Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

Barchart

Will Ashworth

Don’t Let GameStop’s Unusual Options Activity Cloud Your Judgement

GameStop GME Matt Furlong Michael Pachter Collectibles

Meme-stock investors bowed at the feet of its god yesterday. But, of course, I’m speaking about GameStop (GME), the video game retailer-turned-collectibles and cryptocurrency purveyor. The company turned its first quarterly profit in two years.

As a result, GME share and options volume was off the charts Wednesday. The stock gained over 35% with a volume of nearly 67 million, 10x its 30-day average. Regarding options, 697,178 contracts traded hands yesterday, 7x the average daily volume.

Sign up to read this article

Read news from 100's of titles, curated specifically for you.

Already a member? Sign in here

Top stories on inkl right now

'Planned terrorist acts on behalf of Ukraine': Swedish national arrested in Russia

'Planned terrorist acts on behalf of Ukraine': Swedish national arrested in Russia

Russia’s FSB has detained a Swedish national accused of planning terrorist acts and sabotage for Ukraine. The agency claims he illegally crossed the border to execute these attacks on military facilities. Identified as Freddy Lindholm, he allegedly trained in drone operations after signing a contract with Ukraine’s army. His detention…

The Times of India

ICE Rejects Automatic Body Cameras That Start Recording When Agents Draw Weapons

ICE Rejects Automatic Body Cameras That Start Recording When Agents Draw Weapons

ICE rejects a GAO recommendation for automatic body-camera activation when agents draw weapons, citing privacy risks amid unclear recording guidance.

International Business Times UK

Lawyer of arrested OpenAI engineer says allegations are 'wholly out of character,' one-way ticket to Saudi Arabia was 'prepaid'

Lawyer of arrested OpenAI engineer says allegations are 'wholly out of character,' one-way ticket to Saudi Arabia was 'prepaid'

The arrest was a "surprise," said the attorney, and the suspect, Abdulrahman Alfozan, was "proud" to be an OpenAI employee.

Eight states accuse OpenAI of coaching children to harm themselves in lawsuit

Eight states accuse OpenAI of coaching children to harm themselves in lawsuit

US states sue ChatGPT maker and seek to force the company to change how its products work for young users

The Guardian - US

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

India expresses concern over alleged plot to attack Hindu temple in US, seeks action

India expresses concern over alleged plot to attack Hindu temple in US, seeks action

India has expressed serious concerns about the recent plot aiming at a mass shooting in a Hindu temple located in Aurora. The Ministry of External Affairs pointed to disturbing anti-Hindu and racist undertones in the alleged scheme. Authorities apprehended 19-year-old Alexandros Paporakis, discovering weapons and extremist content. In response, security…

The Economic Times

After struggles v Spain, the USWNT’s midfield puzzle won’t be easily solved

After struggles v Spain, the USWNT’s midfield puzzle won’t be easily solved

The lack of cohesion in the center of the park is evident for the US, with Emma Hayes continuing to try different combinations

The Guardian - US

Related Stories

Top stories on inkl right now

'Planned terrorist acts on behalf of Ukraine': Swedish national arrested in Russia

'Planned terrorist acts on behalf of Ukraine': Swedish national arrested in Russia

Russia’s FSB has detained a Swedish national accused of planning terrorist acts and sabotage for Ukraine. The agency claims he illegally crossed the border to execute these attacks on military facilities. Identified as Freddy Lindholm, he allegedly trained in drone operations after signing a contract with Ukraine’s army. His detention…

The Times of India

ICE Rejects Automatic Body Cameras That Start Recording When Agents Draw Weapons

ICE Rejects Automatic Body Cameras That Start Recording When Agents Draw Weapons

ICE rejects a GAO recommendation for automatic body-camera activation when agents draw weapons, citing privacy risks amid unclear recording guidance.

International Business Times UK

Lawyer of arrested OpenAI engineer says allegations are 'wholly out of character,' one-way ticket to Saudi Arabia was 'prepaid'

Lawyer of arrested OpenAI engineer says allegations are 'wholly out of character,' one-way ticket to Saudi Arabia was 'prepaid'

The arrest was a "surprise," said the attorney, and the suspect, Abdulrahman Alfozan, was "proud" to be an OpenAI employee.

Eight states accuse OpenAI of coaching children to harm themselves in lawsuit

Eight states accuse OpenAI of coaching children to harm themselves in lawsuit

US states sue ChatGPT maker and seek to force the company to change how its products work for young users

The Guardian - US

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

India expresses concern over alleged plot to attack Hindu temple in US, seeks action

India expresses concern over alleged plot to attack Hindu temple in US, seeks action

India has expressed serious concerns about the recent plot aiming at a mass shooting in a Hindu temple located in Aurora. The Ministry of External Affairs pointed to disturbing anti-Hindu and racist undertones in the alleged scheme. Authorities apprehended 19-year-old Alexandros Paporakis, discovering weapons and extremist content. In response, security…

The Economic Times

After struggles v Spain, the USWNT’s midfield puzzle won’t be easily solved

After struggles v Spain, the USWNT’s midfield puzzle won’t be easily solved

The lack of cohesion in the center of the park is evident for the US, with Emma Hayes continuing to try different combinations

The Guardian - US

Our Picks

‘Like selling wolves from Yellowstone’: how protected US sharks are being sold off to foreign aquariums

While anglers cannot take endangered sand tiger sharks, a loophole lets private firms catch the fish to sell abroad, profiting from Delaware Bay’s conservation success

The Guardian - UK

How one of the world’s biggest music stars is transforming the Spanish language

According to the Royal Spanish Academy (RAE, under its Spanish acronym), a “piquete” is either a sharp object, a small wound, or a group of striking workers blocking access to a workplace. It is a word, generally speaking, of conflict and harm.

The Conversation

America: Democracy or Republic?

I'm interviewed about this roughly at about 3:15 to 6:30 of this episode of PBS's Civics Made Easy series. Unfortunately,… The post America: Democracy or Republic? appeared first on Reason Magazine.

Benny Blanco and Selena Gomez Linked to Cheating Rumours After Anonymous Blind Item

An anonymous blind item sparked speculation about Benny Blanco and Selena Gomez after a TikTok creator linked the post to the married couple

International Business Times UK

NBA Legend Shaq Leaves Fans Debating the Size of His Pen*s in Viral Workout Video

Shaquille O'Neal's shirtless gym video has gone viral after viewers debated an apparent bulge beneath his loose shorts, while the former NBA star's post-retirement fitness routine also drew attention.

International Business Times UK

Director Claims “Mean-Spirited” Jennifer Aniston Gave Her “Inappropriate” Gift To Humiliate Her In Front Of Crew

Director Penelope Spheeris accused Jennifer Aniston of deliberately humiliating her in front of her crew when they worked together several years back.

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.

Download on the AppStore

Get it on Google Play