henchman24
Active Member
Eh.....I don't think there's any gamma squeeze going on. With gamma squeezes, you see much more volatility and volume. Across my LEAPS, not seeing the spikes that we saw on the gamma squeeze that happened back in Nov. Not even close.
This honestly looks like institutional accumulation. You couldn't ask for better trading action tbh
There is a gamma squeeze happening. It hasn't kicked into full gear yet as the next two weeks look much stronger... especially if a close above 1200 happens this week.
Undoubtedly there is a lot of institutional buying happening, it is just pushing the option chain to the limit currently. The market was pricing in more a ~5% move this week and not a ~12% move in a day.