Bill Gross Bet on Meme Mania!
The trade was to sell GameStop $40 calls and puts — known as a straddle — betting that the stock won’t swing too far in either direction. $GameStop (GME.US)$ $AMC Entertainment (AMC.US)$ $Faraday Future Intelligent Electric Inc. (FFIE.US)$ $Reddit (RDDT.US)$
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