Opendoor Stock Surges Amid Volatility and Meme Stock Frenzy

1 min read
Source: Sherwood News
Opendoor Stock Surges Amid Volatility and Meme Stock Frenzy
Photo: Sherwood News
TL;DR Summary

Opendoor's stock experienced extreme volatility, soaring nearly 120% before being halted due to a gamma squeeze driven by a surge in call options trading, particularly around the $4.50 strike price, leading to massive trading volumes and rapid price swings amid broader market gains.

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