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Reddit’s meme-stock investors are turning to the bearish ‘dark side’
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Meme-stock investors who are famously bullish about their favourite stocks such as GameStop and AMC are finding it hard to maintain their optimism.
Data from Breakout Point, a data analytics firm, measured mentions of puts and calls in the WallStreetBets forum on Reddit. It found that mentions of put options (49.2%) were nearly equal to that of call options (50.8%) in the period between 24 January and 2 February.
“January...
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