tsla

2 Stocks Making Major Moves After Robinhood Restrictions

Both stocks have seen meteoric rises to begin 2021

Deputy Editor
Feb 1, 2021 at 10:34 AM
facebook X logo linkedin


GameStop Corp. (NYSE:GME) and AMC Entertainment Holdings Inc (NYSE:AMC) are arguably the two most prominent names on the list of eight stocks facing restrictions on the Robinhood trading platform, following an epic battle between retail investors and short sellers. The stocks have experienced absurd rallies, paired with unprecedented volatility, to kick off the new year, but both are reacting quite differently in response to trading limitations this morning. 

GME is down 26.3% to trade at $213 at last check, but still boasts an incredible year-over-year rise of 6,957%. The equity is recently removed from a Jan. 28 all-time high of $483, and it's hard to say what move GameStop stock will take next. Meanwhile, short interest is down 13.2% in the most recent reporting period, though the 61.78 million shares sold short represent 60.4% of the stock's available float, or nearly three days' worth of pent-up buying power. 

GameStop puts are extremely popular today. In the first hour of trading, over 79,000 puts have exchanged hands -- double the intraday average -- versus 19,000 calls. Most popular by far is the January 2022 0.50-strike put, followed by the April 0.50-strike put.

AMC, meanwhile, was last seen up 25.5% to trade at $16.69, and has managed a 663.2% rise already in 2021. The security is fighting back toward nearly three-year highs of $20.36, but short interest is still building, up 17.3% over the last two reporting periods. The 44.67 million shares sold short still make up an incredible 85.8% the stock's available float.

AMC stock's options pits are seeing a flurry of activity from both sides of the fence. So far, 92,000 calls and 47,000 puts have crossed the tape, which is double the average intraday average. The weekly 2/5 40-strike call is by far the most popular, followed by the 20-strike call from the same series.

 

Two High-Octane Trade Ideas. One Simple Goal: Intraday Profits.

Dynamite Day Trading Signals delivers two same-day options trades every week — powered by proprietary intraday analysis and 43+ years of trading expertise.

But this isn’t just another stream of alerts.

It’s a structured plan with clear entry and exit points – designed for traders who want to act fast, trade smart, and wrap up gains before the closing bell.

No guesswork. No overnight exposure – Just two well-researched setups per week — whether you prefer buying premium or selling it.

And the results speak for themselves: subscribers have locked in +245.8% total profit over the last six months (since inception!).

👉 Start your one-month trial now for just $10, and be ready for the next trade alert.