The GameStop Corp. logo on a smartphone and the Robinhood website on a laptop computer.
Tiffany Hagler-Geard | Bloomberg | Getty Images
What’s going on?
Chris Murphy, co-head of derivative strategy at Susquehanna Financial Group, ticked off the signs that the endgame may not be far off for GameStop: “More puts than calls have been trading recently. Open interest in call options is much lower. There’s a decline in volatility. There’s signs the Reddit flows are moving elsewhere, like…