GameStop Options Pop as Keith Gill Posts Screenshot of Holdings; AMC Also Rockets

$GameStop(GME)$  options market popped, tracking gains in the underlying stock after meme stock guru Keith Gill, known as "DeepF------Value" on Reddit posted on the social media platform his holdings. $AMC Entertainment(AMC)$  's options trading also surged. 

The post on Reddit's /r/Superstonk forum showed a screenshot of a position of 5 million GameStop shares, which was worth $115.7 million. It also had call options valued at $65.7 million which gives the holder the right to buy 12 million shares at $20 each by June 21.

GameStop shares climbed 26% Monday morning as retail investors jumped in. Capital trend data showed small orders accounted for an inflow of about $346.13 million as of 11:27 a.m. in New York, more than double the outflow of $113.46 million seen in extra-large orders. In total, GameStop had a net inflow of 12.04 million so far Monday.

The holder of those $20 call options posted under the "DeepF------Value" account paid $5.6754 per share for the contracts, according to the screenshot. The price of those options has more than doubled to $11.21, after touching an intra-day high of $21.10 around the open of the trading day. We couldn't verify if Gill was posting his own portfolio or if the screenshot was from somebody else's holdings. We also have no way of knowing if the screenshot is even real, but data showed volume on those call options has increased in the past few days. 

In total, 475,590 options have traded before noon in New York, landing GameStop in the top four most-active stock options, just behind $Tesla Motors(TSLA)$   , $NVIDIA Corp(NVDA)$  , and $Apple(AAPL)$  . Occupying the fifth top spot was $AMC Entertainment(AMC.US)$, another meme stock favorite, with over 403,000 contracts traded so far.

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