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WallStreetBets Stocks, Implied Volatility, Option Volume Create Profit Opportunities

·2 min read
WallStreetBets Stocks, Implied Volatility, Option Volume Create Profit Opportunities
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Option volume went through the roof yesterday as the market sold off. The implied volatility also spiked to higher levels in a number of stocks, particularly those closely followed Reddit WallStreetBets stocks. Smile Direct Club saw a significant spike in option volume, with over 340,000 contracts traded compared to its average of 48,000.