Core Insights - Opendoor Technologies has experienced a remarkable stock price surge, increasing from approximately $1 to a peak of $4.97 within a week, representing a cumulative gain of 312% over six trading days [1] - The stock's trading volume skyrocketed to 1.9 billion shares on a single day, a 1700% increase compared to the average trading volume over the past three months [1] Group 1: Social Media Influence - The surge in Opendoor's stock price was primarily driven by viral discussions on social media platforms, particularly after Eric Jackson, founder of EMJ Capital, made bullish predictions on platform X, suggesting the stock could reach $80 [3] - Interest in Opendoor on Stocktwits surged by 400% from Monday to Tuesday, with expectations of further increases, indicating a significant rise in retail investor engagement [3] - The situation mirrors the GameStop phenomenon from early 2021, where retail investors used social media to drive up the prices of speculative stocks [3] Group 2: Options Trading Impact - There was a record increase in call options trading related to Opendoor, with approximately 560,000 call options contracts traded on a single day, far exceeding the stock's typical trading volume [4] - The most popular options were those with a strike price of $2, indicating retail investors' focus on short-term price movements [4] - The heightened options trading activity created a feedback loop, where market makers had to buy shares to hedge their risks, further driving up the stock price [4] - Approximately 24% of Opendoor's float was shorted, adding pressure for short sellers to cover their positions, which intensified price volatility and speculation in the market [4]
美濒临退市"妖股"六日暴涨312%!散户狂欢推动期权交易创纪录
Jin Rong Jie·2025-07-22 03:27