What’s. In. The Box?!?!?

Keith Gill, aka Roaring Kitty, tweeted a picture of a wrapped box at 10 a.m. ET on Christmas morning.

In return, the world has seemingly given him a gift.

Shares of GameStop are bounding higher in early trading, up 9% on (relatively) heavy volume.

pic.twitter.com/RLv8w97uPp
— Roaring Kitty (@TheRoaringKitty) December 25, 2024

Open interest in GameStop calls with a $125 strike price that expire on January 17 (in 22 days) is virtually unchanged after spiking on December 16 amid signs of whale-like buying activity. These bullish options bets need another mania in shares of the embattled brick-and-mortar retail to be in the money.

Social-media buzz about the potential for another frenzy and short squeeze in the stock is swelling, despite there being a dearth of actual shorts.

Gill’s last micro missive on X prior to Christmas Day was a Time “Person of the Year” cover post on December 5.

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