Rotation of the meme stocks

Right now AMC is killing it. Almost every single option sweep is bullish, but we’re getting ourselves into a problem: IV is getting too high.

Calls can only go up so much- with IV in the 300% to 400% range, most call buyers will end up losing money if they hold for even a few days.

Right now, I think there are two moves in terms of meme stocks: Buy AMC c…