$GME-Max pain alert:🚨 somebody just backed the truck up on deep-dated
$GME puts while price climbed... It’s not fear, It’s hedge insurance for folks already long and loading.
Volume on the 16P and 14P for 2026 went full Costco bulk pack, yet open interest barely moved… meaning those weren’t fresh bearish bets... they were rolling, hedging, or protecting bigger positions elsewhere.
When puts get bought into strength while calls quietly stack at 20.5, 21, 22… it’s not doom.
It’s positioning.
It’s sharpening knives before gamma season.
🧠Smart money hedges before launch, not after.
#GME #OptionsFlow #SharpeningTools 🚀📈
$GME GameStop top contracts by volume this morning
Some more of those OTM puts coming through. Appears trader sold the $16p 4/17/2026 & bought the $14p 6/18/2026
The $16p had previous open interest so I'll check the new OI updates on Monday morning following today's OpEx
#GME