Investing legend Bill Gross has been dabbling in the meme stock trade, notably its two highest profile names GameStop (GME) and AMC (AMC).
“I simply think that the AMC and GameStop are lottery tickets,” said the Pimco co-founder in an interview with Yahoo Finance Presents. Gross — who just penned his own memoir called “I’m Still Standing: Bond King Bill Gross and the Pimco Express” — has been betting against GameStop and AMC using options.
Explained Gross, “If you can sell options that are…
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