In the options world, the theoretical extremes for a stock include zero and infinity. Though neither of these extremes are often found, Frank focuses his energy on the former for this week's Frankly Trading.
GameStop (GME) is a stock that has been punished over the years falling from almost $60 per share in 2013 to $10 just this week prior to its earnings on Thursday. With the idea that the stock can't go any lower let alone to zero, Frank trades the stock from the long side. What happens next was a surprise to him! Spoiler alert: it doesn't end well.