Clock Ticks for 'Roaring Kitty' as GameStop's Price Declines

Reported about 1 year ago

As GameStop's price fluctuates, 'Roaring Kitty,' also known as Keith Gill, faces a ticking clock to lock in gains on his options position. The value of Gill's GameStop options holding fluctuated, briefly dipping into the red before rising as the stock surged. Gill, a key figure in the meme-stock phenomenon, previously disclosed holding 120,000 GameStop June 21 call options, which have experienced significant valuation changes. The contracts are set to expire on June 21, and with their value affected by time decay, Gill may need to act soon to realize gains.

Source: YAHOO

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