GameStop's Price Declines Bring 'Time Decay' Pressure on Roaring Kitty's Options Position

Summary:

The clock is ticking for Keith Gill, known as 'Roaring Kitty,' as GameStop's share price drops, impacting his options position. With the recent decline of GameStop shares by 12% to $24.83, Gill's profitability is at risk as the expiration date for the contracts nears. These developments come amidst Gill's role in the meme stock phenomenon of 2021.