Market Speculation Surrounding Roaring Kitty's GameStop Options Position
Wednesday, 12 June 2024, 21:38
Roaring Kitty Ties to GameStop Options Position
A surge of trading in some short-dated GameStop options contracts on Wednesday suggested to some market participants that Keith Gill, the stock influencer known as Roaring Kitty, may have sold some of his recently-disclosed options position in the company.
Gill's Role in the Meme-Stock Phenomenon
Gill, who helped launch the meme-stock phenomenon in 2021, recently disclosed a sizeable GameStop stock and options position in a screen shot posted on Reddit on June 2.
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