Roaring Kitty may have cut GameStop options position, strategists say

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NEW YORK : 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.

FILE PHOTO: A screen displays GameStop stock trading information on the floor at the New York Stock Exchange in New York City, U.S., June 3, 2024. REUTERS/Brendan McDermid/File Photo

Reuters was unable to independently verify whether the contracts were sold or whether Gill was behind the trades. "While he did not finish closing he probably has enough cash now to exercise the rest if he wanted to," Murphy said.

 

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