Investing
‘Roaring Kitty’ Boosts GameStop Bet After Exercising Options
- Keith Gill exercised 500 call options at strike price of $12
- Gill’s Reddit post shows he now owns 200,000 GameStop shares
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The Reddit user who helped fuel the surge in GameStop Corp.’s stock price this year has doubled down on his bet by exercising his call options and buying even more shares.
Keith Gill, who goes by monikers “Roaring Kitty” and “DeepF___gValue,” posted a screenshot of his portfolio showing that he has exercised 500 GameStop call options expiring Friday at a strike price of $12, giving him 50,000 more shares. The stock closed at $154.69 on Friday.