Roaring Kitty has some tough choices to make on his GameStop options with Wall Street ready to pounce
GameStopGameStop(US:GME) CNBC·2024-06-12 21:46

Keith Gill, a Reddit user credited with inspiring GameStop's rally, during a YouTube livestream arranged on a laptop at the New York Stock Exchange on June 7, 2024.His call options against GameStop have a strike price of 20andanexpirationdateofJune21.Sharesofthevideogamecompanyhavegainedabout720 and an expiration date of June 21. Shares of the video game company have gained about 7% so far this week to around 30 a share. If the stock trades above 20thatFriday,whichmakeshiscallpositioninthemoney,Gillcouldexercisetheoptionsat20 that Friday, which makes his call position in the money, Gill could exercise the options at 20 apiece, allowing him to purchase ...

Roaring Kitty has some tough choices to make on his GameStop options with Wall Street ready to pounce - Reportify