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The GameStop stock ($GME) experienced heavy trading activity in $20 call options, with speculations that Keith Gill, known as Roaring Kitty, might be selling his positions. Large volumes of contracts were traded, leading to a drop in prices and increased open interest scrutiny.
Will the dumb $GME lemmings ever learn? Those June 21st $125 calls are now trading at 70% less value than yesterday. Where are the jokers pushing the idea of "failure-to-deliver" theory on the 4 mil shares of #RoaringKitty assigned calls? #stockmarket https://t.co/HW8BpqK29e
Roaring Kitty 20 strike 6/21 calls are most heavily traded options on the GME chain again today.
What are your thoughts on @TheRoaringKitty selling some of his options? https://t.co/tIqGWda29o