Roaring Kitty's GME Holdings Hit Hard with $357M Loss, Still Worth $228M

Roaring Kitty, a prominent investor known for his involvement with GameStop (GME) stock, holds $26 million in cash and $106 million in GME stock. He has 5 million shares paid for at $21 each, totaling about $105 million. He initially paid $681,000 for an options contract, which took a significant hit, losing about $230 million on Friday. Despite this, he rolled over his June 21 call options to August 21, locking in substantial gains. His $20 calls, once up over 584%, are now worth only $6.15 per contract, an 8.3% increase from their average purchase price. As of the latest estimates, Roaring Kitty is worth $228 million, having lost approximately $357 million in unrealized GME gains since Friday.