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On Friday, Keith Gill exercised his 500 GameStop call options to get 50,000 more shares at a strike price of $12, which is less than a tenth of the current stock price.
What Happened: Keith Gill, the Reddit WallStreetBets trader, also bought 50,000 more
GameStop Corp (NYSE: GME) shares, bringing his total investment to 200,000 shares worth more than $30 million.
Gill who goes by DeepF Value on Reddit and Roaring Kitty on YouTube is the man who helped inspire the GameStop short squeeze in January.
On Friday, he shared a screenshot of his portfolio marked final update on the WallStreetBets subreddit. The screenshot showed nearly $34.5 million in his assets with $30.9 million of GameStop shares and $3.5 million in cash. The Wall Street Journal also reported Gill held more than $30 million in assets.
By Yun Li, CNBC •
Updated 2 hours ago
Dado Ruvic | Reuters
The call options that Keith Gill bought at the beginning of 2021 are set to expire on Friday.
The bet is estimated to generate a gain north of $7 million.
Gill who goes by DeepF Value on Reddit and Roaring Kitty on YouTube is the man who helped inspire the epic GameStop short squeeze.
Gill has also been holding 100,000 shares of GameStop, which he bought at around $27 a share.
It could be a big pay day for Keith Gill, the Reddit trading crowd s favorite and the man who inspired the epic GameStop short squeeze.
By Yun Li, CNBC •
Updated 2 hours ago
Dado Ruvic | Reuters
The call options that Keith Gill bought at the beginning of 2021 are set to expire on Friday.
The bet is estimated to generate a gain north of $7 million.
Gill who goes by DeepF Value on Reddit and Roaring Kitty on YouTube is the man who helped inspire the epic GameStop short squeeze.
Gill has also been holding 100,000 shares of GameStop, which he bought at around $27 a share.
It could be a big pay day for Keith Gill, the Reddit trading crowd s favorite and the man who inspired the epic GameStop short squeeze.
Since the beginning of 2021, the wildest news story has undoubtedly been the mercurial nature of Gamestop’s (GME) share value. The story has many players and many angles, with the ultimate conclusion still to come. One of the most prominent faces of this situation is Keith Gill, also known as TheRoaringKitty on Twitter. He is also known as u/DeepFuckingValue on the WallStreetBets subreddit, commonly accepted as ground zero for the battle between everyday investors and the world’s biggest hedge fund managers.
Gill currently has a portfolio worth nearly $40 million, including soon-expiring call options on GME stock. He can either sell the call options for a handsome profit or choose to exercise the options to expand his total holdings in GME. I wrote a piece earlier that goes into further detail on the call options and what his decision means in regards to the ongoing saga. Gill’s legion of social media followers is excited to read about anything he chooses to stream or post a
By Yun Li, CNBC •
Updated 2 hours ago
Dado Ruvic | Reuters
The call options that Keith Gill bought at the beginning of 2021 are set to expire on Friday.
The bet is estimated to generate a gain north of $7 million.
Gill who goes by DeepF Value on Reddit and Roaring Kitty on YouTube is the man who helped inspire the epic GameStop short squeeze.
Gill has also been holding 100,000 shares of GameStop, which he bought at around $27 a share.
It could be a big pay day for Keith Gill, the Reddit trading crowd s favorite and the man who inspired the epic GameStop short squeeze.