The meme trader revealed that he was down $235 million and held call options on 12 million GameStop shares in his YouTube livestream, dated June 7.
GameStop’s Roaring Kitty, the trader behind the GameStop (GME) meme stock frenzy, is dominating the headlines following his first YouTube livestream in three years.
During the June 7 livestream, Roaring Kitty revealed his portfolio and announced that he was down $235 million, as GameStop shares fell sharply from the previous day’s close of around $46 to a low of around $26. Shares of GameStop are trading around $28 at the time of this writing.
The meme trader, whose real name is Keith Gill, also disclosed that he had call options on 12 million shares of Gamestop’s stock.