Category: Options
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HUGE Bet by Burry…
Michael Burry, the investor famous for his success during the financial crisis, has revealed a new “Big Short” position. He has purchased put options on the S&P 500 and the NASDAQ, representing 2 million shares each. The notional value of these options is $1.5 billion, indicating a potential windfall if the market were to retest…
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Chaos King
“It’s not just about making money during catastrophes…it’s about trying to protect ourselves from catastrophes” Nassim describes that most people prefer to sit on metaphorical dynamite for a steady stream of income. The primary goal at his firm Universa Investments is to benefit when the “steady” cashflow assets and trades cease to make money. Some…
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Market to the moon!?
Racing to buy calls usually means FOMO