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They were not all shorted on Nov 8. Look at the left hand side of the spreadsheet at column B (Date opened). All of the puts were opened a month or more prior to the collapse, and some were opened as far back as January 2018. The spreadsheet starts at Nov 8 just to show a snapshot of the...

I am the author of the google sheets worksheet. It was copied by "Slope of Hope" (with no attribution) but I corrected some calculations after that point, added better color formatting, and included all positions from 11/8 through 11/15, i.e. the other commodities (gold, silver, coffee...