"so a big put wall above cap the upside.
please explain.
Burry, famous for 'Big Short,' bought bearish options against S&P, Nasdaq 100
- Thread starter ETJ
- Start date
please explain.
If they all unload at the same time, there will be a significant change in price.
It has happened before, a lot of options expiring at the same time from institutional traders caused the price to go in one direction.
I bet he must, win or lose, he needs to close the positions.
he will dump to cut lost, vice versa.
yes, but looking at American options, he will be able to exercise them at any time so it will be hard to know when he is about to do it.
What upside are your referring to. The maximum upside is if the underlying goes to zero.
market bulls
%%
ITS NOT for me\because i cant trade off his research
.But on your question, i remember the turtle test[public version] Suppose you call in a sell or inverse order on QQQ, today + then you find out RichDennis is buying + buying QQQ all week-what then??
I remember back then I thought/ Wow i better be buyin' all week if Rich dennis is
WRONG. The correct answer[ for me] is my plan with a QQQ 2023 50dma\ is sell or inverse ETF buy....... Nota stock or ETF tip.
Its not to mindless follow Rich dennis or any ''guru'' or talkin' snake media unquote.
Even more so , not mindlessly coat-tail with Rich dennis, who did some position limit markets.
Half hour to market close 8-15-23,
godd question, would him be satisfied with 10% gain or 20, or to his target, before his expiration. Is he day trading or swing by quarters? Then he holds the underlying 1.5 billion underlying?
The question that bothers me is how the hell the author of the article knows that Burry loaded on puts. Because that would be very useful to know in advance.
Where is that information displayed? Does Burry tell his investors in internal communications and then it goes public? Is there any public record of what these guys are up to in the market?