Burry, famous for 'Big Short,' bought bearish options against S&P, Nasdaq 100

[mervyn]

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?

13F

https://whalewisdom.com/filer/scion-asset-management-llc

 

[rb7]

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?

It's a SEC Reporting obligation (section 13).
So, it's public info.

 

[Cabin111]

I follow Burry...I think he is someone with the concept of the big picture.

I followed him into farmland and into water.

I didn't know how to invest in water, so I chose PHO.

Not great returns...But a flee to safety.

I know with farmland, he wanted farmland with a good water source...

 

[Drawdown Addict]

My two cents

https://www.investopedia.com/terms/f/form-13f.asp

It will be pretty hard to act on these reports. No joy for us

 

[zdreg]

It's a SEC Reporting obligation (section 13).
So, it's public info.

That is correct info, However If you are not following the filer you would not know of his filing until the talking head speaks about it.

 

[zdreg]

My two cents

View attachment 320899

https://www.investopedia.com/terms/f/form-13f.asp

It will be pretty hard to act on these reports. No joy for us

True, unless you are following Buffett etc whose end date is years ahead.However options can be near dated. You watch them. The data can still be usefu lif you believe that the hedge fund man is going to roll them to another date

 

[TrailerParkTed]

Burry, famous for 'Big Short,' bought bearish options against S&P, Nasdaq 100
David Randall and Saqib Iqbal Ahmed - Reuters
Michael Burry, the money manager made famous in the book and film "The Big Short," held bearish options against the broad S&P 500 and Nasdaq 100 Index at the end of the second quarter, according to securities fillings released on Monday. Burry's Scion Asset Management bought put options with a notional value of $739 million against the popular Invesco QQQ Trust ETF (QQQ.O) during the quarter, and separate put options with a notional value of $886 million against the SPDR S&P 500 ETF (SPY.P). Put options convey the right to sell shares at a fixed price in the future and are typically bought to express a bearish or defensive view. Burry rose to fame with his bets against the U.S. housing market before the 2008 financial crisis.
/jlne.ws/3sfR0gS

I was trading the $300 QQQ calls when he tweeted “Sell!” Thank God and WSB I ignored him.

 

[Drawdown Addict]

I was trading the $300 QQQ calls when he tweeted “Sell!” Thank God and WSB I ignored him.

An ape does not think, an ape only yolo's

 

[TrailerParkTed]

An ape does not think, an ape only yolo's

WSB’s has been excommunicating meme apes, they’re trying to remove the zealots

 

[Drawdown Addict]

WSB’s has been excommunicating meme apes, they’re trying to remove the zealots

Really? Good luck with that, there are too many of them there.