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'Big Short' trader Michael Burry loaded up on bearish options in second quarter, filing shows

Por: MarketWatch Politics August 15, 2023

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The 13-F filing showed that Scion held 2 million put options on the SPDR S&P 500 ETF Trust , which tracks the S&P 500, as of June 30. It also held 2 million puts on the popular Invesco QQQ Trust Series , which tracks the Nasdaq-100 . Put options give the holder the right, but not the obligation, to sell the underlying asset by a set time for a set price, known as the strike price, and are thus popular instruments for betting on downturns. But... + full article



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