BREAKING 🚨: Michael Burry just shorted the market with $1.6B Bought $890M of $SPY Puts Bought $740M of $QQQ Puts This now makes up 93% of his entire portfolio Look out below. - The Great Awakening

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BREAKING 🚨: Michael Burry just shorted the market with $1.6B Bought $890M of $SPY Puts Bought $740M of $QQQ Puts This now makes up 93% of his entire portfolio Look out below. (twitter.com)

posted 1 year ago by CoolAsACucumber 1 year ago by CoolAsACucumber +207 / -0

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– JackMaster 2 points 1 year ago +2 / -0

I believe options trader call them 'units' They might be long on individual stocks as a hedge fund, but then they will buy cheap 25% out of the money puts [units] as an insurance policy in case of a major correction or downturn

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