Like him or hate him you’ve got to admit he has legendary status calling the housing crisis and taking a short position that delivered billions…. In September Michael Burry initiated a series of LEAP put positions, for which he got mocked relentlessly... as a subscriber of his substackI've had the pleasure of monitoring his trades and I'd like to share with you guys his list of PUTS from his Sep. trading post and their current price then vs. now and how much he stood to gain or lose…. Ready? 1. $MU Puts June 2027 expiry / Strike $500 Price on Sep. 28: $1,082 Price Today: $694 Est. unrealized gain: +300%-400% 2. $NBIS Puts June 2027 expiry / $90 (he mentioned double digit strike) Price on Sep. 28: $231 Price today: $130 Est. Unrealized Gains: +250%-350% 3. $CAT Puts Dec. 2027 expiry / Strike $400 Price on Sep. 28: $819 Price today: $559 Est. Unrealized Gains: +400%-600% 4.$SOXX Puts (Currently ITM) Sep. 2027 expiry / $420 ($140 after split) Price on Sep. 28: $186 Price today: $137 (IN THE DAMN MONEY 😱) Est. Unrealized Gains: +300%-400% 5. $PLTR Puts Sep. 2027 expiry / $120 (assumed) Price on Sep. 28: $186 Price today: $160 Est. Unrealized Gains: +60%-100% 6. $NVDA Puts Sep. 2027 expiry / $150 (assumed) Price on Sep. 28: $228 Price today: $188 Est. Unrealized Gains: +120%-200% Now tell me again how Burry’s lost his way or is delusional!!! He’s 6 for 6 with triple digit gains on every position!!! 😱
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4 Comments
Vlastimil Cerny
@vlastik · 1h
Thanks for sharing Moe. The Big Short keeps hitting the mark. Maybe next time share when his positions go live 😄
Kap @kap100 · 2h
@moementumfinance he isn’t lost his way by seeing tons of unrealized gains.
CoderDonna @coderdonna · 10h
It's that 2027 sports almanac!
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