0.00Open0.00Pre Close0 Volume0 Open Interest150.00Strike Price0.00Turnover615.26%IV-78.45%PremiumNov 15, 2024Expiry Date65.95Intrinsic Value100Multiplier1DDays to Expiry0.00Extrinsic Value100Contract SizeAmericanOptions Type-0.9736Delta0.0026Gamma1.27Leverage Ratio-0.8612Theta-0.0024Rho-1.24Eff Leverage0.0023Vega
TheOracleOfBroMaha : Again??
ZenZiDeR : Buy Put Options?? Isn't that mean Michael Burry is expecting China stock decline? Is it typo?
JohnKnee5 ZenZiDeR : After reading more of the article, looks like Michael is protecting his holdings on a downside risk by purchasing Put options. Look at the second last paragraph.
ZenZiDeR : Something fishy is on-going with china related stock now. Almost all the China related stock listed in US is green now. I mean post market.
$Alibaba (BABA.US)$
$PDD Holdings (PDD.US)$
$JD.com (JD.US)$
$Futu Holdings Ltd (FUTU.US)$
Samuel Lee ZenZiDeR : Michael brought these PUT options aims to guarantee an exit price.
If the price fall below the strike price (and the premium he brought), he can exercise them and sell back those stocks to the ones who sold PUT option to him.
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