'Big Short': Michael Burry bought bearish options against S&P, Nasdaq 100

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Michael Burry's Scion Asset Management bought bearish put options against the S&P 500 and Nasdaq 100 indexes, according to the second-quarter regulatory filings released on Monday. The fund invested $739m in Invesco QQQ Trust ETF put options and $886m in SPDR S&P 500 ETF put options, conveying a right to sell shares at a fixed price and conveying a bearish opinion.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/t5lgU3Q

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