One thing to remember with 13F filings is that funds are required to report the full value of their option positions as if they were delta 1.
Some outlets then took this and wrote the story that Burry has a short bet of billions on NVIDA and Palentir.
His put's are most likely well out of the money so their delta is no where near 1 so his bet is far smaller than places are reporting just due to how the SEC requries funds to report their holdings on 13F filings.
Some outlets then took this and wrote the story that Burry has a short bet of billions on NVIDA and Palentir.
His put's are most likely well out of the money so their delta is no where near 1 so his bet is far smaller than places are reporting just due to how the SEC requries funds to report their holdings on 13F filings.