WARNING: Michael Burry Just Shorted The Market - 2023 Stock Market Crash

Michael Burry has just shorted the stock market, taking a larger position than he did back in 2008, this shows he has more confidence in the market crashing NOW, than he did back then.

Michael Burry has just taken, at face value, over $1.6bn worth of put options, significantly larger than his credit default swap position of only $1.3bn at face value. This position was also built up over 2 years from just $60m, to $750m and then to $1.3bn... will Michael grow his current $1.6bn short even larger over the next couple of months?

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[Chasing_Success_]

What do you think of Michael Burry's GIANT short position? will the market crash?

[jamesharris]

You have toilet paper light 🤔 😂

[zacmorri]

Problem is he’s been callin for a crash since 2021

[zhenren]

His bet is a genius way to test if the market is rigged. That's a lot of money up for grabs if it doesn't go as he's predicting.

[Needanewlife]

The value is probably close to the same due to inflation, if not less. It is still good to see. Something is going to break soon.

[Marine-qphx]

You know they are going to blame us for the crash but we aren't the ones that did anything wrong. Put the blame on the criminals that illegally manipulate and short companies to bankruptcy.

[Cococokieful]

Smart wear. you look more like hedgies worker now. Lol

[daviddidder]

Isn’t shorting the market simply buying AMC?! 🤯

[bigkboom]

AMC to the moon 100k per share is what this guy said now he’s trying to reinvent his channel lmao