The Big Short's Michael Burry Stops Betting Against Tesla

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In this video, I explain Michael Burry's put option position, how he's out of his trade, and probably with a loss.

*This is not financial advice.

😀 About myself:
I am a full time trader with academic and professional backgrounds in economics and finance. I seek to provide quality educational videos on trading, investing, and personal finance.

🔎 Timestamps:
0:00​​​​​​​​​​​ - Introduction
0:16 - Burry's Put Position Explained
0:45 - Interview with Burry
1:18- Tesla's Chart
1:39 - Was Burry Liquidated?
2:02 - Burry Shorting Bitcoin?
2:21 - My Newsletter and Community
3:19 - Conclusion

--------------------------------More About Mike--------------------------------
🐦 Twitter: @michael_b_wang
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0:26 - Sorry I can't count. It's actually $731M 😅

InvestingwithMike
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So did he hold put options or was his position liquidated?
How could it be both??

notroll
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A Put option is a long position when written. This filing snippet is useless as it doesn't specify if the Puts are bought or sold to open.

FFE-jszp
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There is your TSLA short entry point, one hour after the earnings pump, window ends in 5 mins currently around $900/share.

FFE-jszp
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Coal price up 450% since January. EVs will never work.

FFE-jszp
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Is he still betting against Cathie Wood’s ArkK?

St.Maurice
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Burry should have studied history. Never bet against Tesla. He tried to give free advice to Elon Musk... Ha ha. He must admit he was wrong and kneel before the Emperor of Mars.

Vincentvega