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To: Lurkina.n.Learnin
Speaking of SPY.

A lot of buzz about this on a related thread, this morning, a NEWSMAX/FINANCE article had a link to the actual 13-F filing with the Securities and Exchange Commission and it seems this "Soros-betting-crash" story is bogus.  Apparently while the Soros fund does in fact have $2.6B in puts, it also has $10.1B in stocks and $0.6B in calls.  IOW for every dollar in downside hedging he's got $4.10 in upside bet.

Maybe I'll be changing my strategy to increase my upside investments to that level too...

20 posted on 08/17/2014 5:42:36 AM PDT by expat_panama
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To: expat_panama

“Maybe I’ll be changing my strategy to increase my upside investments to that level too... “

I’m trying too but I’ve got a long way to go before I have $10.1B to invest. ;^) They did only tell part of the story when they report he raised his puts. I’ve noticed rationality crashes in any conversation when you mention Soro’s name.


21 posted on 08/17/2014 6:30:51 AM PDT by Lurkina.n.Learnin (It's a shame nobama truly doesn't care about any of this. Our country, our future, he doesn't care)
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