Soros has a major short on the S&P500

FYI, a very ramped up S&P500 short for George Soros:

Capture

Houses and Holes
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Comments

  1. As he is also holding some call options over the same ETF (albeit with a smaller position size), it may be a part of some sort of hedge or other option trading strategy. That info posted does not tell us the option expiry or strike price either – so the puts bought could be a long way away from the current “at the money” strike.

    So over-all, we really don’t know what Soros is up to, or for sure where he is “betting” the S&P-500 might be hgeading in the near term.

  2. He may have bought the PUTS and sold the CALLS deeper out of the money to cover some of the PUT expense and create a collar maybe.