Big short is back!
60000 of 16 Apr'21 $315 $SPY puts were bought today. This is a $78m bearish bet expecting S&P500 to go into a new bear market post elections.
If this is a hedge, then this fund should own 6m shares of SPY and none of the hedge funds own this many SPY shares. pic.twitter.com/phv2ulHeJi
— Yuriy Matso (@yuriymatso) October 17, 2020
It looks like Americans are rushing to start up sham businesses so they can qualify for the next round of PPP money. This program will become the biggest boondoggle and public fleecing in American history. t.co/IgPn7Dg5yu
— Peter Schiff (@PeterSchiff) October 16, 2020