Wednesday, 19 February 2014

George Soros' Shorts Are Now Worth $1.3 Billion!

soros' fund management 1.3 billion put option short position s&p500 spx

Soros' Fund Management has now doubled up its short position on "S&P 500" (SPX) to a massive $1.3 billion.

Last Friday, the Fund increased its "Put Options" on the S&P500 ETF by 154%.

It is possible that the "Put Position" could have been taken as a "Hedge Bet" against other possible "Long Positions" the Funds are holding currently....and also, it is possible that it's not! So in that case, could it be that the market this time is going to take back some of the money Soros made on his Legendary shorting of the British Sterling during 1992 of which he was referred to as "The Man Who Broke the Bank of England" - Soros' fund sold short more than $10 billion in GBP on that Black Wednesday!

1 comment:

Rakesh said...

I appreciate from this post thanks for sharing with us.


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