Put Options

Search documents
How to Use Put Options to Buy Stocks on the Cheap
Barrons· 2025-10-15 05:15
Core Viewpoint - Market volatility should be perceived as an opportunity to capitalize on the fear exhibited by other investors [1] Group 1 - Investors are encouraged to shift their mindset regarding market fluctuations, viewing spikes in volatility as potential profit-making opportunities rather than threats [1]
The market’s like a paddling duck—calm on top, chaos underneath, says RBC’s Amy Wu Silverman
CNBC Television· 2025-10-07 13:17
All right. So, just a lot going on in the world, Amy. Just a lot going on.Government shutdown. We mentioned tariffs and everything else. But the VIX has really been kind of muted.It's been muted like well below the highs of earlier this year when you first got those tariff announcements. So, I want to ask you when in the options market, isn't this the play to own the VIX. Whether you it's calls or puts or inverse.I mean, isn't that the place to be. Because what are the chance the volatility stays the same g ...
After Nearly Dumping His Entire Portfolio, "The Big Short's" Michael Burry Just Bought 2 Abandoned Stocks Down at Least 40% This Year
The Motley Fool· 2025-08-24 09:24
分组1: Michael Burry and Scion Asset Management - Michael Burry gained recognition for betting against the housing market before the Great Recession, purchasing credit default swaps on mortgage bonds that paid out significantly [1] - In early 2023, Scion Asset Management sold nearly its entire portfolio and bought put options on large tech and AI stocks like Nvidia, which proved to be a timely decision as the stock market faced a downturn [2] - Scion's Q2 13F filing indicated a shift in strategy, with Burry becoming a significant buyer of stocks that had declined at least 40% this year [3] 分组2: UnitedHealth - UnitedHealth, the largest healthcare insurer in the U.S., has faced a challenging year, with its stock down nearly 41% as of August 20, primarily due to underestimated medical costs projected to be $6.5 billion higher than expected for 2025 [5][6] - The company revised its adjusted earnings per share (EPS) guidance for 2025 down to $16 from an initial estimate of $29.50 to $30 [6] - Despite challenges, hedge funds including Scion purchased shares in Q2, with Burry acquiring about 20,000 shares and 350,000 shares through long call options [7] - UnitedHealth maintains significant pricing power and generated enough earnings to manage debt payments, with a free cash flow yield over 9% and a dividend yield close to 3% [8] 分组3: Lululemon - Lululemon's stock has declined nearly 47% this year due to rising competition, tariffs, cautious consumer spending, and a slowdown in the exercise market post-COVID-19 [9] - Despite the stock's decline, Burry and Scion purchased 50,000 shares in Q2 and a total of 400,000 shares through long call options [10] - Lululemon reported EPS and revenue exceeding Wall Street estimates in its first fiscal quarter of 2025, but management lowered its full-year EPS guidance to $14.58 to $14.78 from $14.95 to $15.15 [11] - The company has a strong financial position with $1.3 billion in cash and no debt, and plans modest price increases to address tariff impacts, suggesting potential long-term opportunities despite near-term challenges [11]