George Soros Bought $1.3 Billion Worth of Put Options
George Soros Bought $1.3 Billion Worth of Put Options on the S&P 500
Submitted by RobHino on Wed, 02/26/2014 - 19:10
We are not in a recovery. What we are witnessing right now is the creation of a speculative bubble of epic proportions and that bubble is going to burst. We've been saying this for some time now, but when a major player like George Soros, a billionaire investor known for positioning himself on the right side of a risky trade starts actively betting against the U.S. stock market trouble is brewing.
Soros has recently purchased 1.3 billion dollars worth of put options on the S&P 500. Some have tried to down play this as merely.
Sam, what does it matter to you? I'm in this from $14.00 and plan on staying awhile yet not everyone thinks like me or you. Why would you feel the need to be a d-bag because someone else chooses to trade often? You just keep on posting "copy and paste" info and let it be!