“Folded the QQQ put position into an enlarged and rolled Nasdaq 100 Index put position, with September 2027 strikes in the $24,000s — implying a roughly 20% decline in the index from about 30,300.”
Said Sep 28, 2026Deadline Sep 17, 2027Michael Burry, 'Trading Post September 28, 2026,' Cassandra Unchained (Substack), reported by Stocktwits/Yahoo Finance and Business Insider, September 28, 2026
Resolves at the September 2027 NDX expiration.