4 ms·
The $ amount listed on 13F is NOT the premium value but rather the value of shares the position represents (100x multiplier) Back out the 13F SPY value: $886mm
by marcopicentini 3y ago
The $ amount listed on 13F is NOT the premium value but rather the value of shares the position represents (100x multiplier)
Back out the 13F SPY value:
$886mm/2mm = ~$443
He owns 20k SPY puts (2mm/100) likely worth $10's of millions