On: Michael Burry a.k.a. "Big Short",discloses $1.1B bet against Nvidia&Palantir

[jb1991]

That’s exactly correct, which is why I find the actual option price not so relevant. Presumably that’s why it’s also reported in the way that it is.

[geor9e → jb1991]

I find this comment non-sequitur. We may have a mismatched understanding of how options work.

[jb1991 → geor9e]

More likely, it’s just a misunderstanding of what’s being communicated in this thread. Options are quite complicated and these comments here are rather brief so there’s probably a lot getting lost in the discussion.