May 19, 2025 …He had been quite bullish on China, owning large Chinese stocks like Alibaba, Baidu, JD.Com, and PDD Holdings. But after selling these stocks, he also purchased put options on these names. Put options are similar to call options but in the opposite direction, essentially betting that a stock price will decline. Burry also purchased put options on Nvidia… … Interestingly, Burry's lone remaining long position is the multinational cosmetics company Estée Lauder, which is down over 50% in the last year (as of May 16). Scion actually doubled its position in the company in the first quarter... Source: https://finance.yahoo.com/news/nearly-dumping-entire-portfolio-buying-220500241.html   submitted by   /u/AccelerationFinish [link]   [comments]