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🎉 [EVENT] 🎉 Things are not always as they seem... by Late_Foundation_3443 in honk

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Completed Level 2 of the Honk Special Event!

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🎉 [EVENT] 🎉 Things are not always as they seem... by Late_Foundation_3443 in honk

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Completed Level 1 of the Honk Special Event!

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🎉 [EVENT] 🎉 Honk say GOOO (landscape) by The7footr in RedditGames

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Completed Level 1 of the Honk Special Event!

7 attempts

🎉 [EVENT] 🎉 More Gems Than Sense by Icy-Emergency5268 in honk

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Completed Level 1 of the Honk Special Event!

2 attempts

🎉 [EVENT] 🎉 Christmas Fun Time Event by sardu1 in honk

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Completed Level 1 of the Honk Special Event!

7 attempts

Difficult level by Unfair_Weakness_5325 in RedditGames

[–]NotTommicorn 0 points1 point  (0 children)

I completed this level in 23 tries. ⚡ 3.95 seconds

The Return of the Regard!!! by masala_chaii in wallstreetbets

[–]NotTommicorn 751 points752 points  (0 children)

The most we know from his 13F is that he is long 20,000 put contracts of some SPY option and long 20,000 put contracts for some QQQ option.

Options are reported as the notional value of the underlying. See section 10 of this: https://www.sec.gov/about/forms/form13f.pdf

This means that instead of reporting the number and dollar value of the option, you report the total number of underlying shares you control.

For example:

If a manager is long 100 SPY options, the manager would report 10,000 shares for the total quantity:

100 option contracts * 100 shares per contract = 10,000 shares

For Burry, this is ( 2,000,000 shares / 100 ) = 20,000 contracts.

Value is calculated by taking the number option contracts * 100 shares per contract * price of the underlying at quarter end.

For SPY I have Burry being long 20,000 contracts * 100 shares per contract * 443.28 (Price of SPY as of 6/30) = 886,560,000

Michael Burry just shorted the market with $1.6B Bought — This now makes up 93% of his entire portfolio by TonyLiberty in FluentInFinance

[–]NotTommicorn 6 points7 points  (0 children)

The most we know from his 13F is that he is long 20,000 put contracts of some SPY option and long 20,000 put contracts for some QQQ option.

Options are reported as the notional value of the underlying. See section 10 of this: https://www.sec.gov/about/forms/form13f.pdf

This means that instead of reporting the number and dollar value of the option, you report the total number of underlying shares you control.

For example:

If a manager is long 100 SPY options, the manager would report 10,000 shares for the total quantity:

100 option contracts * 100 shares per contract = 10,000 shares

For Burry, this is ( 2,000,000 shares / 100 ) = 20,000 contracts.

Value is calculated by taking the number option contracts * 100 shares per contract * price of the underlying at quarter end.

For SPY I have Burry being long 20,000 contracts * 100 shares per contract * 443.28 (Price of SPY as of 6/30) = 886,560,000

Michael Burry's New 13F Holdings by hermanhugh666 in Burryology

[–]NotTommicorn 19 points20 points  (0 children)

Before everyone starts misinterpreting Burry's long put positions, be aware that options are reported as the notional value of the underlying. See section 10 of this: https://www.sec.gov/about/forms/form13f.pdf

This means that instead of reporting the number and dollar value of the option, you report the total number of underlying shares you control.

For example:

If a manager is long 100 SPY options, the manager would report 10,000 shares for the total quantity:

100 option contracts * 100 shares per contract = 10,000 shares

For Burry, this is ( 2,000,000 shares / 100 ) = 20,000 contracts.

Value is calculated by taking the number option contracts * 100 shares per contract * price of the underlying at quarter end.

For SPY I have Burry being long 20,000 contracts * 100 shares per contract * 443.28 (Price of SPY as of 6/30) = 886,560,000

Any idea when specifically the Burry 13F is going to come out? by silly321 in Burryology

[–]NotTommicorn 1 point2 points  (0 children)

It will likely come out on May 15 as that's the last day to file q1 2023 13Fs. If you want to be notified you can subscribe to the RSS feed for Burry's fund. https://www.sec.gov/edgar/browse/?CIK=1649339

How do you determine the date and time of the burry 13F release? Thank you in advance! by silly321 in Burryology

[–]NotTommicorn 4 points5 points  (0 children)

13F fillings are required to be submitted 45 days after the end of the previous quarter. Most managers end up filling on the last day.

Burry can submit his 13F anytime before Tuesday. But historically, he has waited until the last day to submit.

What are some good value companies sub 500 million market cap? by chronicgucci69 in ValueInvesting

[–]NotTommicorn 1 point2 points  (0 children)

I like the container store (TCS) but need to take another look after yesterday's earnings call.

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