Michael Burry Just Disclosed Seven Shorts. Here's What the Options Are Pricing.

Michael Burry disclosed a seven-name short book on the day the S&P 500 closed at a record, with six of the seven reportedly working. Options Math Check runs the tension through the tape: the S&P blew out its implied move for four straight sessions, pricing a 50-point move while realizing more than 120, with the VIX rising even as the market climbed. Near term, the options are showing rare call skew, the fingerprint of a short squeeze. Further out it flips to put skew, an escalator up in risk and an elevator down. Burry's view that a sharp fall is possible is his own, and the market is pricing both sides. This is education, not a recommendation, and all views are the show's. 📊 tastylive: https://www.tastylive.com/ 📰 Get Tom's pre-market analysis every morning: https://www.tastylive.com/newsletters 📘 FREE Options Strategy Guide: https://tinyurl.com/bp9ms763 📱 Follow tastylive on X: https://x.com/tastyliveshow Chapters: 00:00 Burry is short seven names 00:24 A record close, Nasdaq ripping 00:55 VIX up while stocks climb 01:59 Blowing out the implied move 02:30 Five names control the ETFs 03:26 Reading the SPX skew 04:01 Rare near term call skew 04:51 Escalator up, elevator down 05:38 The tape turns under the hood 06:27 What do you think #tastylive #mathcheck #options #optionstrading #michaelburry #spx #vix #skew #shortselling #impliedvolatility tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we'll help you take your trading to the next level, whether you are new to trading or a seasoned veteran. tastylive content is created, produced, and provided solely by tastylive, Inc. ("tastylive") and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange Traded Options Risk Disclosure Statement found at https://tastytrade.com/disclosures/. Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg option strategies incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. Supporting documentation for any claims, including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request. tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer.