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"The Big Short" Michael Burry Sells Off 75% of His Short Position in Caterpillar (CAT.US) Put Options After Value Quadruples

"The Big Short" Michael Burry Sells Off 75% of His Short Position in Caterpillar (CAT.US) Put Options After Value Quadruples

智通财经智通财经2026/11/11 06:26
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According to information from Zhitong Finance APP, the “Big Short” and well-known investor Michael Burry has reduced his short position on heavy equipment manufacturer Caterpillar (CAT.US) by 75% — previously, the value of his put options on the company had increased approximately fourfold. Burry disclosed this operation in a post on his Substack newsletter, Cassandra Unchained.
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