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Originally Posted by
acptulsa
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It's not conclusive either way but it is curious how huge that short position is relative to other (official) shorters of the stock. Even serial naked shorters like Citadel hedge fund and SUSquehanna only report 1 to 2 million shares short. 12 million is a ton, but the info is sort of worthless without knowing the put strikes, expiry dates and when opened. If you look at the stock's chart, shorting it has been pretty profitable for several months. Interesting nonetheless, especially if one remembers the puts on airlines before 9/11, for example.
(for a different perspective, if one believes that this event was something of a psyop to galvanize support behind Donald, a put position like that could be simply a hedge against the psyop going terribly awry (like a bullet actually hitting and killing him unintentionally), so that prior investment in Trump (tm) and TMTG isn't booked as a loss. That's not necessarily my theory but it is smart to consider all angles.)
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