Michael Burry - Scion Asset Management Options Activity (Sep 30, 2025)


As of Sep 30, 2025, the Scion Asset Management portfolio disclosed options positions in its latest SEC 13F filing reported on Nov 03, 2025. These filings include call and put options tied to underlying equity holdings, providing a deeper look at the fund's use of derivatives for exposure and hedging.


The reported options activity included 61 call contracts and 21 put contracts across companies such as Palantir Technologies Inc. (PLTR), SPDR S&P 500 (SPY), Invesco QQQ Trust, Series 1 (QQQ). Options positions can signal strategies around hedging risk, enhancing leverage, or adjusting portfolio exposure during market shifts.

DateSymbolOptionQuantity
Q3 2025
HAL
Halliburton Company
CALL
2,500,000
Q3 2025
NVDA
NVIDIA Corporation
PUT
1,000,000
Q3 2025
PFE
Pfizer, Inc.
CALL
6,000,000
Q3 2025
PLTR
Palantir Technologies Inc.
PUT
5,000,000
Q2 2025
ASML
ASML
CALL
25,000
Q2 2025
BABA
Alibaba Group Holding Limited
CALL
250,000
Q2 2025
EL
Estee Lauder Companies, Inc. (T
CALL
500,000
Q2 2025
JD
JD.com, Inc.
CALL
1,000,000
Q2 2025
LULU
lululemon athletica inc.
CALL
400,000
Q2 2025
META
Meta Platforms, Inc.
CALL
100,000
Q2 2025
REGN
Regeneron Pharmaceuticals, Inc.
CALL
200,000
Q2 2025
UNH
UnitedHealth Group Incorporated
CALL
350,000
Q2 2025
VFC
V.F. Corporation
CALL
1,500,000
Q1 2025
BABA
Alibaba Group Holding Limited
PUT
200,000
Q1 2025
BIDU
Baidu, Inc.
PUT
100,000
Q1 2025
JD
JD.com, Inc.
PUT
400,000
Q1 2025
NVDA
NVIDIA Corporation
PUT
900,000
Q1 2025
PDD
PDD Holdings Inc.
PUT
200,000
Q1 2025
TCOM
Trip.com Group Limited
PUT
200,000
Q3 2024
BABA
Alibaba Group Holding Limited
PUT
168,900
Q3 2024
BIDU
Baidu, Inc.
PUT
83,300
Q3 2023
BKNG
Booking Holdings Inc. Common St
PUT
2,500
Q3 2023
SOXX
iShares Semiconductor ETF
PUT
100,000
Q2 2023
QQQ
Invesco QQQ Trust, Series 1
PUT
2,000,000
Q2 2023
SPY
SPDR S&P 500
PUT
2,000,000
Q1 2022
AAPL
Apple Inc.
PUT
206,000
Q2 2021
ARKK
ARK Innovation ETF
PUT
235,500
Q2 2021
CAH
Cardinal Health, Inc.
CALL
857,700
Q2 2021
CVS
CVS Health Corporation
CALL
525,300
Q2 2021
GOOG
Alphabet Inc.
CALL
91,900