Birdwatch Note
2023-11-15 11:20:27 UTC - MISINFORMED_OR_POTENTIALLY_MISLEADING
The author's estimate of a 40% loss misreads how options are priced. He calculated on the notional value (underlying asset), not the premium Burry paid. The premiums are not disclosed in the reports, so we can’t estimate the actual loss, but it’s less than 40%. https://www.reuters.com/markets/us/burry-famous-big-short-bought-bearish-options-against-sp-nasdaq-100-2023-08-14/
Written by B6A026EA6B1BFB039DC93B290B5F5486C6B8AAEDE6418CB0E667321A7A94EB14
Participant Details
Original Tweet
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All Information
- ID - 1724749196475904104
- noteId - 1724749196475904104
- participantId -
- noteAuthorParticipantId - B6A026EA6B1BFB039DC93B290B5F5486C6B8AAEDE6418CB0E667321A7A94EB14 Participant Details
- createdAtMillis - 1700047227383
- tweetId - 1724548590918316073
- classification - MISINFORMED_OR_POTENTIALLY_MISLEADING
- believable -
- harmful -
- validationDifficulty -
- misleadingOther - 0
- misleadingFactualError - 1
- misleadingManipulatedMedia - 0
- misleadingOutdatedInformation - 0
- misleadingMissingImportantContext - 1
- misleadingUnverifiedClaimAsFact - 0
- misleadingSatire - 0
- notMisleadingOther - 0
- notMisleadingFactuallyCorrect - 0
- notMisleadingOutdatedButNotWhenWritten - 0
- notMisleadingClearlySatire - 0
- notMisleadingPersonalOpinion - 0
- trustworthySources - 1
- summary
- The author's estimate of a 40% loss misreads how options are priced. He calculated on the notional value (underlying asset), not the premium Burry paid. The premiums are not disclosed in the reports, so we can’t estimate the actual loss, but it’s less than 40%. https://www.reuters.com/markets/us/burry-famous-big-short-bought-bearish-options-against-sp-nasdaq-100-2023-08-14/
Note Status History
| createdAt | timestampMillisOfFirstNonNMRStatus | firstNonNMRStatus | timestampMillisOfCurrentStatus | currentStatus | timestampMillisOfLatestNonNMRStatus | mostRecentNonNMRStatus | participantId |
| 2023-11-15 11:20:27 UTC (1700047227383) |
1969-12-31 23:59:59 UTC (-1) |
2023-11-16 03:08:07 UTC (1700104087450) |
NEEDS_MORE_RATINGS | 1969-12-31 23:59:59 UTC (-1) |
Note Ratings
| rated at | rated by | |
| 2023-11-15 15:25:51 -0600 | Rating Details | |
| 2023-11-15 12:15:01 -0600 | Rating Details | |
| 2023-11-15 10:15:58 -0600 | Rating Details |