Jim Chanos (Kynikos / Chanos & Co) disclosed 25 option positions for the 2023Q3 quarter — 3 long-calls and 22 long-puts — totaling $314.3M of underlying-share notional value. The largest exposures are a put on DLR, a put on EQIX, a put on VRT. Notional values reflect the value of the underlying shares at the quarter-end snapshot, not the option premium paid.
| Type | Underlying | Shares | Notional | % of book |
|---|---|---|---|---|
| PUT | DLRDIGITAL RLTY TR INC | 1.5M | $180.8M | 57.5% |
| PUT | EQIXEQUINIX INC | 125K | $90.7M | 28.9% |
| PUT | VRTVERTIV HOLDINGS CO | 393K | $14.6M | 4.6% |
| PUT | DBRGDIGITALBRIDGE GROUP INC | 326K | $5.7M | 1.8% |
| CALL | DLRDIGITAL RLTY TR INC | 40K | $4.8M | 1.5% |
| CALL | QQQINVESCO QQQ TR | 5.4K | $1.9M | 0.6% |
| PUT | WINGWINGSTOP INC | 10K | $1.8M | 0.6% |
| PUT | NOVAQSUNNOVA ENERGY INTL INC. | 159K | $1.7M | 0.5% |
| CALL | EQIXEQUINIX INC | 2.0K | $1.5M | 0.5% |
| PUT | RUNSUNRUN INC | 107K | $1.3M | 0.4% |
| PUT | ENVXENOVIX CORPORATION | 98K | $1.2M | 0.4% |
| PUT | LMNDLEMONADE INC | 94K | $1.1M | 0.3% |
| PUT | TSLATESLA INC | 4.0K | $1.0M | 0.3% |
| PUT | V7780T103ROYAL CARIBBEAN GROUP | 10K | $921K | 0.3% |
| PUT | ABNBAIRBNB INC | 5.0K | $686K | 0.2% |
| PUT | MSTRMICROSTRATEGY INC | 2.0K | $657K | 0.2% |
| PUT | NVDANVIDIA CORPORATION | 1.5K | $652K | 0.2% |
| PUT | G65163100JOBY AVIATION INC | 88K | $566K | 0.2% |
| PUT | MDBMONGODB INC | 1.5K | $519K | 0.2% |
| PUT | AFRMAFFIRM HLDGS INC | 20K | $425K | 0.1% |
| PUT | CVNACARVANA CO | 10K | $420K | 0.1% |
| PUT | COINCOINBASE GLOBAL INC | 5.0K | $375K | 0.1% |
| PUT | SLGSL GREEN RLTY CORP | 10K | $373K | 0.1% |
| PUT | WWAYFAIR INC | 5.0K | $303K | 0.1% |
| PUT | BROSDUTCH BROS INC | 10K | $233K | 0.1% |
Notional = value of the underlying shares at the quarter-end snapshot, not the option premium paid. A long PUT is a bearish bet on the underlying; a long CALL is a bullish bet. The reported value is included in the portfolio total but does not reflect actual capital at risk.
Jim Chanos runs Kynikos / Chanos & Co, a hedge fund overseeing $3.9M in disclosed equity holdings (SEC CIK 0001446440). The latest portfolio (2023Q3) discloses 7 positions across several sectors, with the largest positions in KRE, QQQ and SHV. On a mark-to-market basis the tracked portfolio has returned 89.1% since 2018Q4. OpenStocks tracks 12 consecutive quarterly snapshots for this manager — every position change, new entry, and exit is logged below.