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Re:Michael Burry a.k.a. "Big Short",discloses $1.1B bet agai... by stevefan1999 on Tuesday November 04, 2025 @08:22PM (#45817946)
Only applies to European Options
Re:Michael Burry a.k.a. "Big Short",discloses $1.1B bet agai... by JumpCrisscross on Tuesday November 04, 2025 @08:30PM (#45817990)
> Only applies to European Options

Absolutely false.

Options theory typically starts with European non-dividend paying options for simplicity. PCP applies to American-style options on dividend-paying stocks, you just get a solution with pairs of inequalities defining bounds. That leads to similar arbitrage and conversion mechanics with similar implications for market participants.