Michael Burry, of "The Big Short" fame, has taken a bearish stance on the S&P 500 and Nasdaq 100. His Scion Asset Management made bearish put option moves against Invesco QQQ Trust ETF ($739 million) and SPDR S&P 500 ETF ($886 million) in Q2. These options allow selling at a set price, indicating a pessimistic outlook. The outcomes of his positions are uncertain due to limited disclosure of specifics. The filings only detail long positions, leaving uncertainty about whether these options are held individually or part of other contracts.