Thinking about the post analyzing Leopold's options positions was just last month, and today I see news that Situational suffered massive losses and is seeking new financing. Doesn't seem likely though, the value of the Put protection in their positions isn't low. But this is also the issue with 13F filings—you can't see a lot of specific info about the Puts. Just saw @BroLeon speculate that 'maybe they closed their short positions during the epic Q2 short squeeze and then took the full hit from July's drop.' Could be. Can't be the next SBF, right?!