Situational Awareness, described in the report as an AI hedge fund, has reportedly become active again in the options market, according to comments aired by CNBC anchor David Faber and cited by Sina Finance. Faber, referencing unnamed sources during a live broadcast, said Leopold Aschenbrenner resumed buying options in the latter part of last week and at the start of this week. He said the trades involved hundreds of millions of dollars in option premiums.
According to Faber, the underlying names include companies that have frequently appeared in Aschenbrenner’s earlier portfolio, including SK Hynix, SanDisk, Advanced Micro, Bloom Energy, and CoreWeave. Faber also said it remains unclear whether Aschenbrenner has raised new capital for public market investing. The report does not provide further detail on the size of individual positions or the structure of the options trades.
Situational Awareness, described in the report as an AI hedge fund, has reportedly resumed activity in the options market, according to Sina Finance, which cited remarks made by CNBC anchor David Faber during a live broadcast.
Faber, citing unnamed sources, said Leopold Aschenbrenner restarted buying options in the latter part of last week and at the beginning of this week, paying hundreds of millions of dollars in option premiums. He said the underlying names included companies commonly seen in Aschenbrenner’s earlier portfolio, such as SK Hynix, SanDisk, Advanced Micro, Bloom Energy, and CoreWeave.
Faber also said it is not yet clear whether Aschenbrenner has raised new funds for public market investing.
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