@​michaeljburry trimmed his $CAT bearish bet by 75% after his put options quadrupled in value. $XLI Caterpillar shares dropped 10% last week before rebounding

@​michaeljburry trimmed his $CAT bearish bet by 75% after his put options quadrupled in value. $XLI Caterpillar shares dropped 10% last week before rebounding 7.2% on Monday to close at $598.88. Caterpillar: Forward PEG ratio = 1.19 P/E = 23.5x Return on equity = 56.1% EBITDA margin = ~22% While …