What do you mean by "potentially means"? I am quiet new to this and the financial jargons don't make sense. I just have a very basic understanding of a few terms.
What do you mean essentially? That if everything goes south and nothing happens like Burry predicted then the maximum amount he loses is just $18,760 ?
And if that's all that he loses then what's with the big fuss around the news as if it's almost apocalypse incoming with his bets?
So the claim "$187.6 million in puts on Nvidia" potentially means "Burry risked a total of $18,760 betting against Nvidia" in reality.