The Return of a Risky Player: Situational Awareness's Options Activity Ramps Up Again Leopold Aschenbrenner, the AI researcher behind the troubled hedge fund Situational Awareness, is once again active in the financial markets.
This time, he's focusing on options trading in tech stocks like Advanced Micro Devices and SK Hynix.
Aschenbrenner's previous foray into public markets ended in spectacular fashion, with his fund's assets plummeting from $45 billion to around $10 billion in a matter of weeks due to aggressive use of leverage on AI related stocks.