"Big Short" Burry buys NVIDIA call options to hedge, while increasing his short positions on NVIDIA, Oracle, and other stocks, with short positions exceeding 21% of his portfolio.
According to StockTwits on the 27th, renowned investor Michael Burry disclosed on the social platform Substack that he has purchased NVIDIA call options expiring in December with strike prices in the mid-to-high $200 range. He explicitly stated that this move is solely to hedge his substantial short exposure, not a bullish bet. He also further increased his short positions in NVIDIA, Oracle, Palantir, Nebius, and Caterpillar. Currently, his short stock positions (excluding put options) exceed 21% of his overall investment portfolio.
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