Michael Burry, founder of Scion Asset Management and famed for "The Big Short," reduced his risk exposure in September by closing out NVIDIA (NVDA) put options expiring in December 2026. He did not roll them into later contracts, directly reducing his most prominent AI short bet. Burry stated that this move was due to rapid time decay and NVIDIA's continued stock price increase, which is up 19% year-to-date.
Despite this, Burry still holds put options on Palantir (PLTR) and Invesco QQQ Trust (QQQ) expiring in 2027, and stated that this move should not be interpreted as an optimistic signal, as his AI short thesis remains intact.
Faster global financial news!
"Big Short" Michael Burry Closes NVIDIA Put Options, Trimming His Most-Watched AI Short Bet
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
Previous: Financial Times analysis suggests the US is losing its 'captive creditors' and paying a higher cost to attract more price-sensitive investors to buy Treasuries.
|
Next: Cummins' stock price has surged 42% over the past 12 months, driven by robust growth in its AI data center power solutions business. Analysts project an additional 40% upside potential in the next 12 months.
24H Trending
-
1
The bank raised its 2027 humanoid robot sales forecast for Unitree Robotics to 31,701 units
-
2
Meta's earnings triggered a significant widening of AI credit spreads, with its Credit Default Swaps (CDS) reaching an all-time high
-
3
Cryptocurrency Exchange Review and Selection Guide
-
4
Pi Network Mainnet Progress and Transaction Status Analysis
-
5
shows that the computational power consumption for training humanoid robot full-body motion controllers can be compressed by over 1000 times
-
6
RADR Token (Solana Chain) Analysis: Trading Channels and Market Status
-
7
RENEC Coin Analysis: Remitano Network's Native Token and Trading Status
-
8
TFL (TrueFlip) Project Analysis and Market Status
-
9
ARTEQ Coin Project Analysis: Value Potential and Market Status
-
10
AI, a Chinese provider of high-quality AI token production services, recently completed a Series B funding round exceeding RMB 1.3 billion
Markets Today
Recommended Reading
Hot Topics
Svmuu focuses on blockchain industry trends and cutting-edge cryptocurrency news, while also covering real-time market data and in-depth analysis of the Hong Kong, U.S., and foreign exchange markets. Here, you can not only access professional 24/7 news updates and accurate market data, but also utilize practical investment tools to help you capitalize on opportunities in both digital assets and traditional financial markets. Whether you are a blockchain enthusiast or an investor in Hong Kong, U.S., or foreign exchange markets, we provide efficient and timely information services to empower your investment decisions.
- User Agreement
- Privacy Policy
- Contact Us
- Business Partnerships
- Disclaimer
- Content Statement
- About Us
- Sitemap
Coming Soon!
