🔥MICHAEL BURRY: “The bubble in AI may burst sooner than later.”
Burry has shifted from SHORT positions to PUT options, saying this will give him more cost-effective leverage over a shorter time horizon.
The strikes sit far below current prices:
- Micron $MU near $1,054 vs June $500 puts
- Palantir $PLTR near $187 vs September 2027 low $100s puts
- Nebius $NBIS near $232 vs June double-digit puts
That suggests Burry is positioning for a sharp AI stock reversal as early as next summer.
#EarningsSeason
Burry has shifted from SHORT positions to PUT options, saying this will give him more cost-effective leverage over a shorter time horizon.
The strikes sit far below current prices:
- Micron $MU near $1,054 vs June $500 puts
- Palantir $PLTR near $187 vs September 2027 low $100s puts
- Nebius $NBIS near $232 vs June double-digit puts
That suggests Burry is positioning for a sharp AI stock reversal as early as next summer.
#EarningsSeason
