'Nvidia Is Wildly Overvalued': Michael Burry Goes Long Despite Shuttering His Hedge Fund Over AI Bubble Fears
Burry said the call options offset his short position as he warned Nvidia and other AI leaders are inflating earnings and hiding depreciation risks.
6 Articles
6 Articles
'Nvidia is Wildly Overvalued': Michael Burry Goes Long Despite Shuttering His Hedge Fund Over AI Bubble Fears
Big Short's Michael Burry said Nvidia is 'wildly overvalued', but still opened a long position in the company, which he has long believed is leading the formation of an AI bubble. 'Low price-to-earnings ratio for a big grower that currently commands monopoly rents,' Burry noted on Nvidia in a Wednesday Substack post, hours before the AI leader posted blockbuster fiscal Q2 results. Burry purchased Nvidia call options with strike prices in the mid…
Michael Burry Buys (NASDAQ: NVDA) Calls As A Hedge While Expanding Short Positions In ORCL, PLTR, NBIS And CAT
Famed “Big Short” investor Michael Burry has purchased December Nvidia (NASDAQ: NVDA) call options ahead of the company’s earnings, describing the move as a “hedge” against his existing short exposure. Burry disclosed in a Substack post that the calls carry strikes set in the mid-to-high $200s, with premiums paid in single digits, and said the cost is “entirely offset” by his short position. “I am not playing for gains here,” Burry said, adding …
Michael Burry Takes Dual Stance on Nvidia (NVDA) Stock with Shorts and Calls
Key Takeaways The investor famous for “The Big Short” expanded his bearish stance on Nvidia prior to Q2 results while purchasing December call options for downside protection Despite acknowledging Nvidia appears “wildly undervalued on paper,” Burry maintains the chip giant’s actual theoretical worth sits far below current trading levels Additional bearish positions were initiated in Oracle, Palantir, Nebius, and Caterpillar The semiconductor le…
Michael Burry Shorts This AI Giant, Then Buys Calls as a Hedge: Why?
Michael Burry bought December Nvidia (NVDA) call options ahead of the company's record-breaking earnings, even as he added to his existing short position against the stock. He described the calls as a hedge, not a bet on gains. The "Big Short" investor disclosed the move on his Substack, where he...
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