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Burry buys NVDA calls as hedge... Short position exceeds 21%

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NVDA NVIDIA Corp
$209.96 -1.45%
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  1. 1Michael Burry bought Nvidia (NVDA) December calls as a 'hedge' ahead of earnings
  2. 2He increased shorts in Oracle (ORCL), Palantir (PLTR), and Nebius (NBIS), pushing short stock exposure (excluding puts) past 21% of the portfolio
  3. 3Burry said the theoretical value is well below the current market price and that the company won't distribute enough to shareholders

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