Michael Burry adds to Palantir (PLTR) put options

NVDA +0.14% ORCL +1.61% CAT +1.80% NBIS +7.44% MOH +0.58%

1. 1Michael Burry added to his put options on Palantir Technologies (PLTR) expiring March 2027
2. 2He bought puts in the low-to-mid $100 strike when the option price was at a multi-month low, and still sees downside risk even after closing some of his short position near $107
3. 3Q2 revenue rose 93% to $1.94 billion, but with a valuation of more than 50x 2026 sales, growth alone may not be enough to support the stock price

Source GuruFocus.com +2 · View original ↗

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