Michael Burry Is Super-Bearish On Palantir — With 5 Million Puts

A new regulatory filing shows that billionaire investor Michael Burry's hedge fund Scion Asset Management purchased five million put options on Palantir Technologies, Inc. (NASDAQ:PLTR) and one million put options on NVIDIA Corp. (NASDAQ:NVDA), among other changes to its portfolio. PLTR stock is at all-time highs. See the details here. Bearish on PLTR, NVDA Burry's massive bearish position in Palantir has a market value of $912.1 million and the Nvidia puts are worth $186.58 million, according to Whale Wisd ...