Michael Burry reshuffled his options portfolio on Wednesday, exiting his Nvidia Corp (NASDAQ:NVDA) and Palantir Technologies (NASDAQ:PLTR) December 2026 puts, while keeping longer-dated puts intact, per the Michael Burry Stock Tracker X account.
According to the post, Burry sold his December 2026 Nvidia puts and December 2026 Palantir puts entirely, while keeping his 2027 PLTR puts and 2027 Invesco QQQ Trust (NASDAQ:QQQ) Trust puts unchanged.
Burry also trimmed every other position in an effort to reduce risk. The claims were shared in an X post by @burrytracker.
Burry’s Concerns on Palantir’s Balance Sheet
Burry recently highlighted concerns about Palantir’s financial practices, writing: "Palantir is losing bargaining power and channel stuffing.. The former is a weak business position; the latter, a crime."
