Michael Burry, a prominent short seller, stated that he has reduced all long and short positions in his portfolio and liquidated his Nvidia and Palantir put options expiring in December 2026 to avoid accelerated time value decay before expiration. However, he still holds Palantir and QQQ put options expiring in 2027, as well as short positions in Oracle, Palantir, Nebius, Nvidia, and SOXX.
The simultaneous reduction of both long and short positions indicates that Burry remains vigilant about autumn volatility but is unwilling to continue paying high time costs for a "must-fall-in-the-short-term" scenario. He had previously extended some AI put options to 2027, reflecting that his bearish logic remains intact, with the timing of realization being less certain.
(These positions are from Burry's personal disclosure and not a complete 13F filing; therefore, the actual capital size cannot be estimated from this information.)
