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PLTRPalantir Technologies Inc. Class A$167.99
24h
-2.09%
5 Nov, 18:46
Bearish on Palantir via Puts
Bearish-2.16%
AI Summary
Reports Michael Burry's portfolio updates, highlighting a bearish stance on Palantir, Caterpillar, QQQ, Oracle, and the Semiconductor ETF via put positions, while increasing his bullish position in MercadoLibre below $1,500.
Breaking: Michael Burry updated his portfolio
He:
• Holding puts in Palantir $PLTR
• Holding puts in Caterpillar $CAT
• Holding puts in QQQ $QQQ
• Holding puts in Oracle $ORCL
• Sold 25% of Semiconductor ETF $SMH puts
• Increased position by 50% MercadoLibre $MELI, "bought under $1,500"
Burry says the $SMH puts are "still very large" even after the sale, per his Substack