Michael Burry makes bearish trade on Palantir with put buys (PLTR:NASDAQ)
Michael Burry buys 2027 PLTR puts as volatility dips, warning Palantirâs lofty valuation may trigger a drop.
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Michael Burry buys 2027 PLTR puts as volatility dips, warning Palantirâs lofty valuation may trigger a drop.
Michael Burry makes bearish trade on Palantir with put buys (PLTR:NASDAQ) | Seeking Alpha
hapabapa/iStock Editorial via Getty Images
Investor Michael Burry has purchased March 2027 puts on Palantir (
PLTR
) with strike prices in the low-to-mid $100 range, according to his Cassandra Unchained Substack, reinforcing his bearish position on the enterprise AI software company.
Palantir shares are down around
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This article is sourced from Seeking Alpha. It is for informational purposes only and does not constitute investment advice.
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