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Michael Burry Swapped Shorts for Micron Puts Struck Near Half the Share Price
Source: 247wallst.com
Futures & OptionsInvestor Sentiment & PositioningShort Interest & ActivismCorporate Earnings
Michael Burry replaced unlimited-horizon short positions with expiring put contracts on Micron, creating a defined deadline for his bearish view ahead of earnings due within hours. The positioning comes after Micron shares surged 550% over the past year, highlighting elevated expectations and potential downside risk if results or outlook disappoint.
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