Burry Sells December 2026 Nvidia and Palantir Put Options

According to Sina Finance, Michael Burry sold his December 2026 put options on Nvidia and Palantir on Wednesday, while keeping longer-dated put options. He also reduced all other positions to lower risk. According to the post from @burrytracker, Burry kept Palantir put options expiring in 2027 and put options on the Invesco QQQ Trust (Nasdaq: QQQ). Burry recently said he was concerned about Palantir's financial practices, writing that its bargaining power was fading and that there were channel-stuffing issues. He said Palantir's accounts receivable grew faster than revenue in nine of the past 12 quarters. On Tuesday, Palantir and Nebius Group announced a strategic partnership, naming Nebius as Palantir's preferred sovereign AI infrastructure partner.