May. 9 at 8:55 PM
TRADER FLOW UPDATE
Michael Burry is back in aggressive macro positioning — and he’s leaning harder into the AI short narrative.
Latest move: Scion reportedly exited
$GME and flipped into an outright short on
$PLTR. His thesis: valuation disconnect + business model fragility in an AI-hyped cycle.
He also reiterates downside views:
•
$PLTR fair value: “low
$40S–
$50S”
• Expanded bearish exposure across NVDA, ORCL,
$QQQ,
$SOXX via long-dated puts (2027 strikes below spot)
Portfolio tilt now shows concentrated AI skepticism:
• ~
$1B+ notional bearish AI exposure
• Includes ~
$912M $PLTR puts + ~
$187M NVDA puts
Context matters: he’s framing this as late-cycle AI euphoria, echoing dot-com style excess.
Markets don’t care about opinions… until positioning gets crowded.
This is turning into a macro vs momentum showdown
Curious about the full approach?👉 Check the @MeanReverter_