A post by @DeItaone on X.
MICHAEL BURRY SAYS HE SOLD 25% OF HIS SEMICONDUCTOR ETF PUTS
@DeItaone on X
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Michael Burry sold 25% of his semiconductor ETF puts, scaling back a bearish position on the chip sector. The disclosure came via Walter Bloomberg's @DeItaone account and did not specify the ETF, strike prices, or proceeds involved. The move matters because Burry's puts had become a widely followed signal of skepticism toward semiconductor valuations after a strong rally in chip stocks. Traders will watch whether the remaining 75% of the position is held, added to, or further unwound in upcoming disclosures.
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Named in this story
Michael Burry, semiconductor ETF