According to Yahoo Finance and Stocktwits reporting, investor Michael Burry purchased long-dated call options on Microsoft, buying December 2028 LEAPs with strikes in the low $700s. Yahoo Finance notes Scion Asset Management no longer files 13F reports, so the public record does not reveal the trade's size. GuruFocus reported Microsoft shares ticked up roughly 1% in pre-market trading after the disclosure, to about $356.30. Reporting also shows Burry used his Substack to argue that recent Hong Kong weakness is driven by technical rotation toward semiconductor themes; Stocktwits quotes him writing, "Hong Kong stocks are falling hard as the chip narrative pulls capital from Hong Kong and pushes it into South Korea and Japan." Editorial analysis: Investors increasingly use long-dated options to express multi-year convictions on cloud and AI leaders, concentrating upside exposure while limiting upfront capital at risk.
Warriors announce AI data center company as jersey sponsor