# Michael Burry buys Microsoft LEAP calls targeting 2028 gains > Source: > Published: 2026-06-27 15:34:31+00:00 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.