“Big Short” Legend Michael Burry Just Bet Big on Microsoft

Last week, Michael Burry disclosed via Substack that he had bought December 2028 LEAP call options on Microsoft with strikes near $700 struck well above the roughly $356 to $360 level the stock was trading at. The actual trade is more interesting, and considerably more constrained, than “Big Short guy goes long Microsoft (NASDAQ:MSFT).” Burry ... “Big Short” Legend Michael Burry Just Bet Big on Microsoft