As Michael Burry Adds to His Nvidia Puts, Should You Buy, Sell, or Hold NVDA Stock?
Legendary investor Michael Burry has increased a bearish wager on Nvidia (NVDA.OQ), buying long-dated Jan 2027 put options (notably $115 strike for $3.30) while keeping earlier $100-strike puts, a position he says represents roughly 3% of notional. Burry warns Nvidia’s valuation leaves little room for disappointment and compares its risk profile to Cisco during the dot‑com era. The article balances that with Nvidia’s bullish case: CEO Jensen Huang cited more than $1 trillion in demand visibility for Blackwell and Rubin chips, fiscal‑2026 revenue rose 65% YoY (Q4 +73%), and analysts’ average price target sits near $268.80. Market impact: Burry’s high‑profile bearish trade could heighten scrutiny and volatility, but strong fundamentals and broad analyst support suggest the stock may retain substantial upside, leaving investors split on buy/sell/hold decisions.