Michael Burry maintains short position on Palantir despite Trump endorsement
RR
Riley Reeves
Michael Burry · Apr 10, 2026
Source: The Digital Ledger Data Terminal
Michael Burry maintains put options on Palantir Technologies Inc. as the stock recovered from a 6% intraday drop to close 2% lower following an endorsement from President Donald Trump on Truth Social. Burry has been short the stock since the fall, rolling his positions several times.
President Trump's endorsement of the company's war-fighting capabilities and equipment helped the stock stage a recovery. Burry, however, maintains his bearish stance, as he believes the stock remains wildly overvalued despite a 38% decline from its 52-week high of $207.52 in November 2025.
He now owns June 17, 2027, Strike Price 50 Puts and December 19, 2026, Strike Price 100 Puts. He stated that he is not selling these today.
Michael Burry
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