Michael Burry Just Bet Big Microsoft Will More Than Double by 2028

Burry bought December 2028 LEAP call options on Microsoft with a $700 strike price, betting shares will nearly double from their current $360 range.

Burry's actual position size is unknown since Scion Asset Management stopped filing 13F reports, so the bet could be small or massive.

LEAP options can lose 100% of their value, making direct Microsoft stock ownership a safer way for retail investors to share Burry's bullish thesis.

Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Microsoft didn't make the cut. Grab the names FREE today.

Artificial intelligence has turned the stock market into a contest over who will own the infrastructure powering the next decade of computing. Investors have poured hundreds of billions of dollars into AI leaders, pushing many technology stocks to lofty valuations. Yet even after Microsoft's (NASDAQ:MSFT) stock climbed over the past several years, it's fallen hard over the past eight months, falling almost 33%.

One of Wall Street's best-known contrarian investors believes the market is missing the bigger picture. Michael Burry, whose successful bets against the housing bubble were chronicled in The Big Short, ha

Fuente original: Yahoo Finance (https://finance.yahoo.com/markets/options/articles/michael-burry-just-bet-big-153431786.html)