Burry NVDA Bear & Tech Divergence
Key Questions
What position has Michael Burry taken on NVDA?
Michael Burry has purchased January 2027 $115 put options on NVDA amid a 2% decline over the past six months. This bearish bet aligns with a fading tech momentum.
What is the small-cap rotation trend mentioned?
There is a rotation from NVDA and large-cap tech stocks into small-caps, as tracked by the Russell 2000 index. This shift is highlighted in discussions on ETF traders eyeing new highs for the index.
What do volume leaders indicate about market focus?
Current US exchange volume leaders include MSFT, NVDA, GOOG, and GOOGL, showing high trading activity in major tech stocks. An inverse pattern in IGV suggests potential downside for SPY amid this divergence.
Burry Jan2027 $115 NVDA puts amid -2% 6mo fade; small-cap rotation from NVDA/tech, IGV inverse pattern signals SPY downside.
Sources (2)
Updated Apr 13, 2026