Michael Burry Buys Microsoft 2028 LEAP Calls at $700 Strike, Adds JD and Adobe, Covers Palantir Short

MSFT-2.80%

According to his Substack post on Thursday (June 25), Michael Burry bought Microsoft December 2028 LEAP calls with strikes in the low $700s, signaling long-term bullish conviction on the stock. He also added to positions in JD.com at $24.79 and Adobe at $195.11, alongside purchases of Fiserv at $47.55.

On Palantir Technologies, Burry covered half of his short position at $107.15 but maintained bearish exposure by continuing to hold puts on the stock.

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