Michael Burry has expanded his bearish bets against technology shares, rolling his put options on the Invesco QQQ Trust and the iShares Semiconductor ETF into larger positions that keep him short the Nasdaq 100 and chipmakers while realising tax losses.
'Today's roll cost a little more than the tax loss harvested,' Burry wrote on Substack. 'Bigger positions, more capital at risk. We are dancing with the devil in the pale moon light. Blowoff Top.'
