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[Michael Burry: Increased Nvidia Short Position and Bought Call Options as a Hedge] According to BeInCrypto, Michael Burry increased his short position in Nvidia before the company released its earnings report and purchased call options expiring in December this year, with strike prices in the mid-to-high $200 range, as a hedge. Michael Burry stated that the cost of these options could be covered by existing short and put option positions and expressed concerns about Nvidia's valuation risks. Additionally, Michael Burry initiated or increased short positions in Oracle, Palantir, Nebius, and Caterpillar, with stock short positions accounting for over 21% of his portfolio.

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