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Jai Hamid

Mike Burry discloses Oracle put options, citing $95B debt and 36% September surge

Mike Burry disclosed in a Substack post that he holds put options on Oracle and has also shorted the shares over the past six months. He points to the company's aggressive cloud and AI build-out, about $95 billion in total debt, and a stock that jumped 36% in September before ending the year roughly 40% below that peak.