Michael Burry Thanks Tech Columnist’s Praise For Making ‘A Killing’ On NVDA, MSFT Calls Into Earnings

August 28, 2026 - 04:10

Investor Michael Burry, best known for betting against the housing market before the 2008 crash, has acknowledged a tech columnist's compliment about his recent options trades. The acknowledgment came after Burry's bullish calls on Nvidia and Microsoft paid off handsomely heading into their earnings reports.

According to reports, Burry's Nvidia call options jumped between 50 and 60 percent in less than a day. That surge followed a roughly 9 percent rally in Nvidia's stock price. The quick gain drew attention from a technology columnist who publicly praised Burry for making what he described as "a killing" on the trades.

Burry, who runs Scion Asset Management, thanked the columnist for the kind words. His response was brief but direct, confirming the success of the positions. The trades were timed just before Nvidia and Microsoft released their quarterly results, a move that carried significant risk given how volatile earnings reactions can be.

The options were likely short-dated calls, which are sensitive to both price movement and time decay. A 9 percent jump in the underlying stock would explain the outsized percentage gain in the option premiums. Burry has been more active in options trading in recent years, a shift from his earlier focus on long-term value picks.

The columnist's praise focused on the timing and size of the bet, noting that Burry had not only picked the right direction but also the right window. Burry's reply did not add much detail, but the exchange highlighted how even famous investors appreciate recognition when a high-risk trade works out.

Nvidia and Microsoft both reported earnings that beat analyst expectations, which helped sustain the momentum after Burry's initial gain. The episode serves as a reminder that even with careful research, options trading around earnings remains a high-wire act. Burry's win this time does not guarantee future success, but it does add another chapter to his reputation as a contrarian willing to take bold positions.