Moo Options Explorer wrote a post · Nov 10 04:14

Weekly roundup: Burry bets big against AI, market cools, and earnings heat up

Hello mooers!

U.S. stocks pulled back sharply last week as investors grew wary of stretched tech valuations and fading AI euphoria. $NASDAQ 100 Index (.NDX.US)$ fell 3.04%, leading losses, while $S&P 500 Index (.SPX.US)$ dropped 1.63% and $Dow Jones Industrial Average (.DJI.US)$ declined 1.21%. Sentiment soured amid concerns over an extended government shutdown, signs of labor market weakness, and headlines surrounding OpenAI’s government relief remarks—later clarified—but not before dampening investor confidence.

Adding to the cautious tone, famed “Big Short” investor Michael Burry reportedly took bearish positions against $NVIDIA (NVDA.US)$ and $Palantir (PLTR.US)$, amplifying market jitters around the AI trade.

Yet beneath the volatility, fundamentals remain robust. As of now, 91% of S&P 500 companies have reported Q3 results, with 82% beating EPS expectations and 77% exceeding revenue estimates. The blended earnings growth rate stands at 13.1%, marking the fourth consecutive quarter of double-digit profit expansion—well above the initial forecast of 7.9% at the start of the season.

Let’s break down the highlights from last week and what to watch ahead.

🎯 Options Play

@Hase Investment King continued his steady approach this earnings season by rolling $SoFi Technologies (SOFI.US)$ and $Advanced Micro Devices (AMD.US)$ sell puts. He targets consistent premium income from both — accumulating SOFI at a lower cost basis and maintaining steady returns on AMD following its strong AI-chip earnings. He emphasized that consistency and discipline beat chasing big trades, noting that rolling sell puts on quality tickers during earnings season helps manage risk while generating reliable income. Read more>>

@Watermelon Bull seized what he called the “best day to be greedy when others are fearful,” going long on $NVIDIA (NVDA.US)$ during the sharp market drop. He used deep-in-the-money calls paired with out-of-the-money puts to synthetically create long exposure to the stock at a fraction of the cost. His takeaway? Even in fearful markets, strategic use of options can simulate ownership efficiently — but leverage must be handled with caution. Read more>>

Weekly roundup: Burry bets big against AI, market cools, and earnings heat up

🧠 Trading Insights

@Jinta HONG CFA analyzed Michael Burry’s latest “Big Short” move — massive put positions against NVDA and PLTR, totaling nearly $1.1 billion in notional exposure. Burry’s filings show 50,000 Palantir puts and 10,000 Nvidia puts, representing 80% of Scion’s portfolio value. While the exact strikes and expirations remain undisclosed, he highlighted that these long puts may serve as either directional bearish bets or cheap downside insurance. Burry’s social media posts hinted at an “AI bubble” similar to the 2000 tech era, warning traders to reassess valuation risks and conviction in their AI holdings. Read more>>

@ImSteven provided a live breakdown of $Advanced Micro Devices (AMD.US)$ Q3 earnings, where the company beat expectations on both revenue and EPS, yet the stock dropped over 4% post-release. He explained that the decline stemmed from valuation recalibration — the market shifting from P/E to P/S as the proper model amid AMD’s AI-driven growth cycle. Steven projected AMD’s fair value near $251 based on a 12x P/S multiple, noting that implied volatility (IV) near 87% made short-volatility setups like selling calls or puts particularly attractive due to the post-earnings IV crush. Read more>>

@The Bunny Trader detailed his 165% profit on 0DTE $SPDR S&P 500 ETF (SPY.US)$ calls, achieved by identifying a reversal through price action and VWAP bands during a high-volatility session. He described how spotting double bottoms, tracking higher highs/lows, and confirming momentum shifts using VWAP enabled precise entry and exit timing. His takeaway: mastering price structure and emotional control is as crucial as technical setups in intraday trading. Read more>>

@LukeHW highlighted $IREN Ltd (IREN.US)$, which posted a 355% YoY revenue surge and signed a $9.7B AI infrastructure deal with Microsoft. The stock’s implied volatility hit 135%, ranking in the 95th percentile, creating favorable conditions for option sellers. He outlined potential strategies like cash-secured puts and short strangles, showing how lower IV levels narrow profit ranges and increase the probability of gain. Read more>>

📊 Riding the Market Wave

@MonkeyGee celebrated a 744.54% gain on $Lumen Technologies (LUMN.US)$ calls. Read more>>

@pootpoot shared an update on her $Novo-Nordisk A/S (NVO.US)$ position, noting a comfortable profit while actively managing both short and long calls ( +$718.5 USD and +$6,670 USD respectively). She emphasized patience and position management over panic, saying she plans to hold through acquisitions and gradually reduce her cost basis to zero. Read more>>

@Cow Moo-ney locked in a 96.84% profit on $Meta Platforms (META.US)$ short puts that expired in the money. Read more>>

@Ffreedom remained bullish on $Advanced Micro Devices (AMD.US)$ after a strong earnings beat, holding a $92,628 USD call position and expressing confidence in AMD’s long-term upside, especially in data center and AI growth. Read more>>

@Aceminionlust stayed confident with $Applied Digital (APLD.US)$ January calls, up 524.09%, expressing conviction that the trade will remain profitable as AI infrastructure demand continues to expand. Read more>>

@Jenna Ragan shared a 437.5% gain on $Werewolf Therapeutics (HOWL.US)$ calls, celebrating her successful momentum play with a cheerful “Moooooooo 🐮🍸.” Read more>>

Looking Ahead

Macro Watch

U.S. Government Shutdown

Fund Holdings Disclosure on Nov 15

AMD Financial Analyst Day on Nov 11

Earnings Highlights

Tech & AI: $Alibaba (BABA.US)$, $Cisco (CSCO.US)$, $Disney (DIS.US)$, $Applied Materials (AMAT.US)$, $BROOKFIELD CORPORATION PREF SHS CL A SER 4 (BKPA.US)$, $Sea (SE.US)$, $NetEase (NTES.US)$;

Financials & Alternatives: $Blackstone (BX.US)$;

Emerging AI & Crypto Infrastructure: $Bitdeer Technologies (BTDR.US)$, $Rigetti Computing (RGTI.US)$, $BigBear.ai Holdings (BBAI.US)$, $AST SpaceMobile (ASTS.US)$, $Plug Power (PLUG.US)$, $TeraWulf (WULF.US)$, $Circle (CRCL.US)$;

Focus: Keep an eye on $NEBIUS (NBIS.US)$ and $CoreWeave (CRWV.US)$, both critical names in this quarter’s results spotlight.

Let’s Keep the Conversation Going!

🎁 Share in the comments: the option ticker you’re watching this week + your strategy + your reason for the trade to earn 100 moo points!

Example:

CRWV Long OTM call — looking to position ahead of earnings.

🗓️ Before 23:59, November 16th (ET)

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With the collective wisdom of the moomoo community and the tools at our disposal, we’re ready to tackle whatever comes our way. Let’s stay informed, trade smart, and make this week one to remember!

If you find this article useful, do not hesitate to tap ❤️, drop a 💬, and spread the wisdom! 🌟

Stay tuned for more, and happy trading! 🌟

Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more

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MonkeyGee : Thanks for the call out !

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Watermelon Bull : yes be greedy when others are fearful... maybe time to do the reverse...

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Jenna Ragan : Thank you kindly for the mention

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Fred Cremeen : Unlike earnings reports or speculative trends, a shutdown affects federal operations, consumer confidence, and liquidity across sectors. It’s not just a headline; it’s a systemic tremor.

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74128907 :

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104139369 :

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webguybob : 60/40. Let's go!!!!!

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Strik57 : government shut down doesn't help but fear is the biggest impact

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最帅老男孩 : I am still in the process of learning how to manage stock investments.

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VSM : Usually, the market goes down picking up back before year end

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