T radingKey – Mi chael Burry, th e “Big Short” i nvestor famous f or accurately pr edicting the 20 08 subprime mort gage crisis, has once again drop ped a bombshell on the market .

On Thur sday local time , the real-life inspiration beh ind the movie “The Big Sho rt” revealed in a Substack post that he has established a short position in Micron Technology ( MU) at $1,051.87, pointing to significant downside risk for the memory chip giant’s stock price.

Burry’s decision to short the stock directly rather than buying put options stems from his view that Micron’s current put options are overpriced. In his view, Micron’s recent surge is entirely sentiment-driven—with ‘FOMO (fear of missing out), the greater fool theory, and public…