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Michael Burry, who accurately predicted the 2008 crisis, is now facing a huge unrealized loss on Nvidia. He bought NVIDIA put options worth $187 million at an approximate price of $130 in the third quarter of 2025, with a strike price of $110. Now Nvidia’s stock price has risen to about $208, roughly 90% above the strike price. Unless the stock price falls by approximately before December 2027.