Investing.com - Michael Burry still holds a bearish bet against Oracle (NYSE: ORCL), dismissing as "fake news" reports on July 18 that he had fully exited his short position. I covered half because winning," the investor wrote on X, pushing back against coverage from outlets that had declared his six-month Oracle bear campaign over. In a Substack post, Burry elaborated: he sold half of his Oracle January 2027 puts, which were struck in the low-to-mid $100s, because the position had grown "too big." Burry's Oracle trade sits alongside other active positions. The Oracle position remains one of his most publicly documented and, given the stock's decline from its peak, his most profitable on paper.