Duan Yongping Discloses Micron Technology Options Trading Situation

Duan Yongping disclosed his holdings in Micron Technology (MU) on Xueqiu. He pointed out that those who buy short-term options are mostly speculators, while those who sell options may be insurance companies or casino operators, with the key being to control the odds. He emphasized that one should not expect to profit from every trade and should avoid participating in areas they do not understand. Duan Yongping's trading records show that his Micron 870 USD Put options expiring in August have expired worthless; on August 11, he sold 100 contracts of 870 USD Call options expiring on August 26 at a price of 37.55 USD, earning approximately 375,500 USD in premiums; on August 10, he was assigned on a Put and acquired 10,000 shares of Micron stock at a cost of 870 USD per share, totaling 8,700,000 USD.

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