Duàn Yǒngpíng Sells 1,000 SpaceX Puts to Express Bullish Sentiment
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Duàn Yǒngpíng posted in support of Musk's dream and shared a screenshot of a SpaceX options trade. The screenshot shows that Duàn Yǒngpíng intends to sell 1,000 SpaceX Put options expiring on December 18, 2026, with a strike price of $115, at a limit price of $23.20. If all are executed, he will receive approximately $2.32 million in premiums and will be obligated to buy 100,000 shares of SpaceX stock at $115 per share upon expiration. Selling Puts is typically viewed as a bullish strategy, indicating that the investor is willing to buy the underlying stock at the agreed price while reducing potential acquisition costs by collecting premiums.
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