Duan Yongping Sells SpaceX Put Options with a $92 Strike Price

iconKuCoinFlash
Share
AI summary iconSummary
Renowned investor Duan Yongping has entered the options market by selling put options on SpaceX with a $92 strike price. The trade, executed on July 25, 2026, involved 1,000 contracts at $23.26, generating $2.32 million in premiums. The five-month position offers a 25.35% return, or 60% annualized. Duan cited support for Musk’s vision. Crypto price movements and options market activity remain closely monitored by traders.

BlockBeats news: On July 25, renowned investor Duan Yongping responded to a community user's question by stating that he has begun selling put options on SpaceX. This is typical of his "potential acquisition" strategy.


Based on the real-time trade data shared by Duan Yongping, he placed a limit order for SpaceX puts at approximately $23.20, with the actual execution price at $23.26 (for 1,000 contracts), receiving a premium of about $2.32 million. Calculated over a five-month term, the return rate is approximately 25.35%, equivalent to an annualized yield of about 60%. He stated, “Supporting Musk’s dream.”

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.