Buy Crypto
Pay with
USD
USD
Buy & Sell
Hot
Supports Visa, Mastercard, SEPA & more
P2P
0 Fees
Flexible trading, zero fees
Gate Card
Use your crypto for payments worldwide
Markets
Trade
Basic
Advanced
Futures
Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
U.S. Stocks
CFD
U.S. stock CFD derivatives
Futures
High leverage, 24/7 trading
Tokenized Stocks
Backed by real stock assets
GUSD
Mint GUSD for Treasury RWA yields
Earn
Launch
CandyDrop
tag
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Investment
Square
Square
Post, share, and explore crypto trends
Live
moments live
Live crypto market analysis
Chat
Chat with crypto traders
News
What is happening in crypto
flower_head
More
Promotions
AI
Others
TradFi
Gate Card
Rewards
Square
Latest
Hot
News
Profile

Trump Publicly Praises Micron, Speculation of Aggressive Call Option Purchases

AirdropBlackHole
robot
Abstract generation in progress
On May 25, Trump publicly praised Micron at a large rally in Suffern, New York on May 22, stating, "Big company Micron, boy, Micron is great." According to market fund flow tracking account Capital Flow, on the afternoon of May 22, several traders concentrated on buying deep out-of-the-money (OTM) call options for Micron, with strike prices ranging from $750 to $1400, and expiration dates focused on January 15, 2027 (237 days to expiration) and July 17, 2026 (55 days to expiration). On that day, there were at least nine large call option buy orders between noon and afternoon, with seven of them concentrated between 1:19 PM and 1:53 PM. The most aggressive order was for a contract with a strike price of $1400 expiring in January 2027, with a premium of $1.4136 million. For this trade to be profitable, Micron would need to rise nearly 90% from around $745 within less than eight months. This is not the first time Trump has engaged in similar actions; in March, documents revealed that Trump purchased between $25,000 and $50,000 worth of Micron stock on March 25, and the next day he praised Micron on Fox News. Subsequently, the Trump Organization explained that Trump's account is managed by a third-party financial institution, and he does not participate in specific investment decisions.
MU4.27%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments

  • Pinned

Sitemap