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Duan Yongping supports Musk’s dream: sells 1,000 SpaceX Put, expressing a long-term bullish attitude

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ME News, July 25 (UTC+8): A post by the Xueqiu user “Dàdào Wúxíng Wǒ Yǒuxíng” (Duan Yongping) says “Support Musk’s dream,” and shares a screenshot of an options trade for SpaceX (SPCX). The screenshot shows that he intends to sell to open 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 orders are filled, he will collect about $2.32 million in premiums and take on the obligation, at expiration, to buy 100k shares of SpaceX stock at $115 per share. Odaily Note: Selling Puts is typically viewed as a bullish strategy, meaning the investor is willing to buy the underlying stock at the agreed price, while lowering potential entry costs by collecting the premium. (Source: ODAILY)
SPCX-2.71%
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