Rocky|7月 29, 2026 13:25
Today I saw Vida, the big shot, selling $7 million worth of Micron ($MU) PUT options with a strike price of $660!
I decided to follow suit and opened a $100,000 position on OKX to sell $MU PUT options with a strike price of $680, expiring in 11 days. If Micron’s stock price doesn’t drop below $680 by expiration, I’ll earn an annualized return of 20%, roughly $650 in premium.
If the stock price does drop below $680 by expiration, I’m fine with it—I’ll buy Micron stock at $680 per share. Did the math, and it still looks pretty sweet!
After all, if you’re willing to buy ChangXin at 35x PE, why hesitate on Micron at 5x PE? Plus, there’s that 20% annualized return bonus!
Win-win situation, the odds look decent. DYOR!
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