Duan Yongping says Micron-related contract expired; monthly premium above 10%

"Chinese Buffett" Tracking10-30 09:51

Value investor Duan Yongping said on October 30 that a contract related to Micron Technology had "expired again," and that the premium exceeded 10% over the course of a month. He made the remark in a post on the social media platform Xueqiu.

In the brief note, Duan wrote: "The premium exceeded 10% in a month. The insurance business is doing well." He did not disclose the type of contract, its size, strike price, or other terms, and provided no additional background on the trade or strategy. The post focuses solely on the fact of expiration and the monthly premium level.

His wording uses the English term "premium." Beyond those statements, Duan offered no further details or context.

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