Duan Yongping shares his holdings again: sold put options on Apple with an expected annualized return of about 18%
Duan Yongping shared his investment operations on Xueqiu, selling put options on Apple for over $1.44 million, with an expected annualized return of about 18%. He sold 999 put options expiring in 2026 with a strike price of $195, expressing an optimistic outlook on Apple's future prospects. Despite significantly reducing his holdings in Apple in the first quarter, he still holds 34.22 million shares, valued at $7.6 billion. Apple's second-quarter performance exceeded expectations, and it is expected to bring in up to $4 billion in revenue growth
According to the Zhitong Finance APP, recently, well-known investor Duan Yongping once again shared his operations on Xueqiu. He received a total of over $1.44 million in option premiums by selling put options on Apple (AAPL.US). It is worth noting that in the first quarter of this year, Duan Yongping's managed portfolio had significantly sold off Apple. His recent operation undoubtedly expresses an optimistic attitude towards Apple's future prospects.
From Duan Yongping's operations, he sold 999 put options on Apple with an expiration date of January 16, 2026, and a strike price of $195, receiving $1.44 million in option premiums. However, if Apple's stock price falls below $195, he will have to buy Apple shares at $195. In other words, Duan Yongping believes in Apple's investment value at $195, calculating that this operation has an annualized return of about 18%.
According to the 13F holdings disclosure of U.S. institutional investors in the first quarter, Duan Yongping's managed H&H International Investment significantly reduced its positions in Apple, Google, and Alibaba, while increasing its positions in Pinduoduo and Occidental Petroleum, and newly entering Microsoft, NVIDIA, and TSMC. Specifically, regarding the changes in Apple holdings, Duan Yongping sold 6.64 million shares in the first quarter. However, as of the end of the first quarter, his managed portfolio still held 34.22 million shares of Apple, with a market value of $7.6 billion.
According to Apple's second-quarter report for fiscal year 2025, the company achieved operating revenue of $95.4 billion during the reporting period, a year-on-year increase of 5.08%; net profit reached $24.8 billion, a year-on-year increase of 4.84%.
Morgan Stanley stated that thanks to the promotions during China's 618 shopping festival and national subsidy policies, Apple's iPhone and iPad sales in the second quarter exceeded expectations, which is expected to bring up to $4 billion in revenue growth for the second quarter. This positive trend suggests that Apple's stock price may receive support in the short term, especially as its valuation approaches a two-year low
