Trump Publicly Praises Micron, Suspected of Insider Trading by Aggressively Buying Call Options, "White House Stock God" Uses Old Trick Again

BlockBeats News, May 25th, on May 22nd, Trump openly "praised" Micron at a large rally in Suffern, New York, saying, "Big company Micron, boy, Micron is great."

According to market fund flow tracking account Capital Flow, on the afternoon of May 22nd, multiple traders concentrated on buying Micron deep out-of-the-money (OTM) call options, with strike prices ranging from $750 to $1400, and expiration dates concentrated on January 15, 2027 (237 days to expiration) and July 17, 2026 (55 days to expiration).

Between noon and afternoon on that day, there were at least 9 large bullish option buy orders, with 7 orders heavily concentrated between 1:19 and 1:53 in the afternoon. The most aggressive one was a contract with a strike price of $1400, expiring in January 2027, with a premium of $1.4136 million. If this trade is profitable, Micron would need to rise nearly 90% from around $745 in less than 8 months.

This is not the first time Trump has made a similar move. In March this year, documents show that on March 25th, Trump bought Micron stock worth $25,000-$50,000 (the disclosure form itself only requires filling in a value range), and the next day he praised Micron on Fox News. Subsequently, the Trump Group explained that Trump's account is managed by a third-party financial institution, and he himself does not participate in specific investment decisions.