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Micron Call Option Trade Is Claimed to Have Generated More Than $1 Billion in Profit

Micron Call Option Trade Is Claimed to Have Generated More Than $1 Billion in Profit

The source says buyers spent roughly $50 million to $60 million on Micron $400 call options on March 31, with expiration set for June 18 and trades executed near the ask shortly before the close.

Fact Check
The claim is an accurate paraphrase of the Unusual Whales X post (May 26, 2026), and the underlying scenario is mathematically plausible given Micron's price (~$928 on May 27, 2026 per Macrotrends; shares tripled in 2026 per CNBC). A $400 call with MU near $928 has ~$528 intrinsic value per share, so $50-60M of premium could readily produce $1B+ unrealized gains. However, the specific trade details rely on a single options-flow source (Unusual Whales) without independent corroboration; framing the trade as a single coordinated bet is the source's interpretation. The phrasing 'claimed to have generated' is appropriately hedged.
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Summary

A social media post claims that traders who bought Micron call options generated more than $1 billion in profit. According to the post, the buyers accumulated nearly $50 million to $60 million of Micron $400 call options on March 31, with the contracts expiring on June 18. The trades were described as being executed at the ask price, which can indicate aggressive buying, and were placed about 30 minutes before the market close. The post does not provide independent verification, trade size details beyond the estimated premium, or realized profit records.

Terms & Concepts
  • Call option: A derivatives contract giving the buyer the right to purchase a stock at a set price before expiration.
  • Ask price: The price at which sellers are willing to sell an asset; buying at the ask can suggest urgent demand.
  • Expiration: The date when an options contract expires and its rights no longer remain valid.