段永平，最新出手！

Core Viewpoint - Renowned investor Duan Yongping has resumed trading activities, specifically selling put options on Apple, amounting to over $1.44 million, indicating a strategic investment approach based on current market conditions [2][5]. Group 1: Investment Strategy - Duan Yongping has a history of selling put options as a strategy, which involves receiving premiums while taking on the obligation to buy the underlying asset at a predetermined price if the buyer exercises the option [6][7]. - The recent transaction involved selling 999 put options for Apple with a strike price of $195, which could yield an annualized return of approximately 18% if the stock does not fall below this price [8][9]. Group 2: Portfolio Adjustments - In the first quarter of the year, Duan Yongping's fund made significant adjustments, including a notable reduction of over $1 billion in Apple shares, while increasing positions in Microsoft, Nvidia, and TSMC [11][12]. - The fund's total holdings decreased by $2.5 billion to $12 billion, with Apple remaining the largest position but reduced to 34.22 million shares [12]. Group 3: Market Context - The trading activity comes after a period of market volatility due to tariff impacts, during which Duan Yongping sold put options on several major companies, including Apple and Google, to capitalize on lower prices [3][14]. - The upcoming quarterly report will reveal the extent of Duan Yongping's investments made through the put selling strategy during critical market moments [16].