Trade Alert: Top Names + Nuclear + AI

A bullish options trade on our #1 name, at the intersection of nuclear and AI.

The Nuclear Option Again

AI datacenters are going to have enormous power demands, and that is likely to lead to a renaissance in nuclear energy production. Our #1 name as of Thursday’s close is a company producing a newer kind of nuclear reactor, one that seems to be preferred by Silicon Valley types.

Today’s trade is a bet on this company’s shares being about 30% higher in six months, which is within the options market’s expected move for the stock. If we’re right, we could make up to 400%; if we’re wrong, we could lose up to 100%.

Heads we win 4x, tails we lose x.

Details below.

Today’s Top Names Trade

The company is Oklo (OKLO 0.00%↑), and the trade is a vertical spread expiring on June 20th, buying the $30 strike calls and selling the $31 strike calls, for a net debit of $0.20. The max gain on 15 contracts is $1,200, the max loss is $300, and the break even is with OKLO at $30.20. This trade filled at $0.20.

Exiting This Trade

I’m going to open a GTC order to exit this one at $0.95, and lower that price, if necessary, as we approach expiration.