Option Strategies: IREN& NBIS

Selling For Premium
07-21 14:12

Hello everyone! Today i want to share some trading strategies with you!

1

Bought back (closed) the $NEBIUS(NBIS)$ 115P & 110P for profit ... thank you tutes for the pump this morning and weekend IV crush.

That said, didn't want to give back all the premium via the buyback, so wrote the July 24 $130 puts to cover the buyback ... and reduced buying power used in the process (from 11 cons down to 5 cons).

2

$IREN Ltd(IREN)$ So ... for all the folks spouting off about their decision to sponsor an NBA/WNBA team ... looks like sponsorship advertising really does work. 😉

Wrote a put credit spread to play the news - July 24 expiry $32.5/29.5 spread, 10 contracts.

Nebius Surges 18.8% After NVIDIA Takes 9.3% Stake — Is This AI Cloud's New Champion?
Nebius (NBIS) soared 18.78% to $217, making it the session's standout mover, after NVIDIA took an approximately 9.3% stake in the company. Hedge fund positions more than doubled, CoreWeave gained 8%, and Oracle rose 5%, signaling that "the AI cloud business is beginning to pay off." However, the chairman sold roughly $1.4 million in shares concurrently, flagging potential distribution at elevated levels. With NVIDIA putting real capital behind Nebius, is this surge the start of an AI cloud revaluation, or a one-time thematic spike?
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