Daily Options Selling Strategy | AI NeoCloud's Twin Stars Soar! Missed out on CoreWeave, NEBIUS? Use options strategies to precisely position yourself

1. Market Benchmark: AI NeoCloud's Dual Stars Lead the Surge in Computing Infrastructure

As the demand for AI computing power shifts from 'training' to 'inference', the supply model of computing infrastructure is undergoing a profound transformation.

AI-native cloud platforms (NeoCloud) represented by CoreWeave and NEBIUS have continued to rebound recently. Investors who missed this rebound can use options selling strategies to reasonably position themselves.

Morgan Stanley recently released an in-depth report, providing the first systematic breakdown of these two AI NeoCloud giants, pointing out that although they share a high-growth track, there are significant differences in their business models, financial flexibility, and risk-return characteristics.

II. Focus on Hot Targets

$CoreWeave (CRWV.US)$ : The infrastructure behemoth prioritizing scale, with a certainty premium under high debt

The leading AI cloud infrastructure provider $CoreWeave (CRWV.US)$ driven by $Meta Platforms (META.US)$ a $21 billion mega order and collaboration news with Anthropic, The stock price has surged over 53% since April.

The company achieved revenue of $5.13 billion in 2025 (up 168% year-over-year), with an EBITDA margin as high as 60%.Morgan Stanley forecasts its revenue will leap to $12.5 billion in 2026, with the core rationale being 'lock-in'.Over 98% of CoreWeave’s business is tied to $Microsoft (MSFT.US)$ , OpenAI, and $Meta Platforms (META.US)$ other hyperscale clients, secured by multi-year 'take-or-pay' contracts ensuring extremely high revenue visibility.

Morgan Stanley assigned the company a 'Neutral' rating with a target price below the current level, primarily concerned about its debt soaring from $21 billion in 2025 to $46 billion in 2026, along with a customer concentration risk where approximately two-thirds of its revenue depends on Microsoft.

$NEBIUS (NBIS.US)$ : A more resilient offensive player, balancing spot exposure with growth potential

NEBIUS's stock performance this year has far outpaced CoreWeave's, supported by dual endorsements from NVIDIA and Meta, rapidly narrowing the market cap gap.Although the revenue base in 2025 is only USD 530 million, the year-on-year growth is as high as 479%, and it has just completed a USD 4.338 billion convertible bond issuance, with sufficient cash reserves.

Unlike CoreWeave, NEBIUS generates approximately USD 550 million in ARR from the spot market or short-term contracts.In an environment of GPU computing power shortages and rising rental prices, this part of the business has significant upward repricing potential. The company adopts a light-asset model of 'securing orders first, then building infrastructure,' holding anchor contracts worth tens of billions of dollars from Microsoft and Meta, and using customer prepayments to expand.The capital structure is more flexible.

NEBIUSIt is currently still in a phase of substantial losses. Although Morgan Stanley expects NEBIUS's EBITDA margin to improve rapidly by 2026,it has assigned the company a 'neutral' rating because its short-term revenue targets are extremely aggressive, requiring verification of its ability to quickly increase profitability.Moreover, the transition to selling to a broader enterprise customer base still faces significant uncertainty.

III. Seller Options Strategy

1. Sell 1 contract$CoreWeave (CRWV.US)$ 2026 May 1st, 100P, estimated required margin (for reference only): $10,000 ($100 × 100)

2. Sell 1 contract $NEBIUS (NBIS.US)$ 2026 May 15th, 100P, estimated required margin (for reference only): $13,000 ($130 × 100)

Opportunity filtering logic:

In the long term, AI NeoCloud represents a definitive trend, but in the short term, cloud platform companies represented by CoreWeave and NEBIUS have rebounded relatively quickly.Investors who missed this wave of gains will be in a passive position if they chase the rise through spot purchases when stock prices retrace.

At this point, by selling put options, if the stock price continues to rise or remains volatile at high levels, substantial option premiums can be collected, increasing the annualized return on idle funds. If the stock price retraces from its high to near the strike price, it also allows for acquiring shares at a lower cost and entering the market to position oneself in core AI NeoCloud targets.

IV. Risk Control Reminder

Although the seller strategy has a high probability of success, investors must still manage risks effectively:

– Position management is key:The biggest risk for sellers lies in black swan events. It is recommended thatNo more than 20% of total capital should be allocated as margin for any single position. Never sell options beyond your capacity to handle them just for the sake of greedy premium collection.

– Covered call options should be rolled over in a timely manner.(Rolling)When the covered call option becomes deeply in-the-money (stock price far exceeds strike price),if you remain bullish on the underlying stock, you should decisively 'roll' the position— that is, buy to close the current option while simultaneously selling an option with a further expiration date and a higher strike price, avoiding the forced liquidation of the underlying stock at a low price.

– Cash-secured put options warn of 'left-tail risk':For cash-secured puts,If the stock price collapses due to deteriorating fundamentals (rather than a normal pullback), don't hold on stubbornly.At this point, you should either cut losses and exit or use 'rolling down the position' to buy time while waiting for volatility to normalize.

Case Selection Criteria

Open Futubull >> Market >> Options >> Seller Zone >> Filter; Common screening criteria for Cash Secured Put and Covered Call strategies: IV Percentile > 40%; Total option volume > 60,000 contracts; Days to expiration 0-45 days; Daily option volume/open interest > 500 contracts; ROI > 2%; Annualized ROI > 30%. Cash Secured Put: OTM Probability > 60%; Covered Call: OTM Probability > 70%;

Underlying selection rule: For each underlying asset, choose the one with the highest probability of profit. Probability refers to the likelihood that the option contract will not be exercised, i.e., the out-of-the-money probability. The higher the probability, the lower the chance of being exercised, and the greater the likelihood of securing stable option premiums. Data source: Futubull. The information is based on closing prices as of the previous trading day; all data and information in the options seller zone are for reference only and do not constitute any investment advice.

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Options Risk Warning

An option is a contract that grants the holder the right, but not the obligation, to buy or sell an asset at a fixed price on a specific date or at any time before that date. The price of an option is influenced by various factors, including the current price of the underlying asset, the strike price, time to expiration, and implied volatility. Implied volatility reflects the market’s expectations for the level of volatility in the option over a future period. It is a data point derived inversely from the Black-Scholes option pricing model and is generally regarded as an indicator of market sentiment. When investors anticipate greater volatility, they may be more willing to pay a higher price for options to hedge risks, resulting in higher implied volatility. Traders and investors use implied volatility to assess the attractiveness of option prices, identify potential mispricings, and manage risk exposure.

Disclaimer

This content does not constitute any offer, solicitation, recommendation, opinion, or guarantee of any securities, financial products, or tools. The risk of loss in trading options can be substantial. In some cases, losses may exceed the initial margin deposited. Even if you set contingent orders such as 'stop-loss' or 'limit' orders, these may not prevent losses. Market conditions may make such orders unexecutable. You may be required to deposit additional margin within a short period. If you fail to provide the required amount within the specified time, your open positions may be liquidated. However, you will still be responsible for any shortfall in your account. Therefore, before trading, you should study and understand options and carefully consider whether such trading is suitable for you based on your financial situation and investment objectives. If you trade options, you should be familiar with the procedures for exercising options and the rights and obligations upon exercise and expiration. Options trading carries extremely high risks and is not suitable for all investors. Investors should carefully readCharacteristics and Risks of Standardized Options。

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