$CRWV 20260424 78.0 PUT$ Still printing. Here's why I'm not touching it. Sold the $CRWV 20260424 $78.0 PUT at $2.07. Currently at $0.88. Unrealized: +57.78%. Not closing yet. Let me explain. The original thesis hasn't changed. CoreWeave is not a meme. It's the GPU cloud that the biggest AI labs in the world actually run on. Microsoft signed a $10B+ deal with them. That's not hype — that's a balance sheet event. When I sold this put, I asked myself one question: am I comfortable owning CRWV at $78 if this goes wrong? The answer was yes. That's the only way to sell puts properly. IV was elevated when I entered. Post-IPO jitters had the options market pricing in fear that wasn't fundamentally justified. I collected that fea
$CRWV 20260424 72.0 PUT$ AI Infrastructure Put Sell, +66.76% Unrealized The Trade: Sold $CRWV 20260424 $72.0 PUT at $2.63. Currently marked at $0.88 — unrealized gain of 66.76%. My View: CoreWeave isn't hype — it's the picks-and-shovels of the AI buildout. While the market debates which AI software company wins, CRWV is already getting paid by all of them. Microsoft, Meta, and other hyperscalers need GPU cloud at scale. CRWV delivers it under long-term contracts. That kind of contracted revenue gives the stock a fundam