Trade Alert: Top Names + ETH

A bullish bet on an Ethereum/ETH-linked name that returned to our top ten last night.

ETH Beta With an AI-Infra Kicker

One of last night’s top ten names isn’t a BTC miner anymore—it’s an ETH treasury & staking company that also majority-owns an AI/HPC infrastructure subsidiary (think GPU-as-a-Service, high-density colocation, direct liquid cooling). Two near-term catalysts line up:

• November update: management should refresh ETH held on the balance sheet and, for the first time, report earnings from the AI/HPC subsidiary. That combination can reset how the market values this one.

• ETH path: if ETH firms into year-end, we expect this stock to participate with equity beta after lagging on the recent dip.

How we’re positioning

We’re using a risk-reversal: selling a put under recent support to harvest high implied volatility, and using that premium to finance a farther-out call so upside stays uncapped into/through the November catalyst and beyond.

Why this structure

• Tiny outlay with premium working for us.

• Clear, pre-defined risk.

• Less than $500 risk per contract while keeping the asymmetric upside we want.

Today’s Top Names Trade