Bullish LEAP call strategy on CoreWeave

You could buy 100 shares of $CRWV right now for $6,077. Or you could buy the $50 call LEAP expiring January 2028 for $2,665. Leveraged exposure to the same 100 shares. ~56% less capital. Over 435 days of runway. Strike: $50 Expiration: January 21, 2028 Premium: ~$26.65 ($2,665 per contract) Breakeven: $76.65 At expiration: If $CRWV hits $100, this LEAP returns ~88% If $CRWV hits $120, this LEAP returns ~163% If $CRWV hits $140, this LEAP returns ~238% 100 shares at $140 would return ~130%. Why I like the setup: - Revenue grew 168% to $3.66B last quarter, ahead of the $3.55B estimate, and adjusted operating income rose to $379M from $217M a year ago - Revenue backlog hit $132.5B, up from $104B at the end of June - Management raised 2026 revenue guidance to $13.0B to $13.3B and expects to exit the year at a $20B to $21B annual run rate - CoreWeave says it is largely sold out of capacity through next year, with about 10x as much demand as it can supply - It expects about $9B in customer prepayments and deposits over the next three months - The stock jumped 24% today after earnings and still sits 56% below its 52-week high of $138.25 - 436 days of runway covers four more earnings reports The max you can lose on a LEAP is the entire premium you paid. In this case, that's $2,665 per contract. LEAPs are leveraged and can lose value quickly if the stock drops or stays flat. Only size this so you're comfortable losing all of it. Note: LEAPs are one tool inside a broader portfolio. Owning shares is always the primary use of capital. This is a selective add-on for high-conviction moments when conditions align. NFA DYOR