$Oklo Inc (OKLO.US)$shares climbed 28%, leading nuclear stocks higher, and sent options on the stock near the top of the list for the highest trading volume in the market on Monday. Seeking Alpha attributed the climb to a market reaction to a 60 Minutes TV segment featuring$Centrus Energy (LEU.US)$CEO Amir Vexler, who said the nuclear power industry supplies 20% of American power and relies on Russian Uranium. Uranium and nuclear stocks have radiated higher in the past year, as big tech competes for energy sources for AI data centers.
One contract stood out within Oklos options chain, perched at the 27th place in the market based on High Stock Options Volume. $25 calls expiring 11/15 saw 15.79k trading volume on Monday. The contract price climbed 210%, to $3.7/share for 100 shares at the time of writing.
Earlier this month,$Amazon (AMZN.US)$and$Alphabet-C (GOOG.US)$annouced seperate nuclear energy production plans to power cloud services and AI. Amazon signed a deal on October 16th to develop four small modular reactors with the firm Energy Northwest to generate 960Mw of electricity.
On Monday, October 14th, Google said it would construct similar reactors with Kairos Power in California to buy 500 Mw of power. Microsoft last month signed a deal to buy more than 800Mw of power from a new Unit 2 on Three Mile Island in PA.
Firms like Oklo have climbed impressively. Oklo jumped 295% since September, a retail trader's favorite after the firm went public in May, after attracting startup funders like Sam Altman from Open AI. The firm is one of many attempting to build small nuclear reactors in the U.S.
Vexler said the U.S. is cutting back on its reliance on Russian uranium, slowly weening off until 2028 due to war sanctions. To meet that demand, Vexler told 60 Minutes he wants to build 11,000 more centrifuges. The U.S. will need six to seven years of lead-up time to make enough enrichment centers before halting trade with Russia, he said.
Disclaimer: Options trading entails significant risk and is not appropriate for all customers. It is important that investors readCharacteristics and Risks of Standardized Optionsbefore engaging in any options trading strategies. Options transactions are often complex and may involve the potential of losing the entire investment in a relatively short period of time. Certain complex options strategies carry additional risk, including the potential for losses that may exceed the original investment amount. Supporting documentation for any claims, if applicable, will be furnished upon request. Moomoo does not guarantee favorable investment outcomes. The past performance of a security or financial product does not guarantee future results or returns. Customers should consider their investment objectives and risks carefully before investing in options. Because of the importance of tax considerations to all options transactions, the customer considering options should consult their tax advisor as to how taxes affect the outcome of each options strategy. All company analysis information is provided by third parties and not by Moomoo Financial Inc. Any illustrations, scenarios, or specific securities referenced herein are strictly for informational purposes and is not a recommendation. Past investment performance does not guarantee future results. Investing involves risk and the potential to lose principal. This content is also not a research report and is not intended to serve as the basis for any investment decision. The information contained in this article does not purport to be a complete description of the securities, markets, or developments referred to in this material. The information has been obtained from sources considered to be reliable, but we do not guarantee that the foregoing material is accurate or complete. Furthermore, there is no guarantee that any statements, estimates, price targets, opinions or forecasts provided herein will prove to be correct.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
🎙️Discussion: 1. How will tariff policies affect the movement of key assets such as U.S. stocks, gold, and Bitcoin? 2. Given this context, Show More
How will you adjust your portfolio under Trump's tariff impact?
55%45%
🚀Risk Assets
🛡️Safe-Haven Assets
1291 votes
Moo Live
Jan 23 08:54
MicroStrategy Q4 2024 earnings conference call
$Strategy (MSTR.US)$ MicroStrategy Q4 2024 earnings conference call is scheduled for February 5 at 5:00 PM ET /February 6 at 6:00 AM SGT /February 6 9:00 AM AEST.Subscribe to join the live earnings conference with management NOW! Beat or Miss? What do you expect from MicroStrategy' Q4 earnings? Will the company beat or miss the estimates? Make sure to click the "Book" button to get what managements have to say! Disclaimer: This presentation is ...
Monetary Policy: Navigating the Fed's Rate Cut Cycle
Changing Fed policy is altering the market math for investors.
104247826 :![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)