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FLR

Ssupersededepcrecommended 2026-05-04 · source §14.3

Research-mode rules

Research statusconsidering
Analysis batch2026-05-04-launch

Instrument & sizing

Instrument typeleaps_call
Strike$65
Expiration2027-01-15
Polygon symbolO:FLR270115C00065000
Recommended quantity10.417
Recommended dollar amount$5,000
Recommended entry price$4.80
Spot at recommendation$52.49
OTM%25.0%
IV at recommendation0.48
Delta at recommendation0.39

Thesis summary

Fluor: $25.5B backlog (81% reimbursable). TeraWulf $3-4B Kentucky data-center deal verified. 88 tweets/day rising. IV 0.48 — among cleanest convexity in the universe.

Linked predictions (2)

PredictionRoleP (current)P (prior)WindowStatus
Mega-cap hyperscalers will commit over $1 trillion of capital expenditures in the 2025-2026 period alone, with roughly half financed via debt — intertwining AI buildout risk with global credit markets.
INF_011 · Macro/Economy
primary_thesis0.9230.8802026-12-31in_progress
Equinix has 56 planned data-center projects including 13 xScale developments designed for high-density power-hungry AI workloads — slated to be fully operational by 2026.
INF_034 · Real Estate
supporting0.5390.8002026-12-31in_progress

Upcoming catalysts (1 of 1)

DateTypeDescriptionExpected impactStatus
2027-01-15expirationFLR option expirationvolatility_onlyupcoming

Update history (1)

Most recent first.
Updated atTypeSourceDrift / shift
2026-05-05 22:11Zprice_refreshcronspot +1.0%thesis Δ-3.4pp

Actions

Recommendation is superseded; further actions handled via the position detail page.

Status: superseded