I plan to drop 5 digits into either CORZ or IREN. I also plan to sell weekly covered calls against my position. WIth that said, CORZ has higher IV currently on their options and the premiums pay better.
However, IREN I think has a higher upside potential. Currently they track BTC, but if they announce a deal (which could be in 2028 for all anyone knows), their 'top' IMO would be much higher than CORZ. The downside is their premiums really suck compared to CORZ.
Short term, the Coreweave IPO could benefit CORZ too possibly. But could also hurt it?
Thoughts?