No fair value for CRWV today: only 1 of 4 models has usable inputs, and one model is a guess. A trailing loss of $1.9B leaves no earnings to multiply. Free cash flow of minus $13.7B leaves nothing for the cash-flow model or the DCF. Those are its own reported figures, not a gap in our data.
Prices as of 11:48 PM ET, Sep 21. Check the live quote before you send an order.
The put
Skip
Skip the put. It pays a lot because CRWV can drop a lot. Wait, or buy shares.
If it goes against you: you buy 100 shares at $84, which after the $722 you keep works out to $76.78 a share. Below $76.78 you are down on the trade. From that day the shares take above is the one that applies.
The order, if you sell it anyway
You get$722 (limit about $7.22)
If it fallsBuy 100 shares at $84
Cash to hold$8,400
Close earlyBuy back at about $2.89 ($289)
Chance you buy the sharesabout 40 in 100
ContractCRWV Oct 30 $84 put
ActionSell to open
In your broker app: open the stock → Trade → Options → Sell to open → pick the contract shown here.
Why skip
The put: Oct 30, $84 strike, 39 days out. Pays $722. Roughly a 40-in-100 chance you end up buying the shares.
On paper: 80% a year. That number assumes CRWV keeps moving like it did the past two years. Take that away and it is -35% a year. That is why we say skip.
Next earnings Nov 11, after this put ends. We never sell a put across a report.
If you already own 100 shares
Income call
For income on CRWV you already hold: sell the Oct 23 $115 call and take $118 now. If CRWV climbs to $115 by Oct 23, your 100 shares are sold at $115, so only do it if you're happy selling there.
If it climbs past $115 your 100 shares are sold at $115 and you keep the $118. That is the trade working, not a loss.