Core Insights - NuScale Power is on the verge of becoming the first company to successfully bring small modular nuclear reactors to market after 17 years of development [1][4] Group 1: Company Milestones - NuScale Power's market capitalization is currently at $10 billion, with potential for significant growth in the next 17 years [2] - The company received certification from the Nuclear Regulatory Commission for its 50 MW unit in 2023 and a larger 77 MW version in May 2025, marking a significant milestone in its operational timeline [3] - Production of 12 modular units has commenced, which is sufficient to fulfill a first order, with management aiming to secure a deal by the end of the year [3][4] Group 2: Competitive Landscape - The competition includes companies like Oklo, Westinghouse, and GE Vernova, each with different reactor designs and strategies [6][7] - NuScale focuses on civilian-grade commercial power generation, while Oklo is developing a compact liquid-metal fast reactor, which offers sustainability advantages [7][8] - NuScale's early certification and production capabilities provide a structural advantage over competitors, who may take years to achieve similar milestones [9] Group 3: Market Adoption - The adoption of small modular nuclear reactors will depend on which industries find the most utility in these technologies [10] - If ultra-compact reactors are favored for remote sites, Oklo may lead, but if electric utilities or data centers adopt SMRs, NuScale and Westinghouse could benefit [11] - The expected rise in demand for artificial intelligence and clean energy solutions suggests a strong market for NuScale's products over the next 17 years [12]

Industry Trend - The U S military is significantly advancing modern nuclear power with a program to deploy small reactors on Army bases [1]

Nuclear Energy Deals - Deep Fission has secured early deals for 12.5 gigawatts of nuclear power [1] - This capacity is approximately equivalent to a dozen nuclear reactors [1]

Core Viewpoint - NuScale Power Corp. (SMR) has seen a significant increase in call options volume following a Craig-Hallum report that maintained a Buy rating on SMR stock, leading to an 11.8% rise in stock price, reaching a 52-week high [1][3]. Options Activity - A notable volume of over 27,000 call options expiring on October 24 at a $55.00 strike price has been traded, indicating bullish sentiment as buyers anticipate a potential rise to $59.30, representing a +15.7% increase from the current price [3]. - Other out-of-the-money (OTM) calls and puts have also been traded, albeit with lower volumes compared to the recent surge [4]. Investment Strategies - Short OTM calls present attractive yields, with a covered call strategy yielding over 6.7% for a 9-day period. An investor buying 100 shares at $5,292 can sell a covered call for $3.55, leading to a potential total return of +10.64% over 9 days [6]. - The breakeven point for this strategy is lowered to $49.37, providing some downside protection against price declines [6]. Defensive Moves - Popularity of OTM puts with a $50 strike price expiring on December 19, 2025, suggests that some call option buyers may be seeking downside protection [7]. - However, these puts are more expensive than the near-term calls, resulting in a cash outlay of nearly $600 when combined with shorting the 9-day calls [8].

Core Viewpoint - Nuclear power stocks experienced a significant surge following the announcement of a major U.S. military initiative to deploy small modular reactors at Army bases across the country to address energy demands [1] Group 1: Stock Performance - NuScale Power (SMR.US) rose over 12% [1] - Centrus Energy (LEU.US) increased by more than 8% [1] - Oklo Inc (OKLO.US) gained nearly 8% [1] - Uranium Energy (UEC.US) saw an increase of over 6% [1] Group 2: Military Initiative - The U.S. military announced a plan to deploy small modular reactors at Army bases to tackle energy shortages [1] - The initiative, named "Janus," aims to equip bases with micro-reactors by 2028 [1] - These micro-reactors will have a power output of less than 20 megawatts, sufficient to meet the energy needs of a small town [1] - Despite their lower output compared to large reactors, micro-reactors are compact and can be transported via container ships or aircraft [1]

Core Viewpoint - Nuclear power stocks experienced a significant surge, driven by the U.S. military's announcement of a major plan to deploy small modular reactors at Army bases across the country to address energy demands [1] Group 1: Stock Performance - NuScale Power (SMR.US) rose over 12% [1] - Centrus Energy (LEU.US) increased by more than 8% [1] - Oklo Inc (OKLO.US) gained nearly 8% [1] - Uranium Energy (UEC.US) saw an increase of over 6% [1] Group 2: Military Initiative - The U.S. military announced the "Janus" plan to deploy micro-reactors at Army bases by 2028 [1] - The micro-reactors will have a power output of less than 20 megawatts, sufficient to meet the energy needs of a small town [1] - These micro-reactors are compact and can be transported via container ships or aircraft [1]

Core Insights - The increasing demand for electricity, particularly driven by AI investments, highlights the potential role of nuclear power in providing reliable and carbon-free energy [1] - The U.S. military's announcement to deploy a commercial microreactor within three years aligns with a broader push for nuclear power infrastructure [2][3] - Microreactors are seen as a key innovation in nuclear technology, with bipartisan support for nuclear energy from both the Biden and Trump administrations [4] Group 1: Military Initiatives - The U.S. Army is spearheading efforts to integrate innovative technologies, including nuclear power, by reducing bureaucratic obstacles [3] - The Air Force has contracted with Radiant Nuclear for a microreactor, which is establishing a production facility in Tennessee [3] Group 2: Nuclear Power Landscape - Microreactors are smaller and more scalable, making them suitable for diverse energy needs, potentially transforming the nuclear energy supply chain [4] - Government support for microreactor production could drive innovation in the nuclear power supply chain, presenting investment opportunities [4] Group 3: Investment Opportunities - The Range Nuclear Renaissance Index ETF (NUKZ) offers exposure to companies across the nuclear power supply chain, including power generation [4] - As demand for nuclear energy continues to rise, the sector may present appealing investment opportunities for stakeholders [4]

Core Points - Centrus Energy Corp. will hold its quarterly conference call on November 6, 2025, at 8:30 a.m. ET to discuss its third quarter earnings report for 2025, which will be released on November 5, 2025, after market close [1][2] Company Overview - Centrus Energy is a supplier of nuclear fuel and services for the nuclear power industry, contributing to the demand for clean, affordable, carbon-free energy since 1998 [3] - The company has provided over 1,850 reactor years of fuel, equivalent to more than 7 billion tons of coal [3] - Centrus is focused on producing High-Assay, Low-Enriched Uranium and aims to restore America's uranium enrichment capabilities to meet clean energy and national security needs [3]

Core Insights - The company recently completed its SPAC merger and is now trading under the ticker NKLR, focusing on the clean energy sector and its role in nuclear technology [1][2] Company Overview - Founded in 2018, the company aims to design a nuclear reactor prioritizing safety and public perception, addressing concerns about nuclear accidents [3] - The reactor design is intended to prevent meltdowns and explosions, with a focus on factory production to reduce costs and construction time [4] Market Position and Strategy - The company raised $130 million prior to its public listing and has achieved a market capitalization of $1.1 billion as of October 10th [7] - The current favorable market conditions for nuclear energy, driven by technological advancements and government support, have positioned the company well for growth [6][14] Technology and Differentiation - The reactor design is unique, with components that have been used in the nuclear industry for over 60 years, allowing for a faster commercialization timeline [10] - The company plans to build up to 400 reactors by 2028, leveraging an existing supply chain to minimize construction risks [12] Regulatory Environment - The company is benefiting from a more favorable regulatory environment, with reduced review times for licensing from the US Nuclear Regulatory Commission (NRC) [15][19] - The company plans to apply for an operating license in the first quarter of next year, which is atypical as most focus on construction permits [19] Future Outlook - The company is exploring federal opportunities with the Department of Defense (DoD) and the Department of Energy (DOE) for commercialization, as its technology is ready for deployment [16][18] - The anticipated reduction in licensing review times from 18 to 12 months will further accelerate the path to commercialization [19]

Group 1 - Jim Cramer has discussed Oklo Inc. (NYSE:OKLO) multiple times this year, initially expressing skepticism but later advising viewers to avoid the stock, labeling it as "a dog" [2][3] - Cramer believes that the recent increase in Oklo's share price is driven by traders acting out of spite against him, suggesting a speculative trading environment [3] - The company is identified as a nuclear power plant developer, which places it within a niche sector of the energy industry [2] Group 2 - There is a belief that while Oklo has potential as an investment, other AI stocks may offer better returns with lower risk, indicating a competitive landscape for investment opportunities [4]