EVIDENCE DESK

Leopold Aschenbrenner Options Position Simulator

PRESETS:
Market Context & Legs TECH / $185.50
Contract Structure
Source Grounding: In early September 2026, social commentary and market filings reported former OpenAI researcher Leopold Aschenbrenner acquiring aggressive out-of-the-money call positions in leading frontier AI infrastructure. This model calculates the exact capital requirements, asymmetric payoff surface, and zero-sum breakeven dynamics of high-beta AI cluster exposure.
Options Risk & Payoff Map ● COMPUTATION READY
Primary Break-Even
$193.17
Max Risk / Loss
-$38,750
Max Potential Profit
Unlimited
Implied Leverage
14.8x
SIMULATE SPOT AT EXPIRATION: $185.50 -$38,750

Options Payoff & Leverage Mechanics

Read the explanation

In multi-leg call structures, out-of-the-money purchases require a total upfront cash premium, setting the absolute maximum potential loss. Below the strike thresholds, every contract expires worthless. Once spot passes the combined strikes, intrinsic value accumulates and scales with aggregate contract size. Dragging the expiration spot scrubber tests price outcomes. When the underlying rallies into the money, high contract volume converts controlled notional into convex exponential gains.

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