This Week’s Trade Exits

As soon as I exit a trade, I note that in the comments of the post where I first mentioned the trade; at the end of the week, I try to track them all in one post. Starting in July, 2024, I have also been tracking them in this spreadsheet. These are the trades I exited this week.

Stocks or Exchange Traded Products

None

Options

1. Calls on Delta Air Lines (DAL 1.13%↑). Bought for $1.70 on 2/21/2025; sold for $2.02 on 2/26/2025. Profit: 19%.

2. Calls on Up Fintech Holding (TIGR 9.51%↑). Bought for $0.39 on 2/24/2025; sold for $0.82 on 2/26/2025. Profit: 110%.

3. Calls on Robinhood Markets (HOOD 4.26%↑). Bought for $1.43 on 2/25/2025; sold (half) for $3 on 2/26/2025. Profit: 110%.

4. Calls on Oklo (OKLO 8.48%↑). Bought for $1.40 on 2/25/2025; sold (half) for $3 on 2/26/2025. Profit: 114%.

5. Call spread on Nvidia (NVDA 2.52%↑). Entered at a net credit of $0.76 on 1/29/2025; exited at a net debit of $0.19 on 2/27/2025. Profit: 238%.

Comments

No exits this week, but our core strategy of buying our top ten names, putting trailing stops of 15% to 20% on them, and replacing them with current top names when we get stopped out, continues to perform well, driven by the performance of our top names.

So far, we have 6-month returns for 87 top names cohorts since we started this Substack at the end of December, 2022, and our top names have averaged returns of 19.55% over the next six months, versus SPY’s average of 12.45%.

You can see how each of the top 10 names cohorts have done since I launched this Substack at the end of 2022 here.

Options

Trades 1-4 were bullish bets based on the same strategy: buying short-dated, at-the-money or slightly out-of-the-money calls on Portfolio Armor top ten names from the night before after a market drop.

Trade 5 was a bearish bet on Nvidia described here.

Overall, an excellent week, with profits on 5 out of 5 exits.

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If you'd like to stay in touch

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