Exits, 2/7/2025

How we did on the trades we exited this week.

Dids/Pexels

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. Call on Zscaler (ZS 0.00%↑). Bought for $1 on 1/29/2025; sold for $0.07 on 2/6/2025. Loss: 93%.

2. Call spread on Fox Corp Class A (FOXA 0.00%↑). Entered at a net debit of $0.30 on 1/24/2025; exited at a net credit of $0.94 on 2/4/2025. Profit: 213%.

3. Calls on Peloton Interactive ( PTON 18.81%↑). Bought for $1 on 9/17/2024; sold for $3.35 on 2/6/2025. Profit: 335%.

Comments

Stocks or Exchange Traded Products

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.

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

Options

Trade #1 was from the momentum options trader on my X Market Watchers List I mentioned last week, the one whose pinned post includes this picture of his watch.

I have since removed him from the Market Watchers list.

Trade #2 was one of our top ten names when we opened it.

Trade #3 was my idea, but a week after we opened the trade last September, Peloton also appeared in Portfolio Armor’s top ten names. We sold the first half of our calls in October for a 250% gain, and then the second half this week, for a 335% gain. Not bad.

Incidentally, if you want to try Peloton, you can click on the image below for a $100 discount.

Limiting Your Downside Risk

If you want to add some downside protection here, you can download the Portfolio Armor optimal hedging app by aiming your iPhone camera at the QR code below (or by tapping here, if you're reading this on your phone).

Our Top Names Every Day

Although I post Portfolio Armor’s once per week here, they’re available daily on the Portfolio Armor website and iPhone app (as an in-app subscription).