Exits, 6/27/2025
How we did on the trade we exited this week.
Dids/Pexels
This Week’s Trade Exit
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
Calls on Hims & Hers Health (HIMS 6.18%↑). Bought for $1.50 on 6/24/2025; sold for $1.74 on 6/26/2025. Profit: 16%.
Comments
Stocks or Exchange Traded Products
No exits this week, as I haven’t gotten back into our core strategy yet (probably will next week), but since I started this Substack in December of 2022, our top names have averaged returns of 16.45% over the next six months, versus SPY’s average of 9.4%.
Options
One short-term trade approach that has worked in the past is buying weekly calls on Portfolio Armor top ten names after a big drop. We did that with Hims & Hers Health (HIMS 6.18%↑) this week (buying the $44 strike calls expiring today), but I sold too soon. HIMS closed at $49.41 today. At that price, those $44 strike calls had an intrinsic value of $5.41. Since I bought those calls for $1.50, that would have been a 260% gain on those calls had I sold just before today’s close. Hopefully, most Portfolio Armor subscribers sold their calls today, and got returns closer to 260% than 16%
Our Top Names Everyday
As a reminder, you can find Portfolio Armor’s top ten names daily on the Portfolio Armor iPhone app (or website). You can also use either one to scan for optimal hedges based on your risk tolerance and time frame.
