Trade Alert: Top Names
A bullish options bet on our #1 name.
Alpha In Our Top Names
Our weekly top ten names from six months ago crushed the market.
We have 6-month returns for 101 weekly top names cohorts since December of 2022, and on average, they have outperformed SPY 0.00%↑ significantly over the next six months: 16.75% versus 9.77% for SPY.
Our core strategy is to buy shares of our top names, put trailing stops of ~20% on them, and replace them with new top names when we get stopped out. But we can get a shot at higher returns with options trades on our top names. That’s what what we’re aiming for today. The best case scenario for our trade today is a ~300% gain by mid-August; the worst case scenario is a 100% loss. Heads we win 3x, tails we lose x.
Details below.
Today’s Top Names Trade
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