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 Product.
Iris Energy (IREN 6.84%↑). Bought for $10.45 on 11/15/2024; sold (a quarter) at $51.47 on 10/3/2025. Profit: 392%
Options
Calls on Clearpoint Neuro (CLPT 19.34%↑). Bought for $5.10, as part of a 3-leg combo on 9/26/2025; sold (half) for $6.50 on 10/2/2025. Profit: 28%.
Put spread on Joby Aviation (JOBY -3.19%↓). Entered at a net credit of $1, as part of a 4-leg combo, on 8/11/2025; exited at a net debit of $0.20 on 10/3/2025. Profit: 80%.1
Put spread on Robinhood Markets (HOOD -1.91%↓). Entered at a net credit of $1.83, as part of a 4-leg combo, on 9/5/2025; exited at a net debit of $0.25 on 10/2/2025. Profit: 86%.2
Call spread on Centrus Energy (LEU 0.01%↑). Entered at a net debit of $3.12, as part of a 4-leg combo, on 8/13/2025; Exited at a net credit of $8 on 10/2/2025. Profit: 156%.
Call spread on Iris Energy (IREN 6.84%↑). Entered at a net debit of $2.14 on 7/24/2025; exited at a net credit of $8 on 10/3/2025; Profit: 274%.
Call spread on Tesla (TSLA -0.50%↓). Entered at a net debit of $2 on 11/4/2024; exited at a net credit of $8 on 9/29/2025. Profit: 300%.
On premium; profit on max risk (width of spread) was 40%.
On premium; profit on max risk was 50%.
Comments
Stocks and Exchange Traded Products
Iris Energy (IREN 6.84%↑). I bought this as part of our core strategy last November. Fortunately, I forgot to put a trailing stop on it, so I didn’t get stopped out when it dropped to $6 and change last spring.
Options
Clearpoint Neuro (CLPT 19.34%↑). We peeled off one of the Apr ’26 $25 strike calls at $6.50, which more than covers our original combo debit—so we’re now playing the rest from a position of strength. If CLPT holds this zone through November (or pushes higher), the near-dated put spread should decay quickly and come off cheaply, leaving us simply long an April call with uncapped upside and no near-term IV crush risk. That’s the setup we want: premium harvested up front, downside capped by the financed put spread, and a remaining call that compounds any follow-through in the name without forcing us to time a second catalyst window.
Our Top Names Every Day
As a reminder, our top ten names are posted for paid subscribers on this Substack weekly (usually, on Thursday nights), but they are available for our website and iPhone app subscribers daily. Joby Aviation (JOBY -3.19%↓), Robinhood Markets (HOOD -1.91%↓), Centrus Energy (LEU 0.01%↑), and Iris Energy (IREN 6.84%↑) were all Portfolio Armor top ten names when we entered their respective trades above.
