Exits, 1/30/2026
How we did on the trades we exited this week.
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
Short call on ClearPoint Neuro (CLPT 0.00%↑). Sold to open for $2.54 on 12/16/2025 as part of a 4-leg combo; bought to close for $2.20 on 1/26/2026. Profit: 13%.
Put spread on Viavi Solutions (VIAV 0.00%↑). Entered at a net credit of $0.65 on 1/9/2026 as part of a 3-leg combo; exited at a net debit of $0.16 on 1/28/2026. Profit: 75% (36% of max risk).
Put spread on InMode (INMD 0.00%↑). Entered for a net credit of $0.35 per contract, as part of a 4-leg hybrid combo on 12/9/2025; exited for a net debit of $0.08 on 1/26/2026. Profit: 77% (16% of max risk).
Put spread on Nokia (NOK 0.00%↑). Entered at a net credit of $0.23 on 1/21/2026 as part of a 3-leg combo; exited at a net debit of $0.05 on 1/30/2026. Profit: 78%.
Put spread on VF Corp. (VFC 0.00%↑). Entered at a net credit of $0.57 on 1/20/2026 as part of a 3-leg combo; exited at a net debit of $0.12 on 1/28/2026. Profit: 79% (23% of max risk).
Calls on Opendoor Technologies (OPEN 0.00%↑). Sold to open for $1.06 on 12/3/2025 as part of a 4-leg hybrid combo; bought to close for $0.20 on 1/30/2026. Profit: 81%.
Short calls on Joby Aviation (JOBY 0.00%↑). Sold for $1.23 on 12/16/2025 as part of a 4-leg combo; bought-to-close for $0.20 on 1/29/2026. Profit: 84%.
Risk-reversal on Digital Turbine (APPS 0.00%↑). Entered for a net debit of $0.19 per contract on 7/18/2025. The call expired worthless and the short put was assigned at $5 on 1/16/2026; sold the 100 assigned shares at $5.45 on 1/26/2026, closing the position for a net value of $0.45 per contract. Profit: 137% (5% of max risk).
Calls on Babcock & Wilcox Enterprises (BW 0.00%↑). Bought for $1.98, as part of a risk-reversal on 11/7/2025; sold half at $6.10 on 1/27/2026. Profit: 208%.
Calls on Silvercorp Metals (SVM 0.00%↑). Bought for $2.04 per contract on 12/10/2025 as part of a 3-leg combo; sold half for $6.90 on 1/26/2026. Profit: 238%.
3-leg combo on Freeport-McMoRan (FCX 0.00%↑). Entered at a net debit of $3.20 on 10/10/2025; exited the $45/$40 put spread at a net debit of $3.49 on 10/24/2025, sold the first half of the December 18th, 2026 $50 calls at $10.05 on 12/26/2025, and sold the second half of the December 18th, 2026 $50 calls at $22.00 on 1/29/2026. Profit: 292% (111% of max risk).
3-leg combo on Sibanye Stillwater (SBSW 0.00%↑). Entered for a net debit of $1.85 per contract on 10/20/2025. Exited the Nov 21, 2025 $10/$8 put spread for net debits of $0.15 on 10/29/2025 and $0.15 on 11/10/2025, and sold the Apr 17, 2026 $12 calls for $6.40 on 1/22/2026 and $8.70 on 1/26/2026, for a net value of $7.40 per contract. Profit: 300% (144% of max risk).
4-leg combo on Gold Fields (GFI 0.00%↑). Entered at a net debit of $1.15 on 10/28/2025; exited the March 20th, 2026 $35/$30 put spread at a net debit of $0.20 on 1/21/2026 and the April 17th, 2026 $40/$50 call spread at a net credit of $8.00 on 1/28/2026. Profit: 578% (108% of max risk).
Comments
Stocks or Exchange Traded Products
No exits this week, as I haven’t been doing our basic strategy, which involves buying stocks and ETFs, and have been focusing on options instead. Nevertheless, the performance of our system’s top names have nearly doubled that of the SPDR S&P 500 Trust (SPY 0.00%↑) since I started this Substack. Our most recent top names cohort to finish its 6-month run was the first to underperform SPY in 22 weeks, as I noted in last night’s Top Names post.
Options
Another excellent week. Just as last week our process got us out of our Intel (INTC 0.00%↑) trade for a profit before that stock tanked post-earnings, similarly, this week, our process got us out of positions in silver and other metals before today’s big flush, as I elaborated in the post below.