Exits, 3/13/2026
Trading through Epic Fury: 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
Put spread on Stevanato Group (STVN 0.00%↑). Entered at a net credit of $1.54 as part of a 3-leg combo on 2/12/2026; the short March $17.50 put was assigned, I sold the resulting shares at $15.20 on 3/13/2026, and I sold the long March $15 put for $0.57 on 3/13/2026. Loss: 20% of max risk (12% on premium collected). Signal: Multibaggers.
Put spread on Navitas Semiconductor (NVTS 0.00%↑). Entered at a net credit of $0.87 as part of a 3-leg combo on 12/8/2025; exited at a net debit of $0.20 on 3/11/2026. Profit: 77% (return on max risk: 59%). Signal: PA Top Names.
Put spread on Ecopetrol (EC 0.00%↑). Entered at a net credit of $0.24 as part of a 4-leg hybrid combo on 2/20/2026; exited at a net debit of $0.05 on 3/12/2026. Profit: 79% (return on max risk: 7%). Signal: Market Watchers.
Short call on Uranium Energy (UEC 0.00%↑). Sold-to-open for $0.64 as part of a 4-leg hybrid combo on 2/26/2026; bought-to-close for $0.10 on 3/13/2026. Profit: 84%. Sign.al: PA Top Names
Short call on Intuitive Machines (LUNR 0.00%↑). Sold-to-open for $1.36 as part of a 4-leg hybrid combo on 2/9/2026; bought-to-close for $0.20 on 3/13/2026. Profit: 85%. Signal: PA Top Names.
Short call on iShares Silver Trust (SLV 0.00%↑). Sold-to-open for $4.04 as part of a 4-leg hybrid combo on 2/2/2026; bought-to-close for $0.20 on 3/13/2026. Profit: 95%. Signal: PA Top Names.
Put spread on Ciena (CIEN 0.00%↑). Entered at a net credit of $3.82 as part of a 4-leg combo on 1/23/2026; exited at a net debit of $0.20 on 3/9/2026. Profit: 95% (return on max risk: 35%). Signal: PA Top Names.
Call spread on the CBOE Volatility Index (VIX). Entered at a net debit of $0.90 on 2/18/2026; exited at a net credit of $3.30 on 3/9/2026. Profit: 267%. Signal: Me, ChatGPT.
3-leg combo on ZIM Integrated Shipping (ZIM 0.00%↑). Entered for a net debit of $1.60 on 12/5/2025; exited the April $18/$13 put spread at a net debit of $0.20 on 1/12/2026; sold the two April $20 calls for $7.50 on 3/13/2026. Profit: 356% on premium outlay (return on max risk: 130%). Signal: Market Watchers.
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 more than doubled that of the SPDR S&P 500 Trust (SPY 1.32%↑) since I started this Substack, as I noted in last night’s Top Names post.
You can find the performance of all 142 weekly Top Names cohorts that have finished their 6-month runs here.
Options
This week’s exits show that our core approach is still working, even as the market continues to trade in the shadow of the Iran war. We had one partial loss, on Stevanato Group, and that one is worth noting because it came from a setup where we deliberately loosened our tighter entry rules—our RSI and Setup-score filters—because a Multibaggers account anticipated an imminent earnings beat. The company did in fact beat on both the top and bottom lines, but the stock drifted lower anyway. That’s a useful reminder that even when the underlying thesis is directionally right, tightening up our entries can still matter.
Beyond that, though, the balance this week was strong. Eight of our nine full or partial exits were profitable, including a 356% gain on premium on our ZIM combo, a 267% gain on our VIX hedge, and a series of high-percentage gains on short calls and put spreads in names like SLV, LUNR, UEC, CIEN, EC, and NVTS. Just as importantly, many of those gains came from the same kind of structures we’ve been using to navigate this more volatile tape: trades that harvest high near-term implied volatility to finance longer-dated upside while strictly defining risk. That doesn’t make every trade a winner, but it does continue to tilt the odds in our favor. We’ll keep looking for names from our best sources of alpha—including Portfolio Armor’s Top Names, our Market Watchers list, and our Multibaggers list—and we’ll keep structuring trades with the same goal: defining risk, harvesting volatility when we can, and staying positioned for upside when our core themes continue to play out.