Exits, 4/11/2025
How we did on the trades we exited this week.
Dids/Pexels
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
Puts on Apple ( AAPL -6.28%↓). Bought for $1.50 on 4/9/2025; sold (half) for $4 on 4/10/2025. Profit: 167%.
Puts on Nvidia (NVDA -6.09%↓). Bought for $1.56 on 4/9/2025; sold (half) for $4 on 4/10/2025. Profit: 156%.
Comments
Stocks
No exits this week, but since we started this Substack in December of 2022, our top names have averaged returns of 17.81% over the next six months, versus SPY’s average of 11.45%.
Options
Took advantage of the monster rally on Wednesday to add some short positions, and took profits on two of the positions on Thursday.
There are a few names I have in mind on the long side that could be worth a lot more a year from now. We’ll look to place bullish trades on them during the next crash day.
Limiting Your Downside Risk
If you are worried about further downside, as a reminder, you can download the Portfolio Armor optimal hedging app by aiming your iPhone camera at the QR code below (or by tapping here, if you're reading this on your phone). Our app can help you find the least expensive hedges given your risk tolerance and time frame.
