Exits, 7/2/2026
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 a spreadsheet. These are the trades I exited this week.
Stocks or Exchange Traded Products
None.
Options
3-leg combo on Eos Energy Enterprises (EOSE 0.00%↑). Entered at a net debit of $2.70 on 11/10/2025; the March 20, 2026 $18/$14 put spread was assigned/exercised on 2/27/2026 for a net debit of $4.00; sold the July 17, 2026 $25 calls for $0.01 on 7/1/2026. Loss: 100% of max risk (248% on premium outlay). Signal: Multibaggers.
Call on Planet Labs (PL 0.00%↑). Bought for $7.54 as part of a 4-leg hybrid combo on 4/27/2026; sold for $1.25 on 6/30/2026. Loss: 83%. Signal: Top Names.
3-leg combo on Omada Health (OMDA 0.00%↑). Entered at a net debit of $1.60 on 1/16/2026; exited the March 20, 2026 $17.50/$15 put spread at a net debit of $2.43 on 3/20/2026; sold the July 17, 2026 $17.50 calls for $4.70 on 7/1/2026. Profit: 42% (return on max risk: 16%). Signal: Multibaggers.
Short calls on Digi Power X (DGXX 0.00%↑). Sold-to-open the September 18, 2026 $15 calls for $1.23 as part of a 4-leg hybrid combo on 6/3/2026; bought-to-close those calls for $0.20 on 6/29/2026. Profit: 84% on premium collected. Signal: Market Watchers.
Short calls on Babcock & Wilcox Enterprises (BW 0.00%↑). Sold-to-open the August 21, 2026 $25 calls for $1.40 as part of a 4-leg hybrid combo on 5/5/2026; bought-to-close those calls for $0.20 on 7/1/2026. Profit: 86% on premium collected. Signal: Top Names.
Short call on Almonty Industries (ALM 0.00%↑). Sold-to-open the August 21, 2026 $30 call for $1.52 as part of a 4-leg hybrid combo on 6/3/2026; bought-to-close that call for $0.20 on 7/2/2026. Profit: 87% on premium collected. Signal: Market Watchers.
Short call on Himax Technologies (HIMX 0.00%↑). Sold-to-open the September 18, 2026 $32 call for $1.92 as part of a 4-leg hybrid combo on 6/9/2026; bought-to-close that call for $0.20 on 7/2/2026. Profit: 90% on premium collected. Signal: Market Watchers.
3-leg combo on Silvercorp Metals (SVM 0.00%↑). Entered at a net debit of $1.35 on 12/10/2025; exited the April 17, 2026 $7.50/$5 put spread at a net debit of $0.15 on 1/20/2026; sold half of the July 17, 2026 $7.50 calls for $6.90 on 1/26/2026 and sold the remaining half for $0.02 on 6/29/2026. Profit: 145% (return on max risk: 51%). Signal: Chartmill 7777.
Calls on BlackBerry (BB 0.00%↑). Bought for $1.16 as part of a 3-leg combo on 5/20/2026; sold one-quarter for $6.20 on 6/29/2026. Profit: 434%. 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 over the next six months continues to be strong, as you can see below, with the 6-month performance of our top names from New Year’s Eve of last year.
Options
Cleanup And Premium Harvesting
This week’s options list starts with two losses because we list exits from worst to best. The full set was solid: 9 options exits, 7 profitable, and several positions improved by buying back short calls that had done their job.
The Eos Energy loss is a useful process marker. We opened that trade in early November, before applying our current Relative Strength Index + Chartmill setup rating checks to filter out overextended names. Under the process we use now, a name that stretched likely wouldn’t have made it through those screens.
The Planet Labs Context
Although we took a loss on the Planet Labs call leg, this trade may still end up modestly profitable. We bought the July $35 call for $7.54 as part of a 4-leg hybrid combo and sold it this week for $1.25. We had already bought-to-close the short June $40 call for $0.20, and if we can buy back the July $30/$25 put spread for $0.20 before expiration, the full trade will close for a small net profit.
That’s why we track the legs carefully. The long call leg tells only part of the story in a multi-leg trade.
Short Calls Bought Back
Four of this week’s exits were short-call buybacks: Digi Power X, Babcock & Wilcox, Almonty Industries, and Himax Technologies.
In each case, we sold the short call as part of a 4-leg hybrid combo, then bought it back for $0.20 after collecting most of the original premium. Those exits produced profits of 84%, 86%, 87%, and 90% on premium collected.
Buying back the short calls leaves us with uncapped upside potential if the stocks rebound.
July OpEx Review
Some of this week’s cleanup flowed from the July 2026 OpEx Review.
The review gave us a structured way to revisit trades with July-expiring legs before expiration week. That process pulled several decisions forward and kept the standing orders aligned with the current setup.
Full Combos And Call Exits
The Omada Health combo was another process marker. At the time, we were using shorter-dated put financing (in part, to free up dry powder sooner), but a drawback of that is those shorter-dated put legs are more vulnerable to a near-term pullback. We ended up with a 42% profit on premium outlay on this trade, as the stock hit new highs before our long calls expired, but if we had used longer-dated put financing, we would have made more money on this trade.
Silvercorp Metals was another profitable full-combo exit. We sold half of the July $7.50 calls in January for $6.90, which more than paid for the trade and locked in a strong profit. We kept the other half as a runner, in the event silver climbed higher, but it did the opposite. So we cleaned up the remaining calls this week for $0.02. The full combo returned 145% on premium outlay.
BlackBerry was the strongest call-side exit this week. We sold one-quarter of the calls for a 434% gain after buying them for $1.16 as part of a 3-leg combo.
This week had cleanup, one legacy-process loss, one call-leg loss that may still leave the full combo profitable, several mechanical short-call buybacks, and a few strong call-side winners. That mix fits the way we trade: define the risk at entry, harvest premium when it decays, and keep enough upside open for the names that keep working.