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
Risk-reversal on Bit Digital (BTBT -1.95%↓). Entered at a net debit of $0.22, on 8/8/2025; both legs expired worthless on 9/5/2025. Loss: -8%.
Put spread on Up Fintech Holding (TIGR -6.78%↓). Entered at a net credit of $0.93 as part of a 4-leg combo on 8/20/2025; exited at a net debit of $0.25 on 9/5/2025. Profit: 73%.1
On premium; return on capital risked was 27%.
Comments
Stocks or Exchange Traded Products
No exits this week, but the performance of our system’s top names remains strong, as you can see here.
Options
Our second exit exemplifies our new emphasis on harvesting high implied volatility. Now we’re still long the $10 strike calls on Up Fintech Holding (TIGR -6.78%↓) going out to January that we bought as part of this combo, and instead of owning them at $1.98 per contract, we own them at $1.30 after our profit from our put spread legs. So, our net cost is lower, as is our break even ($11.30 in this case—TIGR closed at $12.29 today). Over time, this ought to increase our win rate and profits on options trades.