The Portfolio Armor Substack

The Portfolio Armor Substack

Trade Alert: Adjustment, 7/13/2026

Adjusting one of today's trades.

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Portfolio Armor
Jul 13, 2026
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We’re adjusting a trade from this trade alert:

Trade Alert: Tools Of The Trade

Portfolio Armor
·
12:05 PM
Trade Alert: Tools Of The Trade

Winners That Come Back

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Our TWST order from this morning’s alert hasn’t filled, and the reason is instructive: since Friday’s close, January TWST option premiums have gotten more expensive while October premiums have gotten cheaper—so our structure, which buys January and sells October, repriced against us even though the stock ha…

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