Trade Alert: Among The Wreckage
Bullish bets on two names from our Multibaggers list, one of which is down sharply today
Hunting in the Wreckage…
This week’s volatility has created opportunities at both extremes: one of our previous Multibaggers names cratered after earnings, and another surged on a report that supports its long-term bull case. We’re acting on both.
The first, Soleno Therapeutics (SLNO 0.00%↑) , dropped nearly 30% this morning following earnings—even though the accounts that were bullish before the report remain so. We’re using that sell-off to re-enter it with defined risk.
And in the Heat
The second, a small-cap energy-technology name that ripped more than 30% after confirming a major data-center power partnership, illustrates the other side of the coin. The same themes that have driven our AI Energy trades—natural-gas-fed turbines and boilers providing firm power for compute clusters—were front and center in its earnings call. It’s still under a $1 billion market cap, and the setup aligns perfectly with our Reindustrialization / Embodied AI / Energy framework.
Full details on both trades are below.
Today’s First Multibaggers Trade
Soleno Therapeutics (SLNO 0.00%↑)
Our trade is a combo consisting of these four legs:
Buying the $65 strike calls expiring on June 18th 2026,
Selling the $85 strike calls expiring on June 18th 2026,
Selling the $40 strike puts expiring on March 20th 2026, and
Buying the $35 strike puts expiring on March 20th 2026,
For a max net debit of $1.43.
The max gain on 1 contract is $1,857, the max loss is $643, and the break even is with SLNO at $43.39.
This trade filled at $1.20.
Second Multibaggers Trade
Babcock & Wilcox Enterprises (BW 0.00%↑).
Our trade is a risk-reversal consisting of these two legs:
Buying the $5 strike calls expiring on May 15th 2026, and
Selling the $2.50 strike puts expiring on May 15th 2026,
For a max net debit of $1.35.
The max gain on 2 contracts is uncapped, the max loss is $770, and the break even is with BW at $6.35.This trade hasn’t filled yet. I am keeping this trade open until 11/14/2025. This trade filled at $1.35 on 11/7/2025.
Exiting These Trades
My plan:
SLNO
Call spread (legs 1 & 2): Open a GTC limit order to exit at a net credit of $16, and lower that price if necessary as we approach expiration.
Put spread (legs 3 & 4): Open a GTC limit order to exit at a net debit of $0.20, and raise that price if necessary as we approach expiration.
BW (assuming our entry fills)
Calls (leg 1): Open a GTC limit order to sell half of the calls at $6.10. I’ll post a target for the remaining call(s) in the comments here ~30 days before expiration.
Short puts (leg 2): None. These will either get assigned or expire worthless.