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.
Out of the SLNO put spread today at a net debit of $4.88.
Out of half of the BW calls at $6.10 today.