Trade Alert: Reloading On Credo

Bullish, defined-risk bets on our #1 name, AI infrastructure leader Credo Technology Group, and on a beaten-down housing-linked name with insider conviction.

Why We’re Re-Entering One Recent Winner…

Tuesday night’s Top Names list from Portfolio Armor featured a familiar face at #1 — a stock we just exited yesterday for a solid gain, Credo Technology Group (CRDO 0.00%↑):

• 4-leg combo on Credo Technology Group (CRDO 0.00%↑). Entered at a net debit of $2.97 on 8/15/2025; exited the put spread at a net debit of $0.20 on 9/8/2025 and exited the call spread at a net credit of $16.05 on 12/2/2025.

  Profit: 434% on premium outlay (159% on max risk).

That would normally make us cautious about jumping back in immediately.

But two things stood out:

1. It ranked #1 in spite of a ~10% gain on Tuesday. Portfolio Armor’s algorithm actually “prefers” post-earnings pullbacks because, all else equal, they increase forward return potential. This name maintained the top spot despite the pop, not because of it.

2. The setup here still aligns with our asymmetric-upside playbook. We’re using a slightly different structure this time, but the goal remains the same: harvest near-term IV, control downside, and maintain open-ended upside into spring.

…And Adding Another Convex Setup

We’re also adding another trade today—a hybrid structure on a small-cap housing-adjacent name that has been consolidating and also hit our top ten names last night. Last month, its CEO bought roughly $1 million worth of shares in the open market at a price ~15% higher than yesterday’s close. That doesn’t guarantee anything, but it’s meaningful alignment from someone with the best view of the business.

Details for both trades are below.

Today’s First Top Names Trade

(AI Infrastructure theme)