Trade Alert: Top Names + Event Driven

Bullish trades on our #1 name from Friday and two event-driven names, plus a bearish bet against an Indian IT outsourcing firm that could be impacted by new Trump admin fees on H-1B visas.

Three Bullish And One Bearish Trade

We’re taking four shots today—one high-conviction name from our list, two event-driven bullish setups, and one policy-risk trade on the short side. In all cases we’re harvesting elevated implied volatility to keep downside defined while giving ourselves room to run. On two of these, our upside is uncapped.

1) TSLA (Tesla, Inc.) — our #1 Top Name on Friday.
Into October earnings, TSLA still screens well on our return/volatility work, and we see a potential sentiment tailwind after Donald Trump and Elon Musk were seen together at Charlie Kirk’s memorial service on Sunday—suggesting they’ve buried the hatchet. Better odds of policy alignment with Musk’s enterprises (including Tesla) don’t hurt. We’re using a defined-risk combo sized inside our standard risk box, with GTC exits set per the playbook.

2) Event-driven long #1 (uncapped upside).
This is a “sum-of-the-parts”/NAV gap story with a near-term catalyst: the next earnings print should begin to reflect contribution from a majority-owned affiliate, and the name carries beta to a recovering crypto tape. Structure: a six-month uncapped upside call financed by a narrow put spread—so we’re paid for the near-dated downside fear while keeping the top open.

3) Event-driven long #2 (uncapped upside).
Global shipper with November earnings. Channel checks point to a Q3 mix/price surprise after agile capacity shifts into stronger China lanes earlier this year; there’s also a whiff of governance pressure/activism that could compress the discount to intrinsic value. Structure: January upside call financed with a November put spread—again, uncapped on the top, defined cost on the bottom.

4) Policy-risk bearish trade.
U.S. IT services/outsourcing proxy vulnerable to headline risk around immigration/outsourcing policy (e.g., a steep proposed H-1B fee for new applications and talk of an “outsourcing” excise could pressure U.S. demand/margins). We’re expressing that with a bear put spread partly financed by a small bear call spread—a tidy, fully defined-risk way to be short without the stress of a runaway squeeze.

As always: we sized to our $500–$700 risk lane (exceptions noted in the paid section), entered with limits only, and set day-one GTC exits consistent with the playbook (put-spreads BTC ~$0.20–$0.25; spread take-profits ~80% of width; for the uncapped longs, first-half scales at ~1.8–2.0× the call fill, always under the live ATM straddle).

Today’s Top Names Trade