I’ve always said that fundamentals, research & convictions matter, but beating the market comes down to execution. That’s what these write-ups will be about.
I will share through them every change in my active portfolio - stocks & options, reasonings & plans, before I even hit the buttons. I won’t update DCAs, I will only share my plans & new/closed positions in these write-ups. You can follow the rest directly on savvytrader.
https://savvytrader.com/wealthyreadingspro/active
I also recently opened a Buy & Hodl portfolio on which I will DCA $4,000 every month & focus on buying the best assets I can at the best possible price, 100% focused on fundamentals & valuation, without any active management.
https://savvytrader.com/wealthyreadingspro/buyandhodl
Keep in mind that both portfolios have completely different goals and I can behave very differently on both for the same name - accumulating in the buy & hodl while selling in the active portfolio for example. Different rules apply.
My goal is to deliver alpha over the long term, not just six months under easy market conditions. If/when proven this content is valuable, it will be shared behind a paywall. No rush, though; it’ll stay free until proven valuable.
So here’s the deal: you get full transparency on my trades, right when I make them. If - and only in that case, it brings real & long-term alpha, it’ll be accessible only for a fee. I believe that’s fair enough, but feel free to provide feedback!
Nothing shared here is financial advice; we are all responsible for ourselves.
Active Portfolio - No modifications.
Option Portfolio - Sold DVN Jan16'26 $37,5 Call and BTBT Jan16'26 $5 Call.
Accumulated TMDX Jan16'26 $150 Call.
Bought GRAB Jan16'26 $5 Call.
Devon Energy & Bit Digital Selling.
Those two transactions are mostly due to liquidity. I needed some for what I believe to be better positions.
Bit Digital was nothing but a speculative bet on Ethereum, with no real fundamentals. I could have closed the position on Friday & would have been up 20% or so but did not, which is alright considering how small the position was - and a great leveraged trade on Ethereum over the last weeks which paid good.
In Devon's case, I continue to believe that the fossil energy sector is undervalued & will yield returns, but as the conflict between Iran & Israel is over - until next month I guess, the hedge on energy speculation won’t happen & returns might take long to arrive. Might not. But it was the weakest of my positions & I really wanted to do both transactions below.
Grab Jan16'26 $5 Call Buy.
This most surprisingone, but price action is speaking. I shared yesterday on the weekly & on the Welcome write-up price action portion that Grab would be great if it were to give a red day after breaking its bearish trendline. It happened today, in part - we could have a bigger & clearer retest.
We are largely above my valuation target, which isn’t much of a concern for swings as those rely on price action & momentum more than valuation, but still. I consider Grab to be expensive here, but I also believe positive news could be coming our way, with price action giving us the hint.
If you recall, Grab raised $1.5B through convertible notes, not paying any coupon at a much higher convertible price than market price by then, a month ago.
The speculations were that Grab would acquire GoTo for its entire cash position or so. We had no news at all since, except a pretty positive price action although I could be entirely wrong and we could simply be bouncing on the horizontal resistance and go lower from there.
But I am ready to take the bet, and if this were to happen the entire valuation would need to be reviewed as GoTo is a really big actor in the region & would largely grow Grab’s revenues & growth - hence multiples.
So I put my money where my mouth is.
Transmedics Accumulation.
No surprises here. I posted a note to review the last months & my opinion on why the stock continues its way down, without worrying me.
I had a plan which I shared many times; accumulate shares below $130 & be more aggressive below $110 with both shares & calls. I’m just doing what I said I would.