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.
And before we start, a friendly reminder that you’ll find 15% off for any subscriptions to Fiscal.AI using my referral link - if interested.
https://fiscal.ai/?via=wealthyreadings
Active Portfolio - Continuous accumulation of BMNR & Ethereum. I will continue to trim SE if necessary to build those two positions.
Options portfolio. Closed the RBRK trade for a small profit.
Details below.
Before we begin, I want to be clear: what I’m sharing is directed mainly toward swing traders, those with leveraged or higher-risk positions. Long-term investors don’t need to concern themselves with a few weeks or months of volatility. Your focus should remain on fundamentals and accumulation.
This is not a call for a crash or a bear market. I’m writing about how I’m managing the aggressive part of my portfolio, including options, which can lose value quickly if not monitored during a downtrend. Gotta be risk averse with those tools.
So if you are here for long-term investing, there are no reasons to worry. I’ve said for months that keeping cash aside seemed to be a great idea, and if you did so, you might have great accumulation opportunities in the coming weeks. If not… Hopefully you did not burn your capital in speculation.
For swing traders, the message is similar: no need to panic, but we do need to take precautions - protect capital and keep powder ready to buy that potential dip.
When it comes to margins or options: better safe than sorry.
Breather Oriented Data.
You’ve heard me talk about this breather for a long time but we might finally be there, especially with these new tensions between the U.S. and Russia that spiked out of nowhere and could fuel a bearish narrative with more uncertainty. Although it’ll probably lead to nothing as usual.
Aside from that noise - which I won’t comment on beyond saying it brings fear and uncertainty, we already had plenty of short-term bearish data, and more has come since the last time we dug into this topic.
The S&P 500 expanded more than 6% above its weekly 21EMA. It broke its uptrend for the second time since Setptember. The difference is that we had a massive buying session then, while today is getting strength but not there yet.
Those are some clear signs of weakness, though holding the daily EMA would be a great sign.
We have risk-asset signals: Bitcoin and Ethereum crashed based on equities’ standards with Bitcoin down 3.6% and Ethereum 7.8% today, much more this last week. I already shared my plan for Ethereum in Tuesday write-up, and stand by it, nothing surprising in how things played out.
I still have room to double my Ethereum and proxy positions, just waiting patiently for a local bottom.
Gold and other precious metals also show signs of strength, breaking out weeks ago and still climbing. Not a great sign for risk assets.
And if you want signs of overheating: social media is flooded with YTD performance brags, absurd price targets and newcomers spamming “all-in” on whatever meme stock is pumping. I’ve been vocal against this same rhetoric on Nebius lately. Some clear indication of “never-ending uptrend” mindsets.
That’s why I’m reducing leverage and raising more cash in my options portfolio.
Portfolio Modification.
Once again: This is about risk management & aggressive positions. I am not touching my long-term portfolio. These changes are in my options portfolio, which is much more aggressive and requires tighter risk control.
Today I sit on 21% cash across my total portfolio and no margin, giving me more than enough powder, since I can leverage my options account up to 25%, pushing my total liquidity above 30% to buy that dip if it comes.
I shared my favorite plays in Tuesday’s write-up and stand by them: Ethereum and China. And I’ll hold my actual positions through a downtrend if necessary.
As usual, the important thing is to have a plan.
Rubrik Option Calls.
I closed this position entirely. Not because I don’t believe in it, but because I prefer to have cash rather than another leveraged position if we are at the start of a downtrend. There’s no way to know but again: bettersafe than sorry. Option calls can lose value really, really fast, and I want to preserve capital.
This is the only modification I’m making, and the only position I don’t want to be in at the moment. I’m holding the rest with confidence.
Transmedics CSPs.
I also sold some puts on TransMedics today, Jan16’26 $95 strike. I remain bullish on the name. September data could be more bullish but is more than healthy with a flight reacceleration and I don’t see the stock trading at that price by January.
I might be wrong, and if so I’ll gladly buy those shares at $88, assuming fundamentals remain strong, which the Italy expansion seems to confirm.
I’ll sell more if we continue to trend lower but won’t lock too much cash on this as I’d rather accumulate Ethereum proxies going into Q4.
What Now?
The S&P 500 can still hold its EMA21 and do another September like deviation, going higher once again. If so, I am in with correct positions and won’t change it.
The crypto market is giving the direction of the next weeks imo - except if we were to have a god candle in Bitcoin & Ethereum tomorrow reclaiming today’s downtrend, and as Ethereum & proxies are my #1 priority going into Q4, I will continue to slowly accumulate them now that others are getting liquidated. It might take weeks to come back up but I’ll be there once it does.
My aggressive-focused liquidity will go towards that trade. My long term liquidity will go towards the best assets to buy at the moment as usual.
I’ll stick with my plan. That’s how you win, both long term and short term: with a clear plan keeping your emotions in check.