Recently I’ve been adding a lot of new positions to play both macro views and post-earnings drifts. Just a few days ago I picked up some Lyft, since I think the Waymo deal de-risked the story quite a bit. Before that I bought into Nebius Group. To be more precise, I took Nebius Group calls because I felt the Microsoft partnership safety wasn’t priced in and argued the stock would keep creeping higher. That turned out right. The position was up 36% from the execution memo I wrote just a week ago, entered at roughly 90 USD per share. I closed the calls with the stock sitting at 98 USD. My portfolio is now up 124% year-to-date and an incredible 3,150% since the start of last year.
Nebius
So now that I’ve exited Nebius Group once again with a quick 36% profit, I’m facing the same question as last time: what next? Buy options with longer expiry? Here’s my take. Yes, the stock probably still has upside if the hype continues, but it’s not cheap by any means. People on X are going crazy about it, and the thesis has shifted from “undervalued play” to “institutions are buying.” That’s worrying. For that reason I won’t be re-entering. I see better opportunities elsewhere.
Towards the Next Idea
One of my main positions alongside Haypp Group is Tempus AI,
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