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Silver is breaking out, commodities are gaining ground, and we’re putting new capital to work in the Supercycle.
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Today's trade is in a mental health biotech company focused on developing psychedelic-assisted therapies — primarily a synthetic form of psilocybin called COMP360 — for difficult-to-treat psychiatric conditions.

I believe in this company's...

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From the Desk of Steve Strazza @Sstrazza.

Welcome back to Under the Hood, where we'll cover all the...

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Here are the names that are stepping into the earnings spotlight this week.

Editor's note: With most of the S&P 500 earnings reports behind us, what has stood out to you so far this earnings season? 

Write us at [email protected]...

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Every weekend I dig through the names that experienced the most interesting unusual options activity. 

We’re looking for trades that stood out, whether it was large in size or a very aggressive strike selection.

...
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Software strikes back

Welcome back for another Top Down Trade of the Week.

This is a classic leadership scan.

We start with the best sectors, then drill into the subgroups. We pick one, and then take a look at...

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Photonics in hyperdrive, security software starting to move

This note highlights a select group of stocks showing the most unusual — and highly directional — options activity.

The goal is simple: follow the big money and trade in the direction of the underlying...

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Steve Strazza
The setup is clean, and the upside potential is massive.

If you study markets long enough, you'll find that price almost always leads the news.

Someone, somewhere, tends to know something before the masses. 

And right now, Silver is a great example of this.

After several months of...

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From the desk of Steve Strazza @Sstrazza

Our International Hall of Famers list is composed of the 100 largest US-listed international stocks, or ADRs.

We've also sprinkled in some of the largest ADRs...

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Software is starting to look interesting again.

After being hit hard in 2025, the group has spent most of the year repairing damage and trying to find its footing while much of the market has gone vertical.

On...

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Hello again, Spirit Animals.

If there is anything more volatile than my PnL, it is often my mental state. It's not something I'm proud of. When I'm winning, I'm often ebullient. When I'm losing, I'm usually pretty sullen. This sucks for me and...

The market is rewarding software stocks for reporting earnings again.

Thursday gave us another busy earnings tape, and the biggest takeaway was the market's renewed appetite for software stocks.

This appears to be the early stages of a significant rotation, and Sam nailed it yesterday with...

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A $6M biotech bet, a chemicals breakout, and the software name nobody's talking about

This note highlights a select group of stocks showing the most unusual — and highly directional — options activity.

The goal is simple: follow the big money and trade in the direction of the underlying...

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Steve Strazza

The old man may have moved on, but the game stays the same at Berkshire. 

And Berkshire at a discount when the rest of the stock market is at or near highs feels like a good buy-the-dip situation.

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