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The Book
Book £103.6m · Week 14
Past performance is no guide to future performance. It is, however, an excellent guide to the past.
Opening balance£104.6mthe book, week 1
Entries this quarter−£0.96mnet, marked positions
The tracker0.0the control group
| Date | Ticker | Position | Thesis | Status | P&L |
|---|---|---|---|---|---|
| 28 Oct | TSLA | 0DTE 300 puts x 400 −1.1% | Lobby plants at [redacted] looked tired | Closed | +£2.31m |
| 28 Oct | TSLA | The thesis that followed x 400 −1.1% | Doubled down. Thesis. | Closed | −£4.12m |
| 29 Oct | LLOY | Dec 80 calls x 9,000 −5.2% | Dividend yield rhymes with my year of birth | Open | +£0.41m |
| 29 Oct | NVDA | Short 180,000 shares −4.2% | Someone at a dinner said AI | Open | +£1.21m |
| 30 Oct | BARC | Jan 260 puts x 12,000 +0.0% | Body of the page says £3m, meta says £5m. Confusion is bearish. | Open | +£0.19m |
| 31 Oct | GS | Long 20,000 shares +0.0% | They came first in everything. Momentum. | Open | +£0.00m |
| 31 Oct | VUSA | Long 350,000 shares +0.0% | Control group. Do not touch. | Open | +£0.00m |
| 1 Nov | ARM | Nov 150 calls x 3,000 +0.0% | Ned recommended it. Ned is my chatbot. | Open | −£0.96m |
| Week 14, carried forward | −£0.96m | ||||
Marks are the closing prices of 30 October 2026 for the shares; the option marks are mine. Sterling marks on dollar positions use the same day's closing rate.
Items outstanding
The tracker fund is ahead of me and of all six members of the Panel. It is the only consistent finding this site has produced.
Subject to change, correction and a longer lunch.