FreeSoftware & SaaSNETMay 20
NET — consumption is stabilising
Net revenue retention is basing, and that's the variable that re-rates the stock.
ShortLow convictionWatchlist driven risk 4 min read
NENETLoading delayed quote
Cloud & cybersecurity
Yara Haddad
Consumption vs seat models, security spend, and the unit economics under the cloud headlines.
@cloudmargins12 subscribersSince May 2026
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Track record
· last 30 days VerifiedShares
-5.9%Verified cumulative return · 6 closed
50%Win rate
100
-1.0%Avg return
+2.6%Best call
+2.4%Avg win
-4.3%Avg loss
2LStreak
16dAvg hold
Closed calls
6 in 30 daysNVDAdailyLong
$207.98 → $199.65 · May 18–Jun 4 · 17d hold
NVDALong
$288.36 → $271.15 · May 16–Jun 3 · 18d hold
S&P 500 (SPY)dailyLong
$226.33 → $231.92 · May 16–Jun 1 · 16d hold
Dow Jones (DIA)monthlyLong
$258.10 → $250.67 · May 11–May 27 · 16d hold
TSLAmonthlyShort
$436.32 → $424.85 · May 8–May 22 · 14d hold
Nasdaq 100 (QQQ)Short
$150.11 → $147.05 · May 2–May 19 · 17d hold
+Shares vs options — what's the difference?
SharesYou own the stock. The return is the underlying's move (entry → exit), linear, and you can hold as long as you like. Steadier, lower leverage.
OptionsYou buy a contract (a call or put at a strike, expiring on a date). The return is on the premium — leveraged (a small stock move can be a huge % on the option) and time-sensitive (value decays toward expiry). Higher risk and reward; here the premium is modeled, not self-reported.
Live calls
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FreeSoftware & SaaSNETApr 13
NET: rule-of-40 back in range
Net revenue retention is basing, and that's the variable that re-rates the stock.
ShortHigh convictionWatchlist driven risk 9 min read
NENETLoading delayed quote
PaidSoftware & SaaSCRWDMar 27
Why CRWD's margins inflect this year
Subscribers get the full thesis, the levels, and my positioning on CRWD. Subscribe to read on.
ShortMedium convictionWatchlist driven risk 7 min read
CRCRWDLoading delayed quote
FreeSoftware & SaaSCRWDMar 19
Reading CRWD past the bookings noise
Consumption trends stabilised two quarters before the Street will admit it.
Neutral / hedgedMedium convictionWatchlist driven risk 3 min read
CRCRWDLoading delayed quote
FreeSoftware & SaaSZSMar 4
Reading ZS past the bookings noise
Consumption trends stabilised two quarters before the Street will admit it.
ShortMedium convictionWatchlist driven risk 6 min read
ZSZSLoading delayed quote