Things I Did Today

Avatar photo Doug Kass on September 28, 2026

Here are today’s things:

* I covered most of my Index shorts:

$SPY $766.95

$QQQ 736.75

* I covered my relatively large $GRNY short at $28.02 and eliminated a small $JOET short at $45.14 .

* With $CVNA down by -$5 I sold my CVNA puts. I remain short common.

* I added to long in $MSOS at $5.09 (common) and bought a crapload of calls for October and November. Added to $GTBIF at $7.70.

* I added back to $GLD at $380.30 today — replacing what I sold on Friday (when I substantially reduced my GLD on a rally at $394.94). I got very lucky for the second time on the precious metal, remember I sold my prior position of this trading sardine at over $400 about a week ago.

* I paid $26.01 for more $WRTH long.

Position: Long MSOS common (VL) and calls (M), GLD (L); Short SPY (VS), QQQ (VS), CVNA (VS)

Recommended Viewing: MRKT Call

Avatar photo Doug Kass on September 28, 2026

Run don’t walk to watch Carter and Guy at 11 AM.

Again what you get with Dan and Guy are smart market observations, actionable ideas (Carter has an ETF $WRTH, which discusses a lot of creative pairs trades, hedges and more aggressive trades). Seabreeze Partners, my hedge fund has taken a long position in WRTH as I believe it will outperform in a down market ).

Unlike many in the business media, MRKT Call’s playas take ownership of their ideas — so you also get some humble pie (i.e., honesty and transparency).

Let’s go to the tape! Carter Worth: Go Long MSFT & PLTR, Time To Sell Gold – YouTube

Guy gave me a nice shout out at the 13-minute market (related to my $NVDA comments in my Diary).   

Position: None