Summary

· For the past 15 years we have lived through a time with very low volatility and high returns for stocks, with one or two outliers. I believe these two features are about to end abruptly for the most popular asset classes.

· I have bought the following puts: ACHR 3.88%↑ OCT 17 $4p, HSY 2.28%↑ AUG 15 $90p, HSY 2.28%↑ JAN 15 $90p, IIPR 1.59%↑ DEC 19 $35p, KULR 1.27%↑ OCT 17 $0.5p, LX -5.12%↓ AUG 15 $5, NXST 1.31%↑ NOV 21 $110p, PDD -15.29%↓ AUG $60p, PINS 2.03%↑ AUG 15 $15p, QFIN -0.61%↓ AUG 15 $20p, SN 0.85%↑ DEC 19 $40p, WGS -0.54%↓ SEP 19 $60p, WULF 0.13%↑ AUG 15 $1.5p, XP 2.47%↑ AUG 15 $8p and ZTO -1.09%↓ OCT 17 $25p.

· I have 10% of my portfolio evenly distributed on these options.

· All these short ideas come from the research of Grizzly Research. All credit to them. As Pablo Picasso said, “Good artists copy, great artists steal.”. I have no problem acknowledging that shorting stocks is not my strength, but it is the strength of Grizzly.

· I have run a massive data analysis test on the track record of Grizzly Research. I will share a portion of my results here. If I were to release it all, I would have to write 100+ pages. And that would be a tough read. It is already 30 pages long though.

· Needless to say, I have asked Grizzly Research for permission to write this post. Everyone should follow them on X: @ResearchGrizzly and @SGEggert. For their full reports please visit grizzlyreports.com.

Any feedback is more than welcome in the comments, or you can send me a message on Substack or through my twitter (X) account @AAGresearch.

As always, I want to thank my girlfriend Yeimy, who has helped me a lot while I was writing this by myself. This report and this blog would not be possible without her. Thank you.

I hope this finds you well,

Alberto Álvarez González.

For the full report you can visit my free blog at: https://open.substack.com/pub/albertoag/p/the-tide-is-turning-shorting-14-stocks?r=3hhq06&utm_campaign=post&utm_medium=web&showWelcomeOnShare=false

Disclaimer: I assume no liability for any and all of your actions, whether derived out of or in connection with this information or elsewhere, and you hereby warrant and represent that any and all actions that you take or that you may take at a later date in connection with this information shall remain your sole responsibility and, in case, I shall not be held liable for any such actions.