Amaris is such a princess warrior and the doctors say we should be able to bring her back home next week. She’s off the ventilator and feeling much better.

Here are most of the trades I’ve made lately in the hedge fund with a bit of commentary on each. (In alphabetical order.)

Longs:

I bought some ADTN. The stock’s down big from its highs, is now trading at about 10-12x next year’s probable earnings and looks increasingly like it could be a 5G spending beneficiary.

I bought some QCOM common and some QCOM call options with strikes ranging from $55 through $60 and dated out from April through next January. Stock has been crushed, shortsellers proclaiming how it could drop in half, lots of negativity around this name. Meanwhile, the dividend is nearly 5% and Qualcomm will be one of the best 5G plays in the world regardless of how their court cases play out.

I trimmed some SQ call options. The stock’s up 50% since we bought them just three weeks ago.

Shorts:

I started a short position in GLUU. High valuation, dependent upon old titles that look increasingly dated and suffering increasingly bad reviews.

I shorted some MJ. I believe in the Cannabis Revolution long-term, but there’s still just way too much hype and hope and bubblicious valuations in the sector. Looking for some of the silliest marijuana stocks so I can build up some shorts in this sector for now.

Disclosure: At the time of publication, the firm in which Willard is a partner had positions in some of the stocks mentioned above although positions can change at any time and without notice.