Andy Constan 5.0 30 ideas
Founder, Damped Spring Advisors
Total Picks
23
13 long
· 10 short
Avg Return
—
equal-weighted
Best Performer
—
—
Worst Performer
—
—
Winrate 30d
53%
8W / 7L
| # | Ticker | Name | Stance | Conv | Entry | P&L YTD | Theme | Thesis | First Mentioned | Src |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | QQQ | Invesco QQQ Trust | SHORT | MED | $658.06 | Macro | Short the tech sector via QQQ as a directional bet against current tech valuatio… | Apr 24 | ||
| 2 | CAR | Avis Budget Group, Inc. | SHORT | MED | $637.72 | Consumer | Short CAR as the gamma squeeze is ending, with the company expected to fill dema… | Apr 22 | ||
| 3 | USO | United States Oil Fund | SHORT | MED | $124.08 | Energy | Short December crude oil futures to hedge against a potential cratering in the o… | Apr 14 | ||
| 4 | IGV | iShares Expanded Tech-Software Sector ETF | LONG | MED | $79.95 | AI/Semi | Buy the dip in software stocks following a sharp morning selloff, capitalizing o… | Apr 14 | ||
| 5 | STRC | Starry Group Holdings, Inc. | LONG | HIGH | $100.01 | Other | Buy STRC to capture the upcoming dividend, as historical price action shows the … | Apr 13 | ||
| 6 | SMH | VanEck Semiconductor ETF | SHORT | HIGH | $439.00 | AI/Semi | Initiating the short leg of a semiconductor/software spread trade, shorting SMH … | Apr 10 | ||
| 7 | VIX | CBOE Volatility Index | SHORT | HIGH | $33.86 | Macro | The author is actively shorting VIX futures from what they perceive as a high, w… | Apr 07 | ||
| 8 | VXX | iPath Series B S&P 500 VIX Short-Term Futures ETN | SHORT | MED | $35.03 | Macro | Short VIX futures expecting implied volatility to decline due to geopolitical de… | Apr 07 | ||
| 9 | USO | United States Oil Fund | LONG | HIGH | $137.92 | Energy | The author has initiated a half-sized maximum long position in December crude oi… | Apr 03 | ||
| 10 | ALLW | SSGA Active Trust State Street Bridgewater All Weather ETF | LONG | MED | $28.00 | Macro | Moderately leveraged risk parity offers superior risk-adjusted returns compared … | Mar 24 | ||
| 11 | TLT | iShares 20+ Year Treasury Bond ETF | LONG | MED | $87.79 | Macro | The author is positioned for a Fed rate cut, which would be bullish for bonds, b… | Mar 18 | ||
| 12 | VEA | Vanguard FTSE Developed Markets ETF | LONG | — | $67.38 | Macro | @TeacherxTrader Not much difference at the high level. I use VEA 🤷♂️ | Mar 04 | ||
| 13 | GLD | SPDR Gold Shares | LONG | MED | $473.42 | Macro | The author is bullish on gold as a hard asset, believing that policymakers will … | Feb 25 | ||
| 14 | SPY | SPDR S&P 500 ETF Trust | LONG | MED | $693.15 | Macro | The author recommends a permanent long allocation to broad market equities ("bet… | Feb 25 | ||
| 15 | BTC | Bitcoin | LONG | MED | $64058.15 | Crypto | The author expresses a willingness to buy Bitcoin at current levels, showing con… | Feb 24 | ||
| 16 | VXUS | Vanguard Total International Stock ETF | LONG | MED | $83.42 | Macro | The author favors Rest of World (ROW) assets over US assets, stating their own p… | Feb 24 | ||
| 17 | SPY | SPDR S&P 500 ETF Trust | SHORT | MED | $687.35 | Macro | The author is avoiding/underweight US stocks based on a relative value view that… | Feb 24 | ||
| 18 | TLT | iShares 20+ Year Treasury Bond ETF | SHORT | HIGH | $89.90 | Macro | The author argues that in an accelerating economy, the correct portfolio action … | Feb 24 | ||
| 19 | UUP | Invesco DB US Dollar Index Bullish Fund | SHORT | HIGH | $27.09 | Macro | The author has a secular view that the US Dollar will underperform against a bas… | Feb 22 | ||
| 20 | GOOG | Alphabet Inc. (Class C) | LONG | HIGH | $323.59 | AI/Semi | The new Google bond offering is attractively priced ("a steal") relative to its … | Feb 09 | ||
| 21 | MSTR | MicroStrategy Incorporated | SHORT | — | $164.04 | Crypto | 1. THE FACT: The user is "selling at 1.06MNAV like a boss." 2. THE BRIDGE: This … | Jan 20 | ||
| 22 | IBIT | iShares Bitcoin Trust | LONG | — | $53.89 | Crypto | 1. THE FACT: @dampedspring mentioned "tax loss harvesting and bid the close on 1… | Jan 14 | ||
| 23 | SMH | VanEck Semiconductor ETF | LONG | — | $379.78 | AI/Semi | 1. THE FACT: "Nice breakout in $SMH." The speaker calls this a "mook." 2. THE BR… | Jan 05 |
Best and worst calls
Best calls
WTI LONG
+44.3%
Andy Constan (@dampedspring)
Direction was mixed but the trade was clearly long CL and VIX futures
Andy Constan (@dampe...
Mar 05
MSTR SHORT
+21.1%
1. THE FACT: The user is "selling at 1.06MNAV like a boss."
2. THE BRIDGE: This indicates a belief that MSTR's Net Asset...
Jan 20
VIX LONG
+16.6%
The author is taking a tactical long position in volatility (VIX futures), likely as a short-term hedge or speculation, ...
Feb 23
Worst calls
IBIT LONG
-27.7%
1. THE FACT: @dampedspring mentioned "tax loss harvesting and bid the close on 12/31." They then stated "$MTPLF trading ...
Jan 14
GLD LONG
-12.4%
The author is bullish on gold as a hard asset, believing that policymakers will not reverse inflationary "debt wealth tr...
Feb 25
VXUS LONG
-9.9%
The author favors Rest of World (ROW) assets over US assets, stating their own positioning is based on the belief that a...
Feb 24
Short SPX over the next 2-6 months as a preferred bearish bet relative to other developed market indices, with SOXX overextension dismissed as a day-trading noise.
SPX
HIGH
Apr 24, 14:51
Founder, Damped Spring Advisors
Short the tech sector via QQQ as a directional bet against current tech valuations or momentum.
QQQ
MED
Apr 24, 14:46
Founder, Damped Spring Advisors
Short CAR as the gamma squeeze is ending, with the company expected to fill demand, leading to a price decline. The author is maintaining a short position despite being underwater.
CAR
HIGH
Apr 22, 16:39
Short December crude oil futures to hedge against a potential cratering in the oil market that would render existing put options worthless.
USO
HIGH
Apr 14, 20:54
Buy STRC to capture the upcoming dividend, as historical price action shows the ex-dividend drop is quickly recovered, creating an arbitrage-like opportunity.
STRC
HIGH
Apr 13, 21:59
Starting 25bp AUM spread trade — legging short SMH first; eventual plan to go long IGV once dip stabilizes.
IGV
MED
Apr 10, 14:43
Initiating the short leg of a semiconductor/software spread trade, shorting SMH while waiting for leveraged fund liquidations in IGV to finish before eventually going long software.
SMH
HIGH
Apr 10, 14:43
The author is actively shorting VIX futures from what they perceive as a high, with a defined risk of a 20-point move against them.
VIX
HIGH
Apr 07, 16:37
Short VIX futures expecting implied volatility to decline due to geopolitical de-escalation (Iran-France prisoner exchange deal).
VXX
HIGH
Apr 07, 13:52
The author has initiated a half-sized maximum long position in December crude oil futures from an entry of $70.82.
USO
HIGH
Apr 03, 16:30
Moderately leveraged risk parity offers superior risk-adjusted returns compared to equity-only portfolios and can be efficiently implemented using the ALLW ETF.
ALLW
HIGH
Mar 24, 17:56
The author is holding the remainder of a 111/110 put spread on 10-year Treasury futures (ZN) into next week's expiration, expecting further downside to capture additional profit.
ZN
HIGH
Mar 21, 09:10
The author is positioned for a Fed rate cut, which would be bullish for bonds, based on the political expectation that a new Fed chair would receive a "gesture" cut upon confirmation.
TLT
MED
Mar 18, 12:22
Andy Constan (@dampedspring)
Direction was mixed but the trade was clearly long CL and VIX futures
Andy Constan (@dampedspring)
Given short term that long CL & VIX futures = Short stocks Which do
WTI
Mar 05, 17:59
The author is bullish on gold as a hard asset, believing that policymakers will not reverse inflationary "debt wealth transfer" policies, thus devaluing fiat currency.
GLD
MED
Feb 25, 18:10