Newsletter

Apologies for the missed issue last week — this one covers the two-week stretch since Issue #6. The GVR portfolio gained +1.28% over the period, modestly behind VOO's +1.89% and comfortably ahead of QQQ's +0.20%, as the portfolio mostly moved sideways with the broader market following the prior week's sharp drawdown. The most notable feature wasn't any single dramatic move but the way the two core options positions offset each other: the NOW call continued drifting upward off its late-June low, while the ONDS calls drifted lower, largely netting out at the portfolio level...

The GVR portfolio fell -4.71% this week, tracking closely with a Nasdaq that declined -4.60% and an S&P 500 that shed -2.59%, as a sharp rotation out of technology stocks — triggered by a global semiconductor selloff and renewed doubts about the Iran ceasefire — weighed on growth equities across the board. For most of the week the equity book moved in line with the market. Then Friday happened: ServiceNow surged more than 10% in a single session, sending the NOW October 2026 $100 call up $478, or nearly 55%, in one afternoon. That single day is a useful reminder of what long options are actually for...

The GVR portfolio fell -2.62% this week while VOO gained +1.46% and QQQ surged +3.28%, as the broader market rode a wave of Iran peace deal optimism and post-Fed relief higher. GVR sat out most of the rally — a week of deliberate housekeeping on the equity side and continued patience on the options book. MU, AXON, and GOOG were taken off the board for gains, a number of smaller positions that no longer fit the book were closed out, and the portfolio now carries nearly $5,000 in cash ready to be deployed...

The GVR portfolio fell -4.63% this week while VOO gained +0.58% and QQQ rose +2.31%, as the NOW and ONDS options positions continued to lag — though both appear to be consolidating after the prior week's sharp pullback. Markets broadly grappled with easing rate-hike fears and a fading Iran-related oil premium. On the equity side, three positions were trimmed (closed trades: SM, MPC, SYM) and new exposure was added in URAA, CIEN, PLTR, SOFI, and BWXT...

A difficult week across the board — the GVR portfolio fell -9.48% versus -2.51% for VOO and -4.50% for QQQ, as a blowout May jobs report sent rate hike expectations surging and hammered growth equities. The NOW and ONDS options positions pulled back hard, though both remain in the green and the long-expiration thesis is intact. On the equity side, a clean 30% gain on ZETA in under two weeks, and a new options position was initiated...

A four-day trading week following Memorial Day, and the GVR portfolio gained +18.78% — versus +1.42% for VOO and +2.94% for QQQ. The ServiceNow October 2026 $100 call has been building for weeks and finally broke out in a major way, becoming the single largest position in the portfolio. Markets closed at all-time highs across all three major indexes, with the S&P 500 recording its ninth consecutive weekly advance...

This is the first issue of the GVR newsletter. Today I'm documenting the launch of this project — what it is, why I built it, and where it's going. Golden Valley Research started as a personal project to build a quantitative stock scoring system that I could actually trust. The GVR scoring system scores stocks across four dimensions: Valuation, Growth, Profitability, and Revisions — each weighted 25% for a composite score from 0 to 100...