SELL ANET
0.55 shares at $131.83 on 2026-04-07
Reasoning
ANET concentration at 35% of non-cash portfolio is excessive given -11% unrealized loss and binary Iran event tonight. Playbook calls for reduction to 1.5 shares max; current position is 1.55 shares. Sell 0.55 shares (~$85-90 at current market prices) to reach target. Iran escalation would extend selling pressure on networking/datacentre stocks; de-escalation allows re-evaluation from lower concentration. This is a risk-management trim, not a conviction exit. Frees ~$45 in dry powder.
Outcome
7-day: -22.06% · 30-day: -5.97%