Holding too many small-cap stocks in a bad market, the drawdown is too fast. Sorted by position size, the current holdings are as follows:

1️⃣$Recursion Pharmaceuticals(RXRX.US), the top holding, with common shares, long calls, and a bunch of sell puts. A conviction stock in AI pharma, buying on expectations carries high risk. Have traded it a few rounds, overall profitable. Mid-term target $6-7. The CEO recently visited, which gave me more confidence.

2️⃣$Strive(ASST.US), second largest holding, a niche bitcoin storage company. Current cost basis $1.02, already at some loss. Plan to start averaging down at 20% underwater. Mid-term target $2, planning to hold long-term as a crypto asset play, long-term view $10+.

3️⃣$Amazon(AMZN.US), no common shares, only a few 20260618 250calls at cost $16.7. Will add on further dips for swing trades. Value investor is also in this, so holding with relative comfort.

4️⃣$NuScale Power(SMR.US) was fully exited last week but bought back at higher prices last night. A nuclear power stock. After deep research, appears to be the most certain small modular reactor play, more than Oklo. The U.S. can't avoid power issues for AI development. Mid-term target $30. Currently hold commons and some options.

5️⃣$SoundHound AI(SOUN.US) is unavoidable name in AI voice recognition, now at attractive valuation after the drop. Bought two weeks ago, didn't take profits when up, now 10% underwater. Only hold a few long calls. Has stabilized at bottom. Mid-term target $15.

6️⃣Other minor positions like ADT are negligible.

Also, yesterday closed calls on $Unitedhealth(UNH.US) and $Iridium Comm(IRDM.US). Recently took profits at highs on CLF, small rockets etc.

As for stop-loss, not considering in short-term. Will conduct detailed position review if account draws down another 10%, may liquidate and take a break.

Above is personal position sharing, not investment advice.