Quit Chasing Fads… Try This Timeless Technique

Jack Carter | January 23, 2024

Have you been following the Bitcoin ETF news? It was supposed to open up the market and set Bitcoin on a course to $100,000 or more.

But about 2 weeks ago, almost immediately after the ETFs were approved…

Bitcoin started heading down… down… down…

So far it’s down 15% and no one knows when it’ll hit bottom.

Honestly, it could eventually hit $100,000… but my point today is this:

If you’re tired and burned out from chasing fads, there’s a timeless technique that I want to share with you.

Even if you decide to chase fads (I’ll admit, they’re fun once in a whle), this can form a rock-solid cornerstone of your trading.

Selling Premium

Most people buy options. I can write a book on why that’s like buying a lottery ticket.

But long story short: When you buy options, you’re betting on a specific result within a specific amount of time.

Every day that ticks off the calendar is working against you.

You basically have to get 2 things right:

  • the price the stock will go to
  • the time by which the stock will go to that price

It’s incredibly hard. Some statistics say that more than 80% of options expire worthless.

And that’s bad, because when an option expires worthless, the buyer of that option loses the amount they paid for that option.

But there’s another side to this tale. And not a lot of people know about it.

Because for every option that expires worthless… there’s also an options seller who collected money for selling that option.

And here’s the best part: You don’t have to be a bank or a big hedge fund to sell options.

So why do I recommend that everyone discover how to sell options?

Remember, when you buy an option you have to get 2 things right: the price and the time.

But when you sell options, you can get both of those wrong and still win!

In fact, the stock price can go up, sideways or even a little down.

Because remember: while time is working against an options buyer… when you’re an options seller, it’s working in your favor!

I’ve spoken a lot about selling options here in the articles on this website, but if you want to cut straight to the chase, I want you to go here and watch this video.

Not only am I talking about how I sell options. I use a database of stocks that have a 10 year track record of rising on very specific dates to gain an even bigger edge.

Trade well,

Jack Carter

Trending Stocks of the Week — Jan 23, 2024

Jack Carter | January 23, 2024

To help you discover the power of trends, every week, every week, I share with you a handful of the top trending stocks.

These stocks are picked by the custom-built TrendPoint software I designed to pick the strongest trending stocks in the market right now.

If you know anything about me, you know that every trade I get into starts with a trending stock.

Unless a stock is in a strong trend, I don’t want to hear about it. In my book, wishy washy stocks are the quickest way to losing money.

This Week’s Stocks

The Dow and the S&P closed at all time highs yesterday.

So this week, again, I’ve got 3 bullish picks for you to go long on.

Remember, we always trade in the same direction as the broad market.

  • ANF
  • WDAY
  • V

And don’t forget about last week’s picks, which you can find here.

This week’s stocks show a strong trend and could still be in play for the next few weeks.

What can you do with these stocks?

Well, there are a couple of things you could consider — after doing your own research, of course:

  1. You could just buy the stock. This is probably the simplest thing you could do. Then just wait for it to go up and sell when you hit a profit target you’re comfortable with.
  2. You could buy an option. You know I’m not a fan of speculative plays, but every once in a while it doesn’t hurt to throw a little cash at a speculative option. Of course, while options can move bigtime if the stock goes up… the downside of options is that you have a time limit on how quickly you need the stock to make that move.
  3. You could do an income play. If you’ve been following me for any length of time, you know that I’m a big fan of income plays, because they increase your odds of winning. We do this by SELLING options instead of buying them. If you haven’t tried your hand at income trading yet, I urge you to try this exercise for yourself.

    Without risking any money, it will really let you see the power of income trading and why it’s my favorite method.

    Whether you end up doing naked puts, covered calls or some kind of spread, this is really my preferred method to use when I’ve found a great trending stock like the ones on this week’s list.

That’s it for now.

Stay tuned, because I’ll be sending you a new list of TrendPoint Best Trending Stocks every week! (usually Mondays)

Trade well,

Jack Carter

P.S. Every single week, I use one strategy to pull income from the markets. Click here to check it out.