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Sometimes you get lucky. Sometimes you mess up the trade setup, pick the wrong expiration and still walk away profitable.
That’s what happened to me this week on a Broadcom (AVGO) bear call spread I alerted on Tuesday in my Weekly Options Profits VIP strategy.
Here’s the deal: I sold the $330 and bought the $332.50 call — a $2.50-wide spread. Clean setup. Solid premium.
But then I did something dumb.
On my alert, I listed the expiration as the 20th. But the trade I actually placed? It expired on the 18th — a full two days earlier. And that mistake cost me.
It’s a good reminder that all trading involves a substantial risk of loss. Past performance is not necessarily indicative of future results. Even a small detail like an expiration date can change the entire outcome of a trade.
The Numbers Don’t Lie
I captured a $0.28 net credit on my trade.
And then the messages started rolling in.
Joe — who followed the alert as written and used the 20th expiration — collected $0.65, more than double what I made.
Clyde grabbed $0.46, and another member pulled in $0.48, all because they stuck with the date I wrote down, not the one I accidentally traded.
When you’re getting $0.48 on a $2.50-wide spread, that’s around 19% return — versus my roughly 11%. That’s a massive difference in yield for what should have been the exact same trade idea.
And here’s the kicker: I also got assigned on a separate AVGO put I was running midweek and ended up with a couple hundred shares at $317.50. So yeah — I was all over the map with this one.
The Lesson I’m Taking From This
You can screw up the details and still be right on the setup.
The bear call spread worked. AVGO stayed below my short strike, and the trade was profitable.
But execution matters — and in this case, choosing the right expiration made the difference between a decent trade and one of the biggest net credit spreads of the year.
If you were in this trade and used the 20th expiration like the alert said, congratulations — you crushed it. That’s one of those trades where everything lines up and the premium just falls into your lap.
And sometimes it’s just easier to take the premium from the triple income system and straight out buy more dividend stocks. It’s a simple way to turn these trades into something that compounds for you automatically.
For me? I’ll take the $0.28 and the reminder to double-check my expirations before I hit send, because next time, I want the $0.65.
Trade well,
Jack Carter
Jack Carter Trading
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*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.
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Disclaimer: We develop tools and strategies to the best of our ability, but no one can guarantee the future. There is always a risk of loss when trading. Past Performance is not indicative of future results. All gains cited are from a related service that uses the Cash Flow Agent. From 1/1/21 through 2/20/25, the average return per options trade alert published in real time (winners and losers) is 3.18% in 3 days, with a 96.1% win rate.
