Hey Traders,
What a day in the markets, huh?
Let me catch you up: Markets been sinking for weeks now — and the downturn especially picked up speed since Liberation Day tariffs kicked in.
And me? I’ve been trading bearish setups the whole way down.
Because when the trend turns, I turn with it. No ego. No guessing. Just following the price.
But no matter how strong your conviction is, markets have a way of throwing curveballs.
And today? That pitch came in hot.
Surprise Announcement, Historic Move
Around 1:15PM today, President Trump made a surprise announcement:
Tariffs were being drastically reduced across the board… Except for China.
In response, the market exploded higher.
SPY surged over 11% from open to close — the vast majority of that in the hours after Trump’s announcement.
It was one of the wildest intraday moves I’ve seen in years.
And one stock that joined the rocket ride?
Nvidia (NVDA).
But Here’s the Twist…
Just yesterday, I put out this NVDA trade alert to my Weekly Options Profits members:
Sell to open NVDA 04/11/2025 115 Call
Buy to open NVDA 04/11/2025 116 Call
Suggested net credit: $0.05
NVDA was trading around 105 at the time
A simple bear call spread.
The trade paid 5% on risk in just 3 days — and NVDA had to stay under 115 by Friday.
Seems reasonable, right?
And the first day, NVDA played right along with us. In fact, it dropped a whole 8% from the time we entered the trade.
Then today’s announcement came… and NVDA ripped over 15% higher.
Let me be clear:
Some *weeks*, NVDA doesn’t even move that much.
This was a once-in-a-blue-moon spike.
But here’s the thing… even with a historic move against us — NVDA still hasn’t touched our short strike.
That’s the Power of a Well-Built Trade
When a trade looks like it’s about to go against you, the question isn’t “how do I get out?”
It’s “what parts of my strategy are still working?”
Here’s what saved our skin today — and what could still leave us with a win despite this historic move against us:
1) The trend was bearish — and that’s why we took the trade.
NVDA has been under pressure, sitting below all three trendlines — the 20-day, 50-day, and 200-day — and the broader market’s been bearish too.
That gave us the green light yesterday to take a bearish income trade.
2) We gave ourselves a massive cushion.
Even after today’s huge move, NVDA is still 76¢ below our lower strike.
That’s the kind of room you build into a smart income trade — so the stock can make a massive move and you’re still not underwater.
3) Layers of resistance are still in play.
There’s a ton of overhead resistance on NVDA’s chart — and that’s not going to disappear just because of one headline.
Besides, these massive moves are usually overreactions. And overreactions usually settle.
Will this one? That remains to be seen… especially when we’ve got a President who can spike or crash the market with a single post on Truth Social.
4) One more trick up our sleeve: time.
This was a 3-day trade. We entered on Tuesday. And today’s done.
That leaves just two more days.
If NVDA flounders a bit from here… we still win. It doesn’t have to crash. It doesn’t have to reverse. It just has to stay put.
That’s Why We Trade This Way
Look — I’m not gonna sugarcoat it.
What we saw today was a massive move against our trade.
But it was rare… It was fast… And it caught a lot of folks by surprise.
But that’s why we trade the way we do.
I don’t put my money into hail marys. I don’t chase the news. And I sure as hell don’t try to outguess a politician who can move markets with a single social media post.
Instead, I follow the trend. I stack the odds. And I build trades that can bend without breaking — even when the market throws a haymaker.
Because at the end of the day, this business isn’t about being perfect.
It’s about putting yourself in the best possible position to win — over and over again.
That’s what this NVDA trade was. And it still might be. We’ll see.
We’ve got time. We’ve got distance. And we’ve got a strategy that was built for exactly this kind of chaos.
This is how you trade with confidence — even when the market loses its mind.
Trade well,
Jack Carter
P.S. Last shot at checking out my special Tesla trade — it’s giving us massive opportunity in this chaos!
