Hey traders,
When most people think about trading, they think in terms of one trade at a time. Buy a stock, cross your fingers, hope it goes higher.
That’s not how I do it.
For me, trading is about stacking steady sources of income across different setups — so I’m not depending on any single position to carry me.
How I Build It Out
Here’s what I mean:
Covered calls. If I already own a stock, I’m collecting rent on it by selling calls. I’ve got them running on names like NVIDIA and IBIT right now.
Naked puts. On stocks I’d be happy to own, I sell puts to get paid up front. On IBIT, I’ve got the 65-strike naked put working.
Credit spreads. Sometimes I want defined risk, so I sell spreads. For example, I’ve been running a credit spread on AVGO.
Other plays. On the side, I might have a cash-secured put on a name like Robinhood (HOOD) – another way of getting paid while I wait.
Individually, none of these positions are “bet the farm” trades. But together, they build a stream of income that doesn’t depend on being right about one stock or one market direction.
Why I Like This Approach
The reason I trade this way is simple: it keeps the income flowing without tying my success to a single outcome.
If one trade doesn’t pan out, the others often cover it.
Each setup has its own purpose — covered calls let me squeeze rent out of shares I already own, naked puts pay me to wait on stocks I want to own, and spreads give me a way to define my risk when I need a tighter leash.
That mix keeps me active in the market, but without ever getting reckless. I don’t have to chase home runs. Instead, I can string together steady singles and doubles across different positions — and those add up faster than most people realize.
The Big Picture
Options don’t have to be complicated. What they give us is flexibility.
And by running covered calls, naked puts, and credit spreads side by side, I can turn that flexibility into consistent income — no matter what the market’s throwing at us.
That’s why I don’t just look for “the one big trade.” I’d rather build a basket of income trades that work together.
Trade well,
Jack Carter
P.S. Warning: don’t touch Apple stock in the next 10 days. Here’s why!
