Hey Traders,
Markets have been brutal lately.
Last week alone threw a lot of traders for a loop.
But not me and my followers.
Because while most traders were stressing out… watching NVDA earnings… or getting whipsawed by volatility… we placed a special kind of trade on AVGO.
One that stacked the odds in our favor before we even hit the confirm button.
Why?
Because we didn’t have to be exactly right and predict where AVGO was going.
We just had to predict where it WASN’T going.
The Trade Setup
While markets were holding their breath, waiting for NVDA to announce earnings Wednesday, I issued the following trade alert to my readers:
- Sell to open AVGO 222.5 Call (expiring Friday)
- Buy to open AVGO 225 Call (expiring Friday)
Suggested net credit: 0.13 or more
A 0.13 net credit on a 2.50 difference in strike prices is a 5.2% yield in just 3 days.
Suggested Trip Wire: 220
At the time, AVGO was trading at 203.25.
And for us to win this trade, AVGO simply had to stay below 222.50 by Friday.
That’s it.
- It could have gone down as much as it wanted…
- It could have moved sideways all week…
- Heck, it could have even GONE UP — by over 9% — and we still would have won!
So What Happened?
Tuesday: AVGO moved sideways most of the day and closed below our entry price — perfect.
Wednesday: AVGO opened higher at around 207 and climbed steadily to close at 213. A little scary — but nothing we can’t handle.
Thursday: AVGO opened strong at 217 and even rallied up to 219.22 at the open.
This is where most traders start sweating bullets.
But not us.
Because this trade is designed to handle moves against us.
And sure enough — the rally lost steam.
By the end of the day, AVGO collapsed to 197 — down over $20 in a single session!
Friday: AVGO tried to rally but barely got above 200 before it closed the week below 200 again.
Another Win in a Tough Week
While most traders were battered by the market or sitting on the sidelines waiting for NVDA earnings, we placed a high-probability trade, let the strategy work its magic, and walked away with another win.
And by the way — That’s 30 wins in a row.
Using this strategy, we haven’t seen a single loss since last summer!
That’s the power of high-probability trading.
Trade well,
Jack Carter
P.S. I just spotted a bullish $2.4 million “big money” bet on one specific ticker. Click here to register your spot for the big reveal!
