The other day I was on Profit Panel with Jeffry Turnmire — real sharp guy. He’s great at calling tops and bottoms.
But I don’t trade like that.
After 40+ years of doing this, I’ve learned that trying to guess turning points is a fast way to get run over.
I’d rather jump on a train that’s already moving — a stock that’s picked a direction and is trending strong.
That’s the highest-odds setup I know. And lately, I’ve been doing just that with names like AVGO and ANET.
These stocks are in clear uptrends. When I see that kind of strength, I don’t waste time trying to outsmart the market.
I just sell premium.
Let me show you what that looks like…
Say AVGO is trending up. I’ll go in and sell a bull put spread under the current price.
For example, this week, here’s what my followers and I did:
Sell AVGO 287.50
Buy AVGO 285
Both expiring this Friday
For placing that trade, we collected a 30¢ net credit, which comes out to 12% return in just 3 days!
That credit gives me cash up front — cash in my account — and as long as the stock stays above 287.50, I keep that money.
It’s not about being right 100% of the time.
It’s about stacking the deck. I don’t need AVGO or ANET to go to the moon. I just need them to hold their trend.
They could even slow down, move sideways or a little down and I’d still get paid.
I’ve been running this playbook week after week for years. Decades even… and it works.
No guessing. No gambling. Just letting the market show its hand… then making a smart, simple move to pull in income.
If you missed the show with Jeffry, it’s worth a watch — you’ll see two very different approaches.
But if you’re like me — if you’d rather sleep easy at night knowing the odds are in your favor — then stick with the trend.
Click here to watch the episode.
Trade Well,
Jack Carter
Jack Carter Trading
P.S. This brand-new tool has taken all the manual work out of how I trade.
