Hey Traders,
Last week’s market was a mess.
We had choppy action, whiplash headlines, and a market that keeps trying to fight off a bearish structure by grinding higher.
But if you’ve been trading with me, you already know how we handle weeks like this:
We sell premium. We keep it tight. And we don’t overreact.
Let me show you how last week’s trade worked out…
The Setup
We used NVDA as our underlying stock last week — a stock that’s been trending lower and was stuck between key trend lines.
With NVDA trading just below $113, we entered a classic bear call spread:
- Sold the 121 Call
- Bought the 122 Call
That gave us a $1-wide spread, which caps our risk and defines our max profit potential.
We had nearly a 7% cushion between NVDA’s price when we entered the trade and our lower strike price, so there was plenty of room.
How’d it work out?
The Result
This trade was textbook.
NVDA never touched our trip wire. It chopped around all week, but it didn’t run high enough to threaten our spread.
And that’s exactly what we wanted.
Because when you sell a bear call spread and the price stays below your short strike?
You win.
The options expire worthless — and we keep the premium… And that’s exactly what we want.
We entered on Tuesday, just like always. Let it run to Friday. No drama. No stress.
What We Earned
With just a $1-wide spread, a 5–cent credit might not sound like much…
But remember — that’s a 5% return in four days.
Do that every week, and you’re talking about over 260% annualized!
That’s how this strategy works: Fast. Repeatable. And scalable.
Bigger Picture
Now, I’m not saying it’s been easy out there.
This market keeps grinding higher and the broader trendlines are just starting to flip from bearish to bullish. And that throws a lot of traders off.
But that’s why we don’t chase.
We don’t try to call tops or bottoms. We just:
- Read the chart
- Set the strikes
- Sell premium (with plenty of cushion)
- And let the odds work in our favor
This NVDA trade was just one more win in a week where a lot of traders got chopped up trying to predict where the market was going next.
We didn’t have to.
We just had to be consistent.
Trade well,
Jack Carter
P.S. Have you seen this free class where I teach you the 3 rules I use to build a dream portfolio?
