Hey Traders,
NVDA was one of the hottest stocks of 2024 — posting a 171% gain over the year.
But if you paid attention to the news headlines, you might have stayed away just as the rally was getting started.
All the way back in February 2024, I saw this headline:
Or look at this Yahoo! Finance headline:
Stuff like this is exactly why I don’t trade off headlines.
Because look at what you would have missed out on if that spooked you:
But here’s the thing…
Nothing Goes Straight Up
As you can see — not even one of the best stocks of the year!
In fact, there were plenty of times in 2024 where buying NVDA would have left you disappointed.
📉 March 8th – If you bought NVDA near $100/share, you would have watched it go sideways… before dropping nearly 20% over the next 6 weeks.
📉 June 20th – The stock dropped 35% before finally clawing its way back up. It wouldn’t hit a new high again for 4 months.
Now, don’t get me wrong — I’m not here to bash NVDA. Clearly, it was a great stock last year. I still think it’s a great stock.
But when you hear that NVDA gained 171% in 2024, you need to understand that you would have needed perfect timing to get those results.
And that’s exactly why I trade the way I do.
Why I Don’t Just Buy and Hold
Since November, NVDA has been bumping its head around the $150 range — hitting that level a couple of times and pulling back.
That means if you bought NVDA in November and held it, you could actually be underwater right now — anywhere between 3% and 15% down.
But me?
My followers and I have traded NVDA six times since November using my flagship strategy… and every single one of those trades has come back a winner.
Because the high-probability way we trade it don’t require that NVDA go up — we just need it to not go against us too much.
Whether it’s covered calls, naked puts, or credit spreads, each of my core strategies is designed to generate cash flow no matter what the stock is doing.
That’s the power of trading this way.
All Eyes on NVDA: What Happens Next?
This week, all eyes are on NVDA for their first earnings report since the China DeepSeek AI news dropped.
You already know what I think about DeepSeek — I talked to you about it before.
But I don’t want you going into NVDA earnings blind.
That’s why, this Wednesday at 2:30 PM Eastern, I’ll be joining a live roundtable event with four other pros where we’ll break down:
✔ What to can expect from NVDA’s earnings
✔ How I’m looking to trade it — no matter which way the stock moves
✔ Why this earnings event could shake up the entire market
I’ll be there alongside Stephen Ground, Graham Lindman, Roger Scott, Kane Shieh, and Nate Tucci.
You don’t want to miss this.
UPDATE: Watch the on-demand replay here!
Trade well,
Jack Carter
