| GUEST POST: JACK CARTER
The Embarrassing Lesson I Learned Over 30 Years Ago (a.k.a. Why I Sell Options)
If you know anything about me, you know that I’ve been a lifelong options seller.
Rarely will I ever take big swings on buying speculative options.
In fact, the first big “swing” I took this year was just 2 weeks ago.
To put that into perspective, it was ⅔ of the way through the year before I bought my first big speculative option.
By contrast, I’ve been selling options every single week of the year so far and making out like a bandit.
But what you may not know is why more than 30 years ago, I swore up and down that I would turn the tables to “become the house”.
See, a few years after college I was working as a stock broker far from my hometown of Gary, Indiana.
The holidays were getting close and I wanted to come home looking like a Wall Street big shot. (big mistake)
So a stock broker buddy and I went half and half on buying an option that was a “sure thing” to go up.
Over the next couple of weeks, we watched as that “sure thing” option dwindled away… Going down, down, down… until it expired worthless.
That would have been bad enough, but I had a bigger problem.
That money I had used to buy that option was the only cash I had to get back home to Indiana for the holidays. (another big mistake…)
I won’t get into details, but I ended up having to pawn a bunch of stuff just to get home and see my family that year.
And I didn’t fly in like the Wall Street big shot I was trying to be.
I had to take a bus back and face my family with my tail tucked between my legs.
While that was probably my lowest point, I’m incredibly grateful for that experience.
Why?
Because it changed my life for the better.
See, when I lived through that experience, I learned first hand how easy it is to lose money as an options buyer…
And because of that, I’ve been a lifelong proponent of SELLING options.
Because, frankly, your odds as an option seller are infinitely better!
It’s just mind boggling how much more consistent the wins are.
In fact, one technique I use exclusively for my big accounts has a greater than 94% win rate.
That’s about as close to perfect as something can get in the stock market…
Now, if you’ve been an options buyer I know you’re probably scratching your head.
Maybe you’re even skeptical. “Jack, you expect me to believe that you win almost 100% of your trades?”
That’s GOOD! I want you to be skeptical.
I would have been too, especially if my only experience with options was from the buying side. But let me break it down for you.
When you buy an option, you're essentially placing a bet that the stock will move in a specific direction within a certain timeframe.
If it doesn't, you lose your entire investment. The odds are stacked against you from the get-go.
It's a high-risk, high-reward game, and while the potential for massive gains is alluring, the reality is that most options buyers lose money.
On the other hand, think about it…
Whenever you buy an option, there’s someone on the other side of that transaction — a regular guy or gal just like you or me — who is collecting the premium.
And when you discover how to become an options seller, you’ll discover the thrill of being the casino rather than the gambler!
The casino knows that while they might lose on any single bet… Over time, the odds are in their favor, and they'll come out ahead. It’s just the way the game is designed.
That's the power of selling options. You're leveraging time decay and probabilities to your advantage.
As I heard someone put it, “Getting paid for a promise.”
Now, I'm not saying that selling options is risk-free. No investment strategy is. But the risks are more manageable, and the returns are more consistent.
And that's what I love about it.
Instead of chasing the next big thing and hoping for a home run, I'm steadily growing my account, one trade at a time.
So, to answer your question: Yes, I genuinely win almost 100% of my trades when I sell options.
And it's not because I have some secret formula or inside information.
It's because I've learned — through hard experience — to play the odds, to be patient, and to prioritize consistency over quick gains.
Now, one particular strategy I use is geared towards big accounts. I would even say it’s for big accounts only.
I’m talking about a trading account of $50,000 or more.
That might sound like a small account to some people, or it might be ridiculously large for others.
Everybody’s different.
I’m just being straight with you. The strategy I’m talking about today is for accounts of that size or larger.
If you’re ready to shift your trading style…
If you’re ready to find out how I’ve targeted consistent wins…
If you’re ready to discover how the wealthy grow their largest accounts…
I want you to join me tomorrow at 1pm Eastern for a special presentation I call “The Big Account Masterclass”.
It’s completely FREE — but again, I want to be fair with everyone’s time.
You’ll only be able to put this technique to full use if you have an account of $50,000 or more to trade with.
If that sounds like you, and you’re ready to take the plunge, click here to reserve your spot.
Trade safe,
— Jack Carter
P.S. I know trading with a big account can be scary.
Just remember that the technique I’m going to discuss is something I’ve used to grow my biggest accounts for decades.
My goal is to demonstrate how you can do the same with yours. Reserve your spot now. | | | | |
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