Apple just had earnings. The stock popped, and options sellers started sweating. This was the hedge I encouraged some of my students who've own AAPL for a while to take.
Getting paid to setup insurance is AMAZING, try that in real estate.
"Yes I'd like some homeowner's insurance please pay me." Would get you laughed out of the room.
This is what that trade looked like on the chart:
Chance (an admin in our discord) did just this. He put on an insurance policy on his shares and he took it off for a winner! This was just one of his hedges :)
So many of my students asked me:
“What if I lose my shares?”
I heard it over and over this week:
“You don’t understand. I’ve made so much money on this stock… this trade is my baby!”
I get it. It’s easy to feel attached to a stock when it’s made you money.
But here’s the truth:
Getting married to a stock is a mistake good kids don’t make.
And next week, Google reports earnings.
I already had some Good Kids ask me after taking the trade from the Good Kids Trading Discord
"Should I roll my covered calls? What if Google takes off?"
My answer is instead of stressing, I have a plan.Because I’ve done this before—and I know exactly how to get back into a trade if needed.
Experience Taught Me This Lesson (Again and Again)
A few years ago, I was watching an interview with Stéphane Bancel, CEO of a small company that was working on DNA-based cancer vaccines.
It sounded groundbreaking.
So, long story short—I made a speculative investment in Moderna at $19 a share.This was three months before COVID changed everything.
Over the next two years, Moderna went from $19 to $500.
I sold my initial investment at $40, then started selling calls on the rest. The volatility was insane, but the premium was too good to ignore. Then, Moderna got added to the S&P 500. That gap-up forced me to get called away at $335 per share.
At first, I thought I left money on the table.Moderna kept climbing. I sold puts to try and get back in.
But it kept running.
Eventually, I had to accept the reality—I made more than most and needed to move on.
Today, MRNA is back at $40.
That sell at $335? Yeah… that feels pretty good now. I made $316 per share.
This wasn’t the first time I learned this lesson, it's going to happen to your too...
Which brings us to Google earnings next week.
How This Applies to Google (Any Stock You Own – TSLA, NVDA, PLTR, HOOD)
So here we are—Google earnings are coming up next week.
You already know how this plays out.Traders are already starting to panic:
"But what if Google explodes higher? I don’t want to lose my shares!"
Listen… We bought Google at $170, right off the blue line on my chart.Just like I teach in my system.
We've sold covered calls and collars over and over (all for credits) and might get called away at $205.
But here’s the key:I don’t care if I get called away.
Why? Because I already have a plan.
✅ I can sell puts to get back in at a discount.
📌 Have you taken my free mini course on Put Selling?
✅ I can buy a few shares at a time—pyramiding back in. 📌 Did you read my blog on pyramiding?
✅ I’m locking in profits near highs and trading like a business.
📌 Do your charts look like mine?If not, download my free guide on Gumroad
This isn’t just about Google. It’s the same playbook for Tesla, Nvidia, Palantir, Robinhood—whatever stock you own.
This isn’t about luck. It’s about having a process and executing it.
What Most Traders Get Wrong
Most traders get panicked about getting called away.
“BUT WHAT IF GOOGLE GOES TO $5,000 A SHARE?!”
Come on, friends. Gimme a break. If it does, it's going without me, and that's alright!
Let the shares go. We know how to get back into stocks. (I just told you above)
Tell you what, If you get called away? Just buy back 5 or 10 shares. You still have exposure—but not an oversized emotional attachment.
Stocks Are Tools, Not Trophies
Freedom comes from shifting your mindset.
It’s okay to be called away.
✅ Buying low sounds easy—but most traders don’t actually do it.
✅ Selling high seems obvious—but emotions get in the way.
It sounds so simple: "Buy low, sell high."But if it were really that easy, everyone would be rich.
Until you have decades of experience, you can lean on me to help you skip some levels—to make trading passive and remove emotions from your decisions.
That’s why I built a system around this.
✅ Want to get paid to wait for your favorite stocks? Put Selling Mini-Course
✅ Want to cash in on stocks you already own (without emotional attachment)? Covered Call Mini-Course – Drops in March
Trade smarter. Trade profitable. That’s the $Maxwell Way.
🚀 Want to generate income on stocks you already own?
Sign up for my next free minicourse trade smarter, not harder:
Happy Trading Good Kids, -$Maxwell
This is for information and educational purposes, this is not financial advice I am not a financial advisor and the stock market has risk, you are responsible for your decisions.
Comentários