@ernietheplutus: How to get out of investments where you are losing money. Rather than cutting losses, which sometimes might be the best decision, or holding onto it forever for you to breakeven, use my option strategy to lower my cost basis accumulate more shares at a cheaper price so that I can exit making a lot more money. #financialfreedom #investing #learntoinvest #optionstrategy #tradingstrategy #nolosses
Ernie is there a spread you can recommend for me to use as a template? Something not complicated 😂
2025-01-04 10:37:27
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Steevo :
wait. if you're selling the $11 calls, they can take all 8500 shares away from you if the price goes up by only a few cents.
am I wrong?
2025-01-05 02:05:21
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frenchieislife___ :
so you mean Average cost basics? what's the difference?
2025-01-21 02:28:12
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Jonathan :
I appreciate you Ernie!
2025-01-04 04:16:02
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Hala :
Hi Ernie, what stocks do you recommend to purchase to start implementing this technique?
2025-01-07 06:24:36
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kl :
Hi, how do you decide which strike price to sell your CC at? And if the option gets exercised, would u then buy the stock or ETF again at a higher price than what you originally paid?
2025-04-13 17:29:11
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Spainhourr :
Thank you so much Ernie. When you receive the premium as an est credit, do you see that in your account immediately where you can purchase more shares same day?
2025-01-17 15:12:50
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AdkGirl123 :
I did it today for the first time- I let mine get called away and Ill but puts Monday! repeat!
2025-01-04 00:19:00
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laylow_w :
💪💪💪
2025-12-20 06:11:37
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CANADALIFE % :
😁
2025-01-16 08:45:24
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Adam Barragan :
😆
2025-01-16 06:50:59
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Webuytruckloads :
I think people don’t do this strategy because they’re worried about being called away. For example your cost basis is $14 strike is $11. Then called away loss $3/share. That’s the risk.
2025-01-03 21:13:55
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Cesar.223 :
Nu has been kicking my ass forever. I’ll have to implement this strategy
2025-01-03 18:57:35
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Keepitsimple84 :
Hi Ernie, I read in some of the other comments that you mentioned rolling the call to avoid being called at the loss. But in my experience rolling is very expensive and only worked if they price increased so much that it’s more profitable by doing so otherwise it’s even more money being lost
2025-01-04 01:44:45
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paulieplove :
🙄🙄🙄
2025-03-05 18:27:59
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