Ernie Varitimos is a stock trader and teaches people how to trade options that expire the same day. He also has a course called Zero Days To Expiration where he demystifies trading strategies from start to finish, and shares his techniques on his website Youtube channel and
You can make pretty good money as a successful options trader, but it can also be a gamble and it’s not for beginners.
Most of the people who get involved in stock options trading are in it to either make money or to protect their investments as opposed to just buying and selling stocks.
My #1 Recommendation For Making Money Online In 2024
However, with options you’re allowed to buy or sell a stock at a certain price, but you don’t have to if you don’t want to, which can help with risk or mitigate any possible losses.
For example:
- Some traders use options to kind of guess where a stock may be going to see if they can make a profit.
- Other traders use it as a way to make money from the stocks they already own without selling them.
- It’s less expensive to trade options which makes it more appealing to those with little money to invest
So, what I’d like to do in this Ernie Varitimos review is cover some of the main questions people ask about him and his course to see if we can get you to a point of deciding if trading options is a good plan for you.
We’ll also take a look at some other ways for you to invest your money for good returns in 2024.
Now, let’s get started…
Who Is Ernie Varitimos?
Ernie Varitimos is a trading coach and technology management consultant from Sharon, Massachusetts. He is pretty well-known for teaching stock traders how to trade options through his course Zero Days To Expiration, also known as 0DTE.
He also created a tool called PatternCast, which helps traders with signals for buying and selling stocks. Ernie is the chief investor at Asymmetric Advisor and the CIO of Pearl Private Equity graduating from Northeastern University in Boston, where he earned a bachelor’s degree in electrical engineering.
With many years of experience in financial technology, he worked as the chief technologist at JavaChief for 18 years and also held a position as a chief architect at Sun Microsystems.
Now, Ernie spends his time trading and helping others learn how to trade through his mentoring and coaching platform, 0-dte.com, which he founded in 2021.
What Is My Opinion Of Zero Days To Expiration?
Personally, I think that Ernie’s options trading program is OK for someone who’s already into day trading and can deal with all the high and lows that come along with the industry. But if you’re just starting out and getting your feet wet, then it can be a bit risky.
Even if you hit a big pay day, you could also lose a lot of money just as easily and that can lead to a lot of sleepless nights.
One of the key pieces of information that many of these stock gurus don’t tell you in their courses is that you could hit a dry spell of losses for weeks or even months before you hit the big one and a lot of people just don’t have the mental “stick-to-it-tiveness” to last that long.
Now, I don’t want you to get the wrong impression when I say that.
I’m not implying that Ernie is looking to scam people, because I’m sure he’s not.
And I’m also not saying that Ernie doesn’t know what he’s doing, especially given his credentials, I just want you to know that trading options isn’t as easy as you might think.
So, if you do decide to purchase his course, be sure to keep all that on the back burner.
My #1 Recommendation For Making Money Online In 2024
How Much Does His Course Cost?
Ernie’s course is broken down into 3 tiers:
- Beginner Options Course: $297
- VIP Coaching: $6,000 per year
- Lifetime Coaching: $10,000
Now, you’ll see on his site that he offers a 30-day refund policy that’s action-based. This means that you actually have to give the program the good ‘ol college try before asking for your money back. Otherwise, Ernie and his return reserve the right to deny any refunds.
This is put in place to keep people from downloading all the materials just to get their money back later.
What Do You Get Inside His Courses?
Here’s a quick run-down of what you’ll get inside Ernie’s course…
0DTE Blueprint:
- Training on 0DTE options trading: Ernie Teaches you how to trade options effectively.
- Strategies for big wins: He Focuses on how to make a lot of money quickly.
- Lessons from Ernie Varitimos: Ernie shares his knowledge through the course, his website, podcast and YouTube.
Basic Coaching:
- What To Trade: Weekly options on the final day for S&P 500, E-mini S&P futures, and NDX.
- Community: Join a Discord group to talk and learn.
- Learning: Watch live streams every day.
- Meetings: Go to weekly group chats to brainstorm.
- Resources: Get lots of insights from his Zero Days To Expiration Podcast.
Coaching For Performance:
- Lifetime Plan: You pay once and get the program forever.
- 12 Coaching Calls: Schedule these calls over time to talk one-on-one.
- Unlimited Support: Get help through email, Discord, or phone anytime.
- Personalized Coaching: The coaching is made just for you, based on your needs and goals.
- Learning Strategies: You learn methods that match how you work best.
- Moving Forward: Decide how often you want coaching calls to keep growing.
Are There Better Ways To Make Money In 2024?
Let me get straight to the point. Given the way the economy is currently, I would be a little nervous with the idea of stock options trading. Frankly, I’m just nervous about trading stocks in general, but maybe that’s just me.
I gave it a shot a few years ago, spent months learning how NOT to lose my money, studied all the charts and graphs, traded on both the SPmini futures and SPX, tried vertical credit spreads, and after 6 months my bank account still looked the same.
I guess I should be glad I didn’t lose any.
And that’s why I decided to give Digital Leasing a try, and I’m glad I did because, not only did I start making money hand over fist (to the tune of $500-$2,000 per month in passive income for each digital asset I set up), I was able to sleep like a baby at night knowing that I was helping local businesses make money too.
I can honestly say that between these two business models, Digital Leasing is much better for consistent profits.
So, if you’re curious to see why it’s my #1 choice, just click the button below.
