PYRAMID INTO YOUR POSITIONS
You do not have to buy 100 shares all at once. You just need a plan to get there.
This lesson covers the three ways to pyramid into a position and the one question you have to answer before you sell any put.
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Three ways to build to 100 shares
By Levels. Add shares at key support zones as the stock proves itself. Let the chart confirm before you size up.
By Time. Add a set number of shares every week or every month. Consistent, disciplined, and it removes emotion from the process.
Via Puts. Sell cash-secured puts at your target price. You get paid to wait. If assigned, you own shares at the price you chose.
The casino mindset
Know the math before the game starts. Instead of buying 100 shares at market price, sell a put at a support level. If assigned, you own 50 shares at a discount. Next cycle, sell another put one strike lower. Now you have 100 shares at a better average cost than if you had bought all at once on day one. And you got paid premium both times.
The golden rule
Before you sell any put, ask yourself one question: if I get assigned, am I okay owning 100 shares at this price?
Yes — sell the put. No — pick a different strike or a different stock.
✅ ACTION STEP: Pick one position you want to build to 100 shares. Write down your method — levels, time, or puts. Write down your first entry target. If using puts, write the strike you would target and why.
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