Abundantly Erica Review: Trading Profits or Portfolio Blowout?
Quick Verdict: Proceed with Extreme Caution
Is Abundantly Erica Legit? Our forensic analysis suggests that while Abundantly Erica (Erica Chadwick) claims massive monthly returns, the portfolio appears dangerously leveraged.
Public data indicates a standard 5% market correction may have caused a $100,000 (28%) drawdown in her account, potentially triggering a margin maintenance requirement or forced liquidation. Furthermore, Illinois state records reveal her “retired” status is contradicted by an Active corporation filing where she serves as President.
For sustainable wealth, we recommend avoiding high-leverage gambling in favor of high-probability option strategies.
If you follow “FinTwit” or financial YouTube, you’ve likely seen Abundantly Erica (Erica Chadwick). Her channel, womenoptionswin, promotes a lifestyle of “retired” luxury, claiming she makes “well over $50k per month trading” options.
However, her missing November update and a deep dive into her portfolio math suggest a much darker reality: a portfolio that appears to be in a precarious financial position.
The Missing November Update: Did Abundantly Erica Quit?
As of the writing of this blog post, Erica’s last major portfolio update was October 20th.
As of late November, the channel has gone silent on performance. The reason is likely mathematical. Between her last update and late November, the S&P 500 experienced a standard 5% correction. In a responsible portfolio, this is a non-event.
However, in a portfolio leveraged with LEAPS and aggressive short puts on volatile “meme” stocks like ASTS and IONQ, such a move can be catastrophic. This highlights the danger of many high-risk trading schemes that rely on bull markets to hide flawed risk management.
Portfolio Audit: The Alleged $100,000 Drawdown
By analyzing the positions Erica shared in her October video, we can estimate her current Net Liquidation Value (NLV). On a pro-forma basis, mathematical modeling suggests her account likely suffered a $90,000 to $100,000 loss due to this minor 5% market pullback.
1. The ASTS (AST SpaceMobile) Trap
Erica reported holding 700 shares of ASTS. During the November lows, the stock hit roughly $49.31. This position alone likely slashed her NLV by approximately $25,000. When you factor in her long-dated LEAPS—which lose value rapidly as the underlying stock craters—the losses multiply significantly.
2. IONQ and the Margin Trap
Holding 700 shares of IONQ at an entry near $60 while the stock fell to the $38-$40 range resulted in a realized and unrealized disaster.
For a trader using Regulation T margin, a drop like this doesn’t just lose money—it can evaporate buying power and lead to forced liquidation.
Public Records vs. Reality: The “Retired” Myth
A central pillar of the Erica Chadwick brand is that she is “retired” and trades for a living. However, public business filings in the State of Illinois suggest a discrepancy.
Public records for ETC. CREATIVE, INC. (File #64637827) show the corporation is Active as of late 2024/2025.
The filing lists Erica Chadwick as the “Principal Agent”, with a business address in Evanston, IL.
Why claim to be retired if you are the active President of a talent agency?
Transparency is the first casualty of the “Guru” business model.
Erica Chadwick also claims to offer a “Millionaire Mentor” program yet upon information and belief, she lives in a modest apartment at 1404 Seward St. Apt 1, Evanston, IL 60202
Addressing the Legal Threats: Copyright Trolling
Erica has publicly threatened critics (including my BestStockStrategy YouTube channel) with “copyright infringement” lawsuits, claiming she worked in image licensing and “always won.”
Erica Chadwick also posts on X.com, claiming a $450k profit.
She also claims to make “well over 50K per month trading”.
We question the mathematical feasibility of making “well over 50K per month trading” if a 5% correction could have forced her into a margin call (or potentially triggering a margin maintenance requirement / forced liquidation)?
The Fact Check: A search of Cook County, Illinois court records shows no evidence of these constant litigation wins.
Furthermore, in the world of financial reviews, Fair Use allows for the sampling of content for the purpose of criticism and education.
We have faced similar threats from Warrior Trading review and Raging Bull.
Both of those entities were eventually investigated and sued by the Federal Trade Commission (FTC) for misleading consumers.
We have also litigated with Warrior Trading and requested Discovery, prompting them to run to the judge to request a protective order.
In my opinion, if Erica Chadwick / Abundantly Erica were to go through the “Discovery” process; it would not support her claim of making “well over $50K per month trading”.
Abundantly Erica’s Net Worth and Real Name
Abundantly Erica’s real name is Erica Chadwick.
I would estimate that her net worth is around $700,000, primarily from operating her business, ETC. Creative, Inc. and from teaching her members how to trade options.
In my opinion, I don’t believe she’s a profitable trader.
A Better Way: The “Financed Bull” Strategy
Losing 28% of your account on a 5% market dip is not “investing” – it is gambling with a ticking time bomb. You do not need to trade 8 different accounts or hold volatile “meme” stock LEAPS to achieve financial freedom.
At BestStockStrategy, we focus on the “Financed Bull” strategy. By buying call debit spreads and financing them by selling naked puts at prices where you actually want to own the stock, you can participate in the upside for “free” while maintaining mathematically superior risk management.
Stop Gambling. Start Winning
Don’t let a 5% market correction wipe out your year. Learn the strategy that prioritizes capital preservation and consistent wins.
Get the “Financed Bull” Strategy (14-Day Trial)- Win Up to 98% of Your Trades
Important Consumer Resources
If you feel you have been misled by a financial “guru” or trading course, you should contact the relevant authorities to report deceptive advertising:
- Federal Trade Commission: Report Guru Fraud to the FTC
- Illinois Attorney General: File a Consumer Complaint (Illinois)
- Find Your State AG: USA.Gov Find Your State Attorneys General
About the Author David Jaffee
I (David Jaffee) help people become consistently profitable traders while minimizing risk. Learn more about our live trade alerts and courses. I graduated from an Ivy League University and worked at some of Wall Street's most successful investment banks. Subscribe to my YouTube channel for valuable videos - BestStockStrategy YouTube Channel. My personal website is DavidJaffee.com.
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