The outline for this options trading newsletter reviews article:
- What are some tips on choosing the right options trading service to subscribe to?
- What is swing trading?
- What is day trading?
- Is trading options really worth it?
- What are the benefits of option trading?
- Which option strategy is most profitable?
- What are the benefits of subscribing to an options newsletter?
- Different options trading newsletter reviews?
- The Empirical Collective Review
- Is Benzinga Options Newsletter worth it?
- What is The Options Strategist Newsletter?
- What is MarketWatch Options Trader?
- SteadyOptions Review
- What is the best investment newsletter and which newsletter should you trust with your hard earned investment capital?
What are some tips on choosing the right options trading service to subscribe to?
There are many different options alert services out there, but there are a few things to be aware of.
There are several different options trading service models that you could choose from. Which one will work best for you depends on your personal situation and preferences.
Some services offer advice only while others also offer trades with pre-screened brokers. Others let subscribers themselves execute trades through a website or even over the phone without any fees.
The most important thing that you can do is to define your goal.
Sometimes people just want to enjoy the markets without any need for data or research. Other times, they may be more interested in technical analysis with full access to current market data and price quotes.
Understanding what you want when looking to choose an options trading newsletter service is incredibly important.
And along those lines, one of the most important things you can do is to find an options trading newsletter that matches your trading style.
If you want to daytrade, make sure the newsletter you sign up for is all about daytrading. If you swing trade, make sure you get a service that swing trades.
To make your options trading newsletter decision-making process easier, we’ll be doing reviews of some popular options trading newsletters out there.
But before we get into the options trading newsletter reviews, let’s answer a few basic (and common) questions about options trading in general, just to ensure we’re all on the same page.
Since we brought it up, we might as well explain the difference between swing trading and day trading, as it’s crucial for you to know the difference and decide which style of trading you will be using BEFORE you think about signing up for an options trading newsletter.
What is swing trading?
Swing trade is the most popular type of trading in stocks, bonds and commodity markets.
Swing traders are traders that take positions in financial instruments for short periods of time.
The timeframe can be anywhere from just over 1 trading day, to a couple of years.
This is different than buy and hold trading (like HODL) in that you are planning on selling your position as soon as it hits a certain price target (rather than holding onto it for life).
What is day trading?
Day trading is the act of buying and selling stocks that are not held overnight.
Day traders try to capitalize on temporary mis-pricings in stocks.
That said, it’s a lot riskier than long-term investing because these short term trades do not have enough time to improve before the trader must exit their position at the end of the trading day.
Because a day trader will never hold a position overnight.
If they DO hold a position overnight, the trade has now stopped being a day trade and is now a swing trade.
Be aware, that there are certain rules that govern day trading, and your broker will require you to have a minimum $25,000 in an account before they will let you day trade.
Is trading options really worth it?
The short answer, in our opinion, is, “Yes.”
The most important thing about trading options is doing your research. It takes a lot of time to study the different patterns of volatility from individual stocks and from the market as a whole, but it’s worth putting in that work. There are some strategies that work better than others for different time frames and volatility levels, so there is no one right answer for everyone.
In case you’re wondering, “What are the benefits of option trading?”
Trading options is a great way to invest in the stock market. Not only are options trading strategies effective for minimizing risk, options are versatile enough to fit virtually any personal investing style.
Aside from this, options trades are leveraged trades. This means that your returns when compared to the amount of capital that you have invested in the trade itself can be very high. (Much higher than the returns you’d experience if you had to buy the same amount of stock outright.)
Which option strategy is most profitable?
A lot of people claim they can make about 40% return per year by selling out of the money puts or calls.
And while they claim this works well, unless you’re selling a covered position (IE if you own the underlying stock) you could face HUGE losses if the trade goes against you.
Some people have described this trade as picking up dimes in front of a steamroller.
Another downside to these trades is that you have to have a lot of capital invested in order to trade them.
So if you have a small account, your broker won’t let you sell options.
What are the benefits of subscribing to an options newsletter?
There are a number of different benefits in subscribing to an options newsletter. The main thing is the chance to have a personalized strategy so you can feel confident when trading your own account. You’ll also learn about opportunities that others might not know about, which could be where you find the next big trend before anybody else! It’s also good for making short term or longer term investments, allowing you to diversify your portfolio without having too much risk on one decision.
At the end of the day, it gives you professional advice that you can then use or ignore when making your trades.
And with thousands of stocks to go through, this is a real time saver.
And with so many people asking, “How long does it take to learn to trade options?” (Answer: 5-10years) any shortcut or tool you can use to shorten your learning curve as an option trader is a HUGE competitive advantage.
And subscribing to an option newsletter so you can see how the pros trade is an excellent way of leveling up your trading, without the huge opportunity cost of having to figure everything out on your own.
We’ll cover 5 different options trading newsletter reviews by looking into the following services:
- The Empirical Collective Review
- Is Benzinga options newsletter worth it?
- What is The Options Strategist Newsletter?
- What is MarketWatch Options Trader?
- SteadyOptions Review
The Empirical Collective Review
The Empirical Collective provides option trade alerts to help it’s members generate cash flow. Most trades are held between a few days and a few months, so they are definitely a swing trade alert service.
They post an average of about 3 trades per week and have a high average win rate – with win rates as high as 95.918%.
In addition to providing option trade alerts, The Empirical Collective also provides its members with exclusive stock pick advisory insight aimed at catching stocks with 10-1000x. These are stock picks that have a longer time frame between 1-18 months.
As we mentioned earlier, The Empirical Collective only BUYS options. They don’t sell them like many of the other options alert services out there. You can see more about their service here.
Is Benzinga options newsletter worth it?
The Benzinga Options Newsletter is a newsletter, published twice per month for traders interested in stock options.
They focus on short put sales, bullish put spreads, calendar spreads and more other option selling trades like that.
As far as whether it’s worth it or not, that depends on what type of investor you are.
If you are a long term, buy and hold investor then yes, I think it’s worth it.
If you’re trying to find the next stock that will explode in value, or trades that you can consistently cash in for double digit returns to generate income, then the Benzinga options newsletter isn’t for you.
That said, it can provide an excellent starting point for traders looking for daily trade ideas or trends market sentiment analysis – all good things for any good trader.
What is The Options Strategist Newsletter?
The Options Strategist Newsletter sells stock option trades in their subscription service that is designed to dramatically increase profits.
The Options Strategist Newsletter, or OTSN is a monthly journal that shares stock options trade ideas with investors.
The newsletter has been in publication since 2010 and provides the following benefits:
- Access to highly profitable opportunities for trading stocks
- Access to timeframes that suit your trading objective
- Email alerts when new trade ideas are published online.
What is MarketWatch Options Trader?
The MarketWatch Options Trader is a daily options trading newsletter for options traders.
The newsletter focuses on weekly options and options strategies aimed at investors with a long term investment strategy.
Their option trading recommendations are published seven days per week, every morning except Sunday.
SteadyOptions Review
SteadyOptions is an options trading newsletter that publishes options alerts for subscribers, who are able to take the signals or not.
Their options advice tends to focus on options strategies used by professional options traders.
They give about 10-15 trades per month and their trades aren’t held very long – making them almost a daytrading service.
Of course, of all the companies we’ve looked into, there’s no company that received as bad an online review as the one we saw in our base camp trading review.
What is the best investment newsletter and which newsletter should you trust with your hard-earned investment capital?
When you add it all up, with a membership inside The Empirical Collective including 2 different trade alert programs for the same price, it gives them the edge on value when compared to other option trading alerts newsletters.
For this reason, we feel that a membership inside The Empirical Collective is the top choice for the best options trading newsletter.