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The Options Trading Alerts Service You Need to Know About & What These Trade Services Provide

The Most Popular Options Trading Alert Services

 

best options trading alert service

 

The Empirical Collective – Interesting Options Trade Service With Great Trade Alerts, Interesting Alternative Data

The Empirical Collective is a relatively new company when compared to other household names like The Motley Fool among others.

Their trade alerts have a great win rate and offer options swing trade alerts.

In addition to that, they offer some very interesting data that their members can use to screen or reinforce their own trade ideas.

From tracking the stock trades made by government & inside traders, to checking the interwebs to see the social sentiment of various stocks, they have a unique collection of data.

In addition to that, their membership is probably the least expensive we’ve seen among their competitors.

Their membership works out to be just over $20/month, with the majority of their competitors charging well over $100/month.

So that’s really great value as far as we’re concerned. You can check them out here.

 

 

 

motley foolThe Motley Fool – Big Name, Bad Results

The Motley Fool is a big name in the world of investment and stock trading. However, this does not mean that they are your best option.

In fact, their Options Alert Service has been criticized by many for its poor results.

That aside, their educational section – Options U – is great.

But even with the education provided, users have only managed to achieve a 50% win rate – making their service far from ideal.

Another downside to using The Motley Fool’s service is that alerts only come out every month or so.

For most, this just isn’t nearly enough trading action, as much of their competition offers 3-5 trade alerts per week.

Finally, the subscription costs around $999 a year, making it pretty expensive when you compare them to the competition.

You can visit the Motley Fool here.

 

Options Trading Alerts Service

 

 

Optionsonar – Good Research Capabilities

Optionsonar is a service that offers options trading alerts and stock analysis.

While it doesn’t offer specific trade alerts, it does have some good research capabilities.

The service’s scanner analyzes large moves in the market to help identify institutional investors’ trades.

And this kind of information can be very helpful for options traders who are looking to piggyback on big moves.

The service has a good options block trade screener as well as an order flow screener. These features allow users to find potential opportunities in the market by analyzing how institutions are trading.

As we’ve already mentioned, Optionsonar does not offer specific trade alerts.

But it does have a useful watch list tool to track the options activity tied to certain stocks.

The watch list can be filtered by expiration date, strike price, and volume so that traders can stay up-to-date on what is happening in the market.

The alerts sent out can be delivered as push notifications, text messages, and emails. They are meant to give users information about unusual trading activity but not advice on what action they should take.

Optionsonar has a steep price tag, but is a good option for seasoned traders who want access to detailed research data.

For more, you can visit optionsonar here.

Market Chameleon – Good for Experienced Traders

Market Chameleon is a professional options trading service, with many tools that are designed for experienced traders.

It has an unusual volume scanner tool that lets you know which stocks are seeing above-average options activity.

The order flow screener allows you to gauge market sentiment based on concrete data rather than your own speculation or gut feeling.

But with that said, it’s not particularly user-friendly and doesn’t offer much in the way of education or support to help traders understand how their strategies are doing over time.

They’re also noted as using pretty aggressive upselling techniques and charges $1188 for their service.

You can see Market Chameleon here.

options trading service

⚠️ What is an Options Trading Alert Service?

Options Trading Service Types

There are three types of options trading alert services:

  • Options picking services give you their trading ideas daily or weekly.
  • Trading alert services offer trade suggestions for a specific time period in advance – usually one day’s worth of trades. With a service like this, they will often publish a “watch list” of sorts.
  • An options trading alert service is a tool that sends out automated recommendations on which contracts to buy and sell.

The best of these services have strong records and are intended to be used in addition to the traders’ own strategies, with the goal of increasing gains and saving them a tonne of time while helping them find new trading opportunities.

🛠️ How Options Trading Alert Services Work

How to Use an Options Trading Alert Service

A vast majority of options trading alert services function as web-based platforms. This means that you can access them from any device with an internet connection.

As far as the alerts themselves go, they are usually delivered by SMS/Text messages, emails, or push notifications.

This gives traders a lot of flexibility when it comes to how they receive information about potential trades.

Most services will allow their members to receive more than one style of alert for each trade.

📈 How Trading Alerts Can Help You

When you’re trading options, it’s important to have every possible advantage you can get. That’s where trading alerts come in. Trading alerts can help you increase your returns in a few different ways: they can make the process of finding & trading options easier, they can help increase your returns with their experience, and they can save time & effort where you don’t have to try to find all the potential trade set ups yourself.

For new traders, this is often especially important.

Trading options is complex, and it takes a lot of effort to learn how to do it well. Using a trading alert service allows them to focus on developing skills without having to worry about researching individual trades and then executing them successfully.

You’ll have more time to learn the basics of option trading, so that in the long-term you can become successful on your own.

Trading alerts also have another big benefit: they allow you to learn from your mistakes.

When you’re using an alert service, you’ll start to see similarities and patterns in your trades. This makes it easier for you to understand what works (and what doesn’t) when trading options.

With this knowledge, you’ll be able to improve your success rate over time by making better choices about which trades you should be placing.

🤔 What to Expect from an Options Trading Alert Service

When you’re looking for an options trading alert service, it’s important to keep your expectations in check.

Remember that these services are by no means a get-rich-quick scheme.

While most are legitimate and successful, they will never be 100% correct so it’s important that you use proper trade management and cut your losses when a trade goes against your personal level of acceptable loss.

The most valuable thing about an options trading alert service is that they give you a chance to jumpstart your learning process.

By studying the alerts that these services provide, you’ll learn how to spot good trade set ups and make sound investment decisions on your own.

Just remember that no service is perfect, so always read the reviews before signing up! If you want a little more information on finding the best option alert service just click the link to see a review article we recently did.

best option alert service

Trading Alert Service FAQs

What are Trading Alerts?

Trading alerts are notifications that are sent to an investor's phone or email when a specific trade is placed. Trading companies share their alerts with others to help them learn as well.

How does the Trading Alert Service work?

The Trading Alert Service is completely automated & there is really no user input that is necessary. Once you sign up for the service, you should be able to add your cell phone number and email address & start getting trade alerts right away.

What kind of events can I choose from?

Depending on what your trading platform allows, there are many different types of events that you can choose from, including earnings releases, dividends, analyst ratings changes, and more. You can select whichever events you find most relevant and important to your trading strategy.

What is the best stock alert service?

The Empirical Collective offers the best stock option trade alerts. They simply offer more value for the money when compared to any other trading service.

How do you read option alerts?

Option alerts from The Empirical Collective come in this form: New Trade Alert: TXN Call Strike: $155 Entry Price: $4.60 Expiring: 07/15/2022 Target Price: $6.00 And: Closing Trade Alert: TXN Call Strike: $155 Expiring: 07/15/2022 Closed at: $6.40 For Profit: +39.13% Of course every alert system is different, and they may not include all of the explanatory details listed above.

How do I get alerts on options?

Essentially you just sign up for a trade service and they will start sending you their trade alerts. If you don't have a membership, you might be able to set certain price alerts inside your trading broker's software that will let you know when the price of a stock or option reaches a certain price level.

Are trade alerts worth it?

Yes. Trade alerts can be a really valuable tool to help you learn the market and get some successful trades under your belt. Which is important to develop some confidence in your trading and keep you motivated to continue learning how to effectively trade options.

What are options signals?

Option signals are a type of financial signal that indicate the likelihood of a particular event taking place. They are often used by traders to help predict future stock prices. There are many different types of option signals, but some of the most common include trend indicators, oscillators, and volume indicators. Each signal has its own unique strengths and weaknesses, so it's important to use a variety of different signals when making trading decisions.

What is the best option Alert Service?

The best option alert service is The Empirical Collective. While other companies charge well over $100/month for access to their trade alerts and data, The Empirical Collective's membership price is just over $20/month. And their trade wins are pretty impressive as well.

Is a call sweep near the ask bullish or bearish?

If you're seeing a call sweep near the ask, that's generally considered a bullish signal. This often indicates that the buyer wants in and is willing to pay a premium by purchasing at or very close to the Ask, rather than trying to buy in cheaper closer to the bid price.

How does selling call options work?

When you sell a call option, you are giving somebody the right, but not the obligation, to buy a certain number of shares of the underlying stock from you at a certain price (the strike price) by a certain date (the expiration date). You receive a premium for selling the call option. This is the amount of money that the buyer pays you for granting them this right. If the buyer decides to exercise their right to buy shares of the stock from you, they will do so at the strike price. You will then be obligated to sell them shares of the stock at that price. If the stock is trading above the strike price at expiration, then your option will expire worthless and you will keep the premium.

benzinga pro

Options Intelligence Reviews: Does Their Options Trading Service Deliver Wins or Losses?

Options Intelligence Reviews: Does Their Options Trading Service Deliver Wins or Losses?

If you’re searching for a company to send you option alerts – and you’re wanting an options intelligence review – you’ve come to the right place, as we did a deep dive on them to find out if they’re a decent choice.

Spoiler Alert: The reviews weren’t great.

“Useless in a Bear Market and My Options Trading was Disabled by Robinhood Due to Poor Performance”

Let’s be honest – the best reviews on products come from past users.

So with that in mind, we trolled through a number of online review sites that had reviews about Options Intelligence.

None of the reviews we found painted a very positive picture for Options Intelligence (OI).

In fact, a review posted by Daniel G. had this to say:

“OI was useless in a bear market and my options trading was disabled by Robinhood due to poor performance.”

Daniel G, claims to have over six years of experience trading options, found this out the hard way when he tried to trade calls on OI during the last monthly report. All of his calls expired worthless, costing him money that he could have otherwise made if he had followed more sensible advice.

On top of that, he found the company’s website is difficult to navigate and their customer service leaving much to be desired; where it can often take quite some time to get help logging in or retrieving alerts from their site.

He went on to say that they used Twitter to deliver their trade alerts, but only provided a link to view the trade, so then you had to login to view the trade details.

Options Intelligence Reviews

On other sites, past users felt that Option Intelligence provided an OK service, but that the number of alerts it issues can be unrealistic.

Users also reported they make errors and typos which are very aggravating. For example, their last monthly report had 6 calls–all of which expired worthless.

“The advertised return figures are fake”

options trading strategies blogNow, with all options alert services they are going to show you their best returns. That’s just how sales & marketing works.

Of course, they can never guarantee that they will be able to always hit those same figures as nobody can guarantee market returns.

And this is where a lot of potential customers get tripped up – they will often take the past advertised trade wins as a guarantee of what will happen in the future.

With most companies, they will have a disclaimer that says something along the lines of “Past performance does not guarantee future returns.”

This is pretty standard.

So the only way to determine whether the company is good or not is to try out their trade alerts.

And based on the feedback and reviews from previous users, it would seem that Options Intelligence isn’t very good.

 

Conclusion & Final Thoughts on Options Intelligence

Based on the user reviews, we would have to say that you should avoid Options Intelligence.

They offer 2 different options trading services that cost $149 per month each. If you buy both, you can sign up for $249 per month.

And that seems extremely high given that the reviews we found weren’t positive.

In all, you’d be better off signing up for a much less expensive option trade alert membership that offers better trade results.

One service you should look into is The Empirical Collective, who offer great option trade alerts as well as access to a number of very interested trading tools with their membership. You can check them out here if you’re interested.

 

options intelligence reviews

 

People who searched for options intelligence reviews were also interested in these questions as well

Who has the best options trading advisory service?

Who has the best options trading advisory service?

The Empirical Collective. Their options trading advisory service is the best because they use a data-driven approach to options trading that has been proven to be successful. The Empirical Collective is a data-driven investment firm that uses machine learning algorithms to help their clients make informed investment decisions. Their approach has been proven to be successful, and they have a track record of outperforming the market. If you're looking for an options trading advisory service that will help you achieve your financial goals, then The Empirical Collective is the best option available.

Does anyone make money on options?

Does anyone make money on options

Yes. In fact, many professional traders and investors rely heavily on options to generate income, enhance their returns or hedge some of their holdings. Options can be very complex instruments, and there is a lot of potential for loss as well as gain. That said, with a bit of patience and practice (or by following the trades of more experienced traders like those found inside The Empirical Collective), it is possible to become quite proficient in trading options and reap the rewards that they offer.

Is it worth it to learn options trading?

Is it worth it to learn options trading?

Yes, it is definitely worth it to learn options trading. Not only can you make a lot of money with options trading, but you can also use it to protect your portfolio from downside risk.

Which website is good for option trading?

Which website is good for option trading

If you're looking for a website that's good for option trading, The Empirical Collective is a great choice. Their trade alerts & trading tools provide data to help you make better-informed decisions when it comes to options trading.

Is benzinga any good?

Is benzinga any good

It can be good, but it can also be very expensive. Benzinga is a financial news and data service that provides real-time quotes, news, analysis, and information on stocks, options, commodities, and currencies. It's generally geared towards day traders and other active investors. If you're looking for reliable information to help you make informed investment decisions, then Benzinga is a good resource. However, if you're just starting out and aren't familiar with the terminology or concepts involved in trading stocks or other investments, then it may be best to stick with more beginner-friendly resources until you've got a better understanding of what you're doing.

Can options trading make you rich?

Can options trading make you rich

Yes, options trading can make you rich – but it's not as easy as it looks. In order to become successful at options trading, you need to learn about the basics of the market and how to trade options successfully. You also need to have a well-developed risk management strategy in place. You can help speed up the process by following the trades of a more experienced trader when you start. If you're willing to put in the time and effort required to learn about the market and how to trade options, then you can certainly become a successful options trader. However, it's important to remember that there is no guarantee of success, and losses can occur even in the best of trades. So always trade with caution and never invest more than you're willing to lose.

Is options trading just gambling?

Is options trading just gambling

No, options trading is not just gambling. Here's why: When you gamble, you're simply placing a bet and hoping that luck is on your side. You might get lucky and win, but in the long run, the odds are always going to be stacked against you. With options trading, on the other hand, you're making trades based on a clear understanding of the underlying asset and its historic price movements. You might not always make money on every trade, but over time, your skill and knowledge will give you an edge that will lead to profitability.

Are options safer than stocks?

Are options safer than stocks

There is no right answer to this question, as it depends on each individual investor's risk tolerance and goals. However, in general, options tend to be less risky than stocks because you don't have to put as much capital at risk. With options, you can control a larger number of shares for a lower price, so your potential loss is limited. Additionally, because options are a derivatives market, they are often more liquid than stocks, meaning you can get in and out of trades more easily.

Can you make a living trading options?

Can you make a living trading options

Yes, you can make a living trading options. In fact, many people do just that. Options are a versatile tool that can be used to help execute a variety of trading strategies. And while they can be complex, with the right education and experience it's possible to use them to generate consistent profits. That said, it's important to remember that options trading is not without risk. So before starting out, it's important to gain a good understanding of how they work and only trade with money that you're comfortable losing.

How do you succeed in options trading?

How do you succeed in options trading

If you're just starting out, there are a few basic things you can do to succeed in options trading: Follow the trades of an advisor. By copying the trades of an experienced and successful trader, you'll increase your chances of making money. Manage your risk. Don't invest more money than you're comfortable losing, and make sure to set stop losses so that you don't lose too much if the trade goes against you. Be prepared to lose money. Options trading is a high-risk investment, and not everyone succeeds at it. Don't invest more money than you can afford to lose, and be prepared for losses. It's all part of the game.

Is options trading easy to learn?

Is options trading easy to learn

Yes, options trading is relatively easy to learn; it just takes time and dedication. However, the reason many people fail when learning options trading is because they give up too soon. It's important to remember that there is no such thing as a get-rich-quick scheme in options trading – it takes time and hard work to achieve success. That being said, with a basic understanding of how options work and some practice, you can be successful in trading options. The key is to find a good strategy that matches your personality and risk tolerance, and then stick with it. Remember, don't trade more than you can afford to lose, and following the trades of a more experienced professional can really help you learn the process.

If you’re looking for other options trading reviews, make sure you read our article we wrote on  right way options reviews or our options trading newsletter reviews article.

Options Basics for Beginners : Avoid Being a Degen & Learn About Call and Put Options 🎥

Options Basics for Beginners : Avoid Being a Degen & Learn About Call and Put Options 🎥

Today in this video on options basics for beginners, I’m going to show you how to avoid becoming like this degenerate gambler.

Hi…it’s Minister of Capitalism here and in this video on options basics for beginners, I’m going to go explain what call and put options are and I’ll show you specific examples to make sure everything it totally clear.

And then I’m going to show you how degenerative gamblers – uhhh, i mean degenerative gamblers, uhhh i mean degenerative gamblers ah! I mean degenerative OPTIONS TRADERS get sucked into buying the wrong options.

But I’m not here to judge. Even though according to the stock platform Etoro – I’m sure they’re completely reputable and above board… anyways pause Etoro found that a whopping 80% of new traders lose money.

But you’re here to learn about options BEFORE you trade….so you’re already doing better than most of the new traders out there who watch a YouTube video and throw their money in the ring.

But before we continue, I was told by some YouTube guru that I should ask you to – in his words – “smash” the subscribe notification or whatever.

Apparently that helps you get noticed in a sea of a billion other YouTube videos.

But who really knows…

Anyways, let’s get into this.

Let’s start this options trading video by explaining what – exactly – an option is.

Simply defined, an option is a contract that gives you the right to buy or sell a stock at a certain price, on or before a certain date.

The “certain price” is called the strike price and the “certain date” is called the expiration date.

They look like this when spotted in their natural habitat which is called an options chain:

An Options’ Natural Habitat

Speaking of natural habitat, working from home sometimes feels like being sent to solitary confinement inside a low security prison.

Sure, you can leave if you want to….but you don’t get to see anyone.

And they monitor everything you do, so you can’t just duck out and chat with the pretty receptionist like you used to.

Ahhh, the good old days.

I’ve resorted to doing push ups to break up the day, except I’m getting a little top heavy now.

I might have to do something about that.

Getting Back On Topic…

Anyways, getting back to the subject at hand…. there are two types of options contracts you can buy and they are: call and put options.

Calls give you the right – but not the obligation – to buy a stock at a certain price (remember that’s the strike price) at or before the expiration date.

Puts are just the opposite, as they give you the right – but not the obligation – to sell a stock at a certain price at or before the expiration date.

To keep things simple here, we’re only going to talk about buying options right now. Maybe in a future video we’ll talk about selling options.

Now it’s time to look at an example.

So here I’ve pulled up the list of available options for Tesla. Because, well, everyone seems to love Tesla.

The Options Chain

Remember, this list of all the available options for a stock is called an options chain.

Here we can see the Calls on the left hand side and the Puts on the right hand side, with the Strike price in the middle.

Remember, the strike is the agreed upon price.

In the case of Calls, the strike is the price you think the the stock will be at or above when it reaches the expiration date.

So when you buy a call, you’re betting that the stock’s price will jump higher than the strike.

On the other hand, if you buy a put, you’re betting that the stock’s price will fall below the strike by the time the expiration date is reached.

If you buy calls and the price of the stock jumps above the strike, your trade is referred to as being “in the money.”

If you buy puts and the price of the stock falls below the strike, your trade is “in the money.”

And being in the money is what you’re after.

It’s what dreams are made of.

It’s a magical place… where – to quote Nicholas Cage from the movie “Gone in 60 seconds”: “Champagne falls from the heavens, doors open and velvet ropes part.”

Basically you get a few extra coins that you can throw into your swimming pool full of gold.

Crickets.

Ok, so you want all your trades to be in the money.

That’s the goal

Now, if your trade is NOT in the money when the expiration date hits, you lose the money you paid for the option contract.

The money that you pay for the option contract is called the premium, and the premium is the value on the options chain where it shows the Bid and ask price.

Call Your Broker

Now, exactly how options are settled when they’re in the money at expiration can vary from broker to broker – so you’ll want to look into that.

Generally speaking, if you don’t close a call option that’s in the money before it expires, you’re going to have to buy 100 shares of that stock for each contract you’ve bought.

If you don’t have the money in your account to do this, some brokers will automatically settle everything for you and charge you a fee.

If you bought a put contract, you’d end up being short 100 shares of the stock.

Again, your broker may close this out for you for a fee (No… no broker does anything for free. It’s always for fee.) but as I mentioned it’s important for you to understand how your broker will handle this situation or you can avoid all of that and make sure to close any options that are in the money have BEFORE they expire.

At this point of our basics of options trading for beginners video, you now know what call and put options are, what the strike price and expiration dates are, what the premium is, and you know that options all live inside what’s called an options chain.

Congratulations, you now know more about options
than half the degenerate traders out there

So why would you use options instead of just buying or shorting stock?

That’s a great question. And I’m glad you asked it.

The advantage of buying options over stocks is that options are leveraged.

Don’t forget, I promised to show you how degenerative OPTIONS TRADERS get sucked into buying the wrong options – that’s coming up soon – but for now you need to know that options are leveraged…. and that’s a big part of how they get sucked in.

The important thing to keep in mind is that each option contract typically controls 100 shares of stock.

So, if we go back to the Tesla options chain, this price here is what you would pay for each of the 100 shares you would control if you bought this Tesla call.

For example’s sake, let’s say you bought 1 Call contract at the 725 strike price for $17.56.

This would cost you $1756.

Now, if you had to buy 100 shares of Tesla while they’re trading at $729.49 each, that would cost you $72949.

You can see how much cheaper it is to buy 1 options contract than 100 shares of Tesla.

That’s the upside.

The downside is that if you buy an option contract and it doesn’t end up in the money, you would lose your $1756, whereas if you bought the shares of Tesla and the stock fell in value, you would still own them even if they dropped in price.

Sooo, when would you want to trade options?

So, as we’re going over the basics of options trading for beginners, this begs the question… when would you want to trade options?

Typically you would buy options if there is some event that you think is going to move the stock in a certain direction BEFORE a certain date.

For example, if you feel a stock has been unfairly beaten down, and you think it’s ready to bounce back up to a previous level within a month, rather than buying the stock, you could simply buy an options contract for a fraction of the cost.

Or you could buy options if a company is close to releasing their yearly earnings and you think the stock will move in a certain direction.

Or maybe you have a feeling that a pizza company’s founder is going to make a racist remark on an upcoming conference call and the stock will plummet.

Oh, wait. That happened.

Ok Instead of a hypothetical, let’s say that you think the majority of people on Wallstreetbets are a bunch of degenerates, and that they’re wrong most of the time.

You could head over to the Wallstreetbets reddit page, and see what the general consensus is on some stocks they’re talking about.

Or if you have access to a system that tracks this kind of thing you could look at that.

I’ve got access to one inside The Empirical Collective dot com, so I’ll login there.

Here they track over 7 different reddit boards that have over 19 million traders in them, analyze the posts and come up with the general sentiment of what the reddit degens think will happen.

So if you think everyone inside Wallstreet bets are a bunch of idiots, you could inverse their recommendations.

So if they are bullish on a certain stock, you could buy puts. Or if they are bearish, you could buy calls.

Of course, this isn’t financial advice and you probably want to do more due diligence on a trade than just this…but just for an example of how you can use call and put options, you get the idea.

Ok enough about Wallstreet bets

How about another example?

Say you love Tesla and have a lot of shares but you think that the price will go down.

Maybe you have the sneaking feeling that Elon Musk will go on the Joe Rogan show and smoke a joint, causing the share price to drop.

Oh, wait that already happened.

Ok, maybe you think Elon Musk will buy a huge social media company like Twitter, and shares of Tesla will crater 20%.

No, no… that’ happened too.

Well, regardless of the reason, because you adore Elon Musk, you can’t bear the thought of selling your shares.

So, instead of selling your beloved Tesla stock you could buy a put at a certain strike to protect yourself…. in case your premonition of Musk rocking the boat comes true.

To do this, if you owned 100 shares of Tesla, you would buy 1 put contract at the strike you think Tesla stock might fall below. (remember 1 option contract typically controls 100 shares)

Then if Tesla fell from grace below that strike, the money you made from the puts would help offset the drop in price on the shares of Tesla you hold.

Now, I promised you that I’d explain how degenerative OPTIONS TRADERS
get sucked into buying the wrong options.

It starts innocently enough, with a beginning option trader looking over the premium (remember the premium is the cost of the options contract) of a stock.

But as their eyes begin to wander to strike prices that are further and further out of the money, they notice that the option premium becomes cheaper and cheaper.

Shaking with excitement, they think, “Look at how cheap those are!”

Soon they find themselves drawn to a website like options profit calculator dot com where they start plugging in their trade ideas and fantasizing how much they’ll make.

They usually start by picking a stock or ETF that they think will move a lot.

Let’s say that they think the market will absolutely crash within a month.

Maybe they heard Jim Cramer screaming on CNBC that the market has been unfairly beaten down and that it’s about to rise from the ashes.

And as any seasoned degenerate knows, if Slippin’ Jimmy says something’s about to happen…. the best bet is to do the exact opposite.

This trade is affectionately referred to as The Inverse Cramer technique.

Cramer’s Kiss of Death

So the trader’s conviction is now sealed by Cramer’s kiss of death on the market, they head over to options profit calculator dot com and look up ticker SPY for the spider s&p 500 ETF.

Once there, they pull up the option chain for an expiration date about one month from today’s date and start looking over the puts once they’ve put in a price range for SPY to drop.

Breaking into a cold sweat, they start seeing all the profit they could make if their out of the money option ended up in the money.

They see how they could could turn $186 into $7581 in a month, all because Jim Cramer said something was about to go up.

Thanks Jimmy!

Suddenly, they start thinking of how they could finally buy that grilled cheese sandwich with the face of Virgin Mary.

Or maybe they go dark and start thinking of how they could buy some advertising for a fake job that painted their boss in a chauvinistic light, saying that he was looking for a waitress that could just “as easily be in a bikini on beach spinning heads” before topping it off by having a glitterbomb delivered to their boss’ home address.

No… nobody would ever do that

But you get the idea: this newly minted degen got sucked in when they saw how cheap the out of the money options are and what the potential payoff could be.

Hmmm…. but you have to admit. Those puts are really cheap. And its already dropped almost 18% since the start of the year….and all the news out there is bad…so if it dropped another 20%…..you’d make

Of course nobody but a gambler would think like that…

Of course, if we were using a TRULY degenerate example, the degenerate in question would probably be trading a 3x leveraged ETF rather than just a standard stock or ETF.

But in any case, it’s these kind of leveraged returns that often suck beginner traders into buying cheap out of the money options, and they end up losing all their money.

Do these sort of trades ever work out?

Sure, they can if you have big market moving events like an earnings report, a big news event, the sudden reversal of the economy, or Jim Cramer screaming, “BUY, BUY, BUY” about a certain stock.

But options like this are cheap for a reason… because they rarely pay off.

And that’s how people get sucked into losing their money when trading options.

Anyways I hope you’ve enjoyed our video on options basics for beginners and how we went over call and put options.

Oh ya, that YouTube guru guy said i needed to ask you to like and comment this video if you made it this far and enjoyed it.

If you’re new and don’t know how to find good option trades, you might want to look into companies that provide trade alerts. We’ve reviewed a lot in order to come up with what we feel is the best option alert service 

Wendy Kirkland Price Surge System: Is It Truly Your Key to Weekly Profits?

Wendy Kirkland Price Surge System: Is It Truly Your Key to Weekly Profits?

The Wendy Kirkland P3 system (otherwise referred to as the Wendy Kirkland Price Surge System) has been getting some attention from traders lately.

So it begs the question: Is this system (or any of the wendy kirkland books for that matter) any good?

That’s what we’re going to look into here, starting by looking into Wendy Kirkland herself.

About Wendy Kirkland

Wendy Kirkland is a trader who has made a name for herself in the world of finance. After enduring a disaster that destroyed her successful gift shop, Wendy became obsessed with trading options and eventually wrote a book on the subject. In addition to her trading experience, Wendy also claims she’s an expert on chart patterns and stocks. This led her to create the Price Surge System, which is designed to help traders capitalize on stock movements.

Wendy’s years of experience and expertise have culminated in the Millionaire Maker Research Center, where she helps people from all walks of life learn about financial security and navigate through changing markets. Her latest project is the Price Surge System, a comprehensive program that includes a book, DVD, and newsletter. The service provides weekly charts, newsletter samples, and performance insights.

wendy kirkland price surge system

The Price Surge System

wendy kirkland p3 systemIn the Price Surge System, Wendy Kirkland explains a number of different chart indicators while trying to paint a clear picture of her trading plan in the P3 System. Her goal in doing this is to bridge the gap between being a beginner and a seasoned trader. In writing this book, she is trying to equip beginners with the knowledge they need successfully increase their option trading education, while at the same time serving up a strategy that will help experienced option traders with its ability to accurately predict and time bursts of upward stock movement.

P3 System: Option Trading Basics and Putting Profit Probability Potential On Your Side

When you’re trading options, it’s important to remember that you’re playing the odds. You want to put yourself in a position where your potential profits are as high as possible, and your potential losses are limited. This is where the Wendy Kirkland P3 System is supposed to help.

The P3 System is essentially a piece of software that helps traders make money by identifying short-term price patterns and openings. It does this by taking into account three factors: probability, pattern recognition, and price projection. By using these three factors together, the P3 System hopes to you an edge over the market, thereby increasing your chances of making a profit while limiting your risk.

So how can you use the P3 System to your advantage? The first step is to learn how to use it correctly. This involves understanding the basics of option trading and learning how to read charts. Once you have a basic understanding of how options work, you can start using the P3 System to find high-probability trades with excellent profit potential. Remember, it’s always important to play the odds in your favor!

Testimonials

After searching for some testimonials, we came across ones like this on the wendy kirkland website:

When I first heard about the Wendy Kirkland Price Surge System, I was a little skeptical. But after reading more about it and watching some of her videos, I decided to give it a try. And boy am I glad that I did! The system is so simple to use and really works. Thanks, Wendy!

I have been using the Wendy Kirkland Price Surge System for a while now and it has made me a lot of money. Thank you for creating this system!

I just wanted to say thank you for creating the Wendy Kirkland Price Surge System. It has helped me make a lot of money in a short amount of time.

Now, there’s nothing inherently wrong with these, but they seemed a little generic for us, as opposed to most of the testimonials found at The Empirical Collective that provide some specifics in them.

Trade Results

On their website, we saw that Wendy mentioned that the win/loss percentage for this strategy is 75%. She claims that she traded 256 total trades and made $70,174 in profits from January 2018 to December of 2021.

75% is not a bad average, but it falls short of most other option trading advisory services such as The Empirical Collective.

price charts

Final Thoughts

Overall, we don’t have much bad to say about the wendy kirkland p3 system.

While the cost seems reasonable enough ($99 upfront), with the low win rate, it’s hard to see how their system really offers much value at all.

Especially when competitors like The Empirical Collective offer more value-adding services like their social sentiment tracker that tracks all of the trending stocks on a variety of social media websites, in addition to their trade alerts that feature a higher win rate.

But before we close this article, we should probably mention a few of her other products, as she has so many :).

Also, for more wendy kirkland reviews, you can visit our article here.

Wendy Kirkland Price Surge System: Is It Truly Your Key to Weekly Profits

Related products

Wendy offers a lot of different products on her website, and we’ll go through a few of them here.

Weekly Options

Weekly options are a unique trading opportunity. They are only available to members of the Kirkland 120 Weekly Advisory Group, which you can subscribe to on a monthly or quarterly basis.

Weekly options typically expire within one week, so trading them is an immediate trading strategy This makes them a more cost-effective way to trade around short-term patterns and events in specific time periods. For example, many traders focus on straight forward long term trades, holding them for months or even years at a time. However, weekly options offer an alternative approach and can be valuable tools when used correctly.

Of course, you can lose that much faster if the underlying asset doesn’t move in the direction of your trade too..

Wendy Kirkland’s New “Alpha Moves” Trading Strategy

One of Wendy Kirkland’s trading strategies is called “Alpha Moves”.

According to their website, this strategy is based on the idea that there are highly probable patterns in the market which can be identified and exploited for profit.

This statement isn’t helpful or very specific, as essentially ANY stock trading strategy is trying to do this exact thing.

When we looked on her website, we couldn’t find any information other than she claims she adjusted the strategy to reflect the current market conditions.

On their site, they claim they have a trade history for this strategy of a 78% winning percentage, with an impressive 355% gain.

But there aren’t any specifics about any trades that were placed, so it’s hard to say whether this is ACTUAL data or theoretical data based on a backtest.

The other thing, is that we didn’t see whether she comes up with a recommendation based on collecting premium (IE from the selling of options) or if she is doing something like just buying simple calls and puts.

Because the strategy itself will require a certain level of capital required just to be able to make the trades if you do decide to follow her trade ideas.

FAQ

People also asked the following questions when looking for information on the wendy kirkland price surge system:

How do you trade options?

In order to trade options, the trader must first create an option contract. This can be done by buying or selling a call or put option on a given security with the intention of profiting from the difference in the price of that option over a certain period of time.

Why do you need a stock scanner?

A stock scanner is software that helps you to find opportunities in the stock market. The software can help you identify stocks that are undervalued, as well as ones with a high potential for growth.

trend trader

When an option does reach expiration, and the holder wants to exercise it, who do they buy the shares from (or sell the shares to)?

In a typical option contract, the buyer has to purchase shares from the seller in order for the holder to exercise their right.

carts

When deciding how much money you need:how much are you looking to make per day?

When you’re starting out in day trading, it’s important to think about how much money you need to make each day in order to reach your goals. How much profit do you want to see each day?

If you’re looking to make $500 per day, that would mean a yearly profit of $126,500. You could achieve this by trading for just 45 days at the $500 per day level. But remember, these are just averages–your results may vary.

It’s also important to keep in mind that your profits will depend on the market conditions and your skill level as a trader. So don’t get discouraged if you don’t start making money right away! It takes time and practice to become successful in day trading.

Does following the wendy kirkland trading system generate weekly profits?

No. We found her system has a low win rate when compared to other competitors (like The Empirical Collective) and she doesn’t offer much in the way of extra value add ons. Instead, she tries to upsell you on purchasing additional material through her website here.

tradewins publishing

How does day trading work?

The day trading process is often referred to as “swing trading”. This type of trading is a strategy that uses short-term movements in the market and looks for momentum. Swing traders will buy and sell stocks for profit, often within a few hours.

How much money do you really need for day trading?

The minimum amount of money you need in a trading account to day trade is $20,000.

But if you’re swing trading (which is generally better for most people), it depends on many factors, including the size of your trading account and the amount of risk you are willing to take. You can start with as little as $500 or $1,000 and trade with as little as $2 or $5 per trade.

When you’re starting out in day trading, it’s important to have realistic expectations about how much money you can make. Many new traders think they can earn a living day trading with just a small account size, but that’s not the case. In order to be successful at day trading, you need to have a lot of capital so that you can trade multiple contracts and increase your buying power.

price surge

Most successful day traders use a margin account, which allows them to borrow money from their broker to purchase more stocks. This increases their buying power and allows them to take advantage of opportunities that would be unavailable if they were using a cash account.

For this reason, most professional day traders have accounts with at least $50,000 or more. This gives them enough capital to trade multiple contracts and still maintain a low risk per trade.

It’s also important to have realistic expectations about how much money you can make as a day trader. Many people think they can quit their job and live off of their day trading profits, but that’s rarely the case. Day trading is hard work and it takes time and practice to become successful. The average person who tries day trading will likely lose money in the first few months or years before becoming profitable.

That said, it is possible to make a living day trading if you’re patient and willing to put in the hard work. But it’s important to remember that it’s not a get-rich-quick scheme; it takes time and effort to become successful.

If stock trading isn’t a good fit for you, check out our articles on Can You Get Paid to Watch Tiktok? Here’s What You Need to Know or our article on  Can You Make 200 a Day with Doordash? Find Out How to Maximize Your Earnings — or you could start with the basics by reading our article on Investing in Options: A Beginner’s Guide

forex

What are puts and calls in options trading?

When you buy a put, you have the right to sell the underlying security at the strike price.

A call is the right to buy the underlying security at the strike price.

Both options expire on the same day.

You can only exercise your option if it is in-the-money.

If you own a call, and the stock goes down, your option will become worthless.

mt pro

Why wouldn’t I be willing to pay $1,000 if I can see that the system will make me $10,000 a year?

It’s understandable that you might be skeptical about this system. After all, who wouldn’t want to make an extra $10,000 a year? But let me ask you this: Why wouldn’t you be willing to pay $1,000 if you can see that the system will make you $10,000 a year?

I’m sure you’re wondering how this is possible. How can I guarantee such a high return on your investment? The answer is simple: I can’t. No one can guarantee any particular return on investment. But what I can tell you is that options trading offers opportunities for consistent income that far exceed anything else available in the market today.

For example, inside The Empirical Collective, they’ve had trades that have produced returns as high as +246.11%.

But don’t just take my word for it, click the link above for a list of recently closed trades.

It’s incredible to see how they’ve been able to make money whether the market’s gone up or down .

So what are you waiting for? Get started today and see for yourself just how profitable options trading can be!

trading indicator

Chuck Hughes Optioneering Reviews: Legit or Full-Blown Scam?

Chuck Hughes Optioneering Reviews: Legit or Full-Blown Scam?

In this article, we get into some of the Chuck Hughes Optioneering reviews that I’ve found when investigating their system.

I went over their website, contacted their support team and read up on a few reviews that I managed to find online.

But if you want the quick version: I’d avoid them. They want $6000 up front to sign up, and it’s doubtful if the claims they make are legit. Besides, when it comes to a comparison of value for the money, a membership inside The Empirical Collective is a no-brainer.

trade like chuck reviews

Contacting Their Support Team

I started by contacting them through the support email listed on their website with a couple of basic questions.

I thought I’d start the conversation by asking them what kind of options they traded in their optioneering service.

Did they just buy simple calls and puts, or did they get into more complex options strategies?

Chuck Huges’ “Support” Staff

Upon receiving a response, their support agent only wanted to answer my questions if I contacted them via phone.

I found this to be very strange, as I had some specific questions I wanted answered and I didn’t want to spend a lot of time tied up on the phone.

I persisted, asking if he could respond to my questions by email.

A while later, I received this response:

It’s much better if we speak directly, since Chuck has multiple programs at different price points.  However, the Weekly Options Alert service is currently available, after Chuck pays the $3000. USD enrollment fee for you, at an annual subscription cost of $6000. USD. The service includes puts and calls, market neutral trades, covered calls and ETFs. This includes all trades as well as back-up support, available by phone and email, 9 AM to 5 PM Pacific Time. With your subscription, you have access to Chuck’s proprietary website. Trades are sent to you by email. You simply follow the provided trade signals, using any online broker of your choice.  If you have questions about the trades, you have access to back-up technical support by phone and email. 

Based on this response, it looks like this system involves trading a variety of different options beyond buying basic calls and puts.

And while this isn’t bad by itself, people wanting to follow these trades will have to have accounts that are approved & funded well enough to trade these options.

But at a yearly cost of $6,000 up front I can’t see how anyone would pay that kind of money – especially when their services don’t have much in the way of reviews.

I politely declined to sign up.

For the record: I didn’t want to phone them because when I researched them online, I found that all of their “support” agents are actually trained salespeople in a call center.

So rather than answering questions, they try to hard sell you on their trading system as soon as you call them.

With that being the case, I decided the best course of action would be to email them.

Moving on, I decided to dig in a little more and research them online.

The Chuck Hughes Optioneering Results Claims

tradewins com reviewsSo I started with the claims they made on their website.

Hughes Optioneering trades weekly options, and claim to have a 94.1% trade win rate.

They say that their team has a combined investment expertise of more than 60 years.

Their website claims that Chuck Hughes himself began investing in options with a tiny $4,600 trading account, but within two years, he had gained more than $460,000 in profits.

According to them, the money he made just by trading options dwarfed his previous salary as a pilot.

They go on to say that even in the midst of all the global uncertainty, they have generated over $3.3 million in real gains over the last five years.

They make the claim that their brokerage account has made over $3,308,137.76 with an average return of 69.3 percent.

The average hold per trade is a whopping 67 days and the average annual return is over 370%.

They go on to say these figures came from 335 winning trades and 21 losers.

The Hughes OptioneeringTM Team claims these returns were made by trading weekly options.

The Hughes Optioneering Claims

These claims are incredible. And while they provide a list of returns by month on their website, as they use a variety of different option trade tactics, it’s hard to get an actual feel on the real world amount of money that is won or lost.

Win Loss Percentages Aren’t Always What They Seem

By this, I mean that – depending on the option trade tactic employed – you can have different amounts of money tied up in a trade.

And if the dollar amount per trade isn’t even (or close to) then the win/loss percentage isn’t necessarily representative of the actual percentage loss or gain.

And by using different option trade strategies, this becomes more of an issue.

In order to calculate this accurately, you’d have to use more of a weighted average based on the dollar amount invested per trade and then weight the win/loss percentage accordingly.

But I was curious if anyone had paid the money to join, so I kept looking and eventually came across this review…

Here’s one review I found while looking for more information on the Chuck Hughes Optioneering system:

Chuck Hughes and his fans claim that he’s a market expert or investing genius. But he’s ripped me off. Chuck claims to have discovered a secret recipe via experience and is willing to give everyone the secret through his training classes, which range in price from $6,000 to $15,000. But you have to pay up front.

A simple Google search of his name and fraud will teach you all you need to know – it’s all about high pressure sales tactics. All of the content on his YouTube videos is designed to encourage you to pay money for his online courses. Every huge promise is a ruse! I fell for those false promises and lost $7000 in the process of claiming to be a stock market expert. The main problem I have with this person is that he presents his track record as if he has never lost money before.

It makes it quite obvious that Chuck Hughes is a liar. He just sounds as if he has cracked the market and become a millionaire, and that there’s no possibility that he could ever fail.

But that’s now what I’ve seen from his online seminars, which aren’t even worth $70.

He even proclaims himself to be a global champion of trading!? I couldn’t find any proof…seems a little shady to me.

I attended his presentation in Washington, D.C. few years ago. There were probably 150 people in attendance, each paying $2,000.

I feel that he makes most of his money from these events and training rather than by actually trading options.

Overall, I feel that his claims are not quite true and I recommend avoiding him.

The Chuck Hughes Optioneering Review

All things considered, I can’t recommend their service.

I feel that for the initial buy in of $6000 for one year, there should be a lot more proof that is readily available and shown on their website.

It feels like it’s more geared towards being a sales machine than an actual trading firm.

So what can you do if you want to avoid this scam and make money trading?

At this point, I feel it’s best that you either learn to trade on your own, or look into better alternative like The Empirical Collective.

After all, their win rate is great and they are a lot more clear about what they actually offer their members. (And their membership fee is a fraction of what chuck huges optioneering seems to offer.

 

Hughes Optioneering Reviews

When people searched for chuck hughes optioneering reviews they were also interested in the following topics as well:

TradeWins com reviews

We found this review when we looked for insight into tradewins com reviews:

I decided to enroll in the course. I found that the course’s details were greatly overstated.They aren’t even close to keeping even 10% of their promises. They claim that the advice they give is 100 percent guaranteed to provide excellent outcomes. Some worked, but most failed. Once I completed the course, I found out that the suggestions were all the same and that there was nothing new in the training.

To be fair, I did make a small profit once in a while. But there were a lot of times that I failed miserably. Each week, they also gave out 4 trade ideas. I’d say they were 50 percent successful. Occasionally, even less.

The two-year membership included 4 trade alerts every week.

But after three months, they quit sending me the trade alerts.

I even called them to report the issue. And it took them more than 15 days to respond to my inquiry. I continued waiting for their phone calls and emails, but they kept making me wait.

I recognize that the market is never predictable. But I feel that they are very deceptive and I felt tricked when they stopped sending me the tips.

Trade Like Chuck

Trade like Chuck is a book written by Chuck Hughes where he supposedly explains how to make money trading.

Except even with a quick look at some of the reviews posted on goodreads, it seems that the book misses the mark.

One review claims that the examples in the book must be made up, as “No one could buy a protective put for far less than it is worth.”

Right Way Options Reviews: Is this Service From Hit and Run Candlesticks Worth The Crazy Amount of Money They Charge?

Right Way Options Reviews: Is this Service From Hit and Run Candlesticks Worth The Crazy Amount of Money They Charge?

When you’re looking at signing up for an option trade alerts service, it’s always a good idea to look into them. And with that in mind, we’re looking into Right Way Options Reviews.

Of course, with that said, in my opinion, no options trading service is able to even come close to the value and trade win rate of The Empirical Collective.

What is this all about?

Right Way Options specializes on options trading. And they also have different seminars and trading rooms to try and help traders learn the basics. They offer something called The Top Gun Trading program, which focuses on intraday trading. Their trading room is open between 9am and 11am EST.

The idea is to combine live sessions and trader commentary to help others learn about chart setups, momentum trades, & trade management.

A Service Provided By Hit And Run Candlesticks

Right way options is a product of Trade Hawk & Option eyes, sold through their website Hit & Run Candlesticks.

On their webpage, they say their trades are based on longer term option and stock trades. Based on this statement, I’d have to assume that they’re trading leaps for their option trades.

But they say their trades have a long term time frame – so they are focused on swing trading.

Which, for most people, is a much better option than trying to day trade.

hit and run candlesticks

Right Way Options Membership Choices

From their website, it looks like they charge $223 per month for their regular trade alerts if you want to pay month to month.

If you want to pay quarterly, the price is $594.

They also have a semi-annual payment option of $1,188 or an annual payment option of $1,787.

This pricing easily puts them at the high end of the spectrum in term of the cost of their membership.

Especially when you compare that with a membership inside The Empirical Collective which is a fraction of the price, which we discovered in our best options picking service article.

right way options

What’s Included with Membership to Right Way Options

When you sign up, they give you access to a trading room and then send trade alerts to your phone.

And, depending on the membership payment option you select, you may get anywhere from two to seventeen trainings consisting of ebooks and video training.

There’s no mention of the number of trades that they give out.

Trade Results – Can They Justify Their Options Trading Price By Making You Money?

Instead of listing an average trade win rate, or yearly return average, they have provided monthly return statements.

I looked at a few monthly returns, and most of them seemed to be single digit returns.

But when you look at a statement, they do seem to track year to date return and the overall return if you’d have invested with them back in January 2018 like this:

investment company reviews

Now, they looked to be providing updates like this for some time, but it doesn’t look like they’ve done any updates in the last two years.

They are still posting on their social accounts, but they haven’t kept up with their trade results.

I’m not sure what conclusion to draw from this, but it doesn’t look good – especially when they’re charging so much.

And it looks that much worse when competitors like The Empirical Collective, who provide current examples of their trade results.

Right Way Options Reviews

Overall, my view of their options trade service is this: I can’t see how they can justify the price of their trading service.

Based on how they’ve laid out their membership purchasing options, it looks like they’re trying to get you to commit to buying a year of service up front by bribing you with a a stock and options trading course.

They’ve shown some trade results, but those results didn’t look particularly impressive.

Especially as other option trade alert companies seem to offer better returns for a lower price.

right way options reviews

When people were looking for right way options reviews, they were also interested in these topics

Reviews for hit and run

This Hit & Run Candlesticks thing is a group the tries to help traders in transitioning from losers to winners. It’s designed to help newcomers with education, training, and live aid.

Hit & Run Candlesticks provides trading instruction in three areas: technical elements, Right Way Options for options trading simplicity, and Top Gun Trading for day trading mastery.

Monthly, quarterly, semi-annual, and annual memberships are offered for Hit & Run Candlesticks. The membership price provides traders with access to a live trading room, live pre-market review, and trading education 24 hours a day, seven days a week. Chart patterns, candlestick indications, trends, trend lines, support and resistance, price movement, and other technical characteristics may all be learned by students.

hit and run rated

How to choose the right options strike price

Here are a few things to keep in mind if you’re trying to use the right strike price.

  • A put or call option’s strike price is the price at which it can be executed.
  • A trader with a high risk tolerance may choose a strike price above the stock price, while a prudent investor may prefer a call option strike price at or below the stock price.
  • A put option strike price that is at or above the stock price is also safer than one that is below the market price.
  • Losses can arise from choosing the improper strike price, and the risk grows as the strike price moves further out of the money.

Can you buy a put option on stocks?

Yes. If you think the price of a stock will drop, you can buy a put option on a stock. With that said, the stock you want to short has to have liquid options that are available to trade.

So just having options available to be bought and sold on a particular stock isn’t just enough – you have to ensure that there is a market for those options.

In other words, you have to ensure the option contracts are liquid. And you determine whether or not they’re liquid by checking the bid ask spread on the options. If there’s a big difference between the bid ask spread then it isn’t liquid.

Right way trading company

The Right Way Options trading service is run by Trade Hawk and the company Options Eyes. They aren’t really a company on their own, but rather, a service offered by Trade Hawk.

What is the best investing broker?

A lot of people choose low price broker options like RobinHood. And they are fine, but once serious, most people eventually change to a company like TD Ameritrade.

With zero trade commissions, top-of-the-line educational programming, enhanced trading platforms, and a user-friendly mobile app, TD Ameritrade provides a full-service brokerage experience that can meet the needs of both new investors and advanced day traders taking positions in a variety of asset classes. Because of the instructional information and overall simplicity of use, TD Ameritrade is one of the finest solutions for new investors.

TD Ameritrade has been bought by Charles Schwab, but it continues to operate as a distinct organization, so we’ll look at how it rates as a standalone brokerage to see whether it’s a suitable fit for your investment requirements.

What is the best investing platform for an option order?

Questrade is a good option. They offer their trading via a desktop platform, their app, IQ Edge, and Questrade Global. A lot of beginners really like Questrade as they’re really simple to use and their platform is really intuitive.

CIBC Investor Edge. The Investor’s Edge website and the CIBC Mobile Wealth app are the only two trading platforms offered by CIBC Investor’s Edge. There are no sophisticated trading systems available.

The website is simple to navigate, but their app has received mixed reviews. On the App Store, it has a rating of 3.3 stars out of 5 stars, while on Google Play, it has a rating of 3.5 stars out of 5. Those with Wood Gundy, Imperial Investor Services, or Private Investment Counsel accounts can also use the app.

The charges for options trading are $6.95 per trade + $1.25 each contract. Commissions are $5.95 per transaction + $1.25 per contract for students (who must have a CIBC Smart Account for students). Active traders (those who trade 150 times or more every quarter) pay $4.95 per trade + $1.25 per contract. The commissions for trading on American exchanges are the same as for trades on foreign exchanges, but in US dollars.

There are no account minimums to start trading, and CIBC offers simple instructions on how to make options trading.

Interactive Brokers. They offer trading via Client Portal (the company’s website), Trader Workstation, and IBKR Mobile are Interactive Brokers’ three trading platforms (its app).

The website is easy to navigate, and making a deal is straightforward. The app has a 3.8 out of 5 star rating on the App Store and a 3.5 out of 5 star rating on Google Play.

In comparison to its competitors, commissions are relatively modest. For less than 10,000 transactions each month, they start at $1.25 per contract, with a minimum price of $1.50 per order. If you make 10,001 to 50,000 transactions per month, the commission is $1.15 per contract, $1.05 per contract if you make 50,001 to 100,000 trades per month, and $1 per contract if you make more than 100,000 trades per month. There is, however, a $1.50 minimum payment.

For less than 10,000 trades per month on American exchanges, charges range from $0.25 to $0.65 per contract, depending on the option’s pricing. The minimal fee is $1 USD. The smaller the fees, the more contracts you trade. When you trade more than 100,000 contracts every month, they might cost as little as $0.15.

They don’t have an account minimum that you have to meet before you start trading.

What are real time trade alerts?

A “real-time” stock alert is one that arrives immediately after a trigger is triggered. This form of warning is very immediate and requires a continuous supply of market data.

Consider setting up an alert for a new 52-week high in Apple stock. With a real-time alert, you’ll know the second Apple shares hit a new high — not minutes later. As a result, rather than chasing after the market, you may react to price action as soon as it occurs.

Whether or not you need real-time alerts depends a lot on the trading you do: if you daytrade you will need instant real-time alerts. If swing trading, you might not need instant updates – if there’s a bit of a lag it’s often not quite as critical.

What is the best option Alert Service?

The best option alert service is easily The Empirical Collective. The amount of value they offer their subscribers is unmatched. And the price of their membership is very inexpensive right now, but they say it will increase soon.

What market platforms offer the best experience?

I recommend Questrade, RobinHood or the thinkorswim platform by TD Ameritrade.

Hit and Run Reviews & Right Way Options Reviews

The Trader Vision 20/20 Monthly Subscription is also included with Hit & Run Candlesticks. The subscription costs $149 for the first 60 days and then $37 per month after that. Trader Vision 20/20 helps traders build a standard trading method, improve the quality of their deals, detect and eliminate trading difficulties, manage their emotions, and measure their success. Overall – and to sum up Right Way Options Reviews – I would say that you should avoid Hit and Run Candlesticks and their Right Way Options trading service as they’re just too expensive.

Here’s Where to Find The Best Paid Service For Options Trading

Here’s Where to Find The Best Paid Service For Options Trading

There are many different services out there offering trade alerts, but which one is the best paid service for options trading?

The real question is: who offers the most value?

Based on our research – in comparing with other services – we feel that The Empirical Collective is hands down the best.

The Empirical Collective was designed to help their members increase their investment portfolios by providing stock option trading services with entry and exit option alert signals.

They utilize AI to provide them with a list of great trade ideas and then filter it through the experience of experienced technical analysis traders. Once a trade has been found, they announce them via immediate email so that their members may make the same trade and profit.

Rather than just providing great trade alerts, they also give their users access to exclusive tools they’ve developed.

options trading service

The Option Trade Alerts

On their website, they show example trades that produced a trade win rate of 95.918% and then further elaborate that their typical win rate is around the 90% mark. Which is pretty exceptional.

Of course, you can never take past returns as being a guarantee of future returns, but at least it shows that they’ve been successful.

They also mention that they average about 2 trade alerts per week and provide a link to their past closed trades.

Of course, if you’re going to follow trade alerts, you have to accept the fact that you are not buying a guarantee of 100% trade success (even though The Empirical Collective offers a trade performance guarantee), but that you’re just increasing your odds of trading profitably by using the systems and skills of advanced traders.

options advisory service

Trading Tools

In addition to their trade alerts, The Empirical Collective also offers their members access to their custom research tools.

trade alert servicesThe Social Sentiment Tracker

One of their main tools is a social sentiment tracker that checks many different online trading boards and gives a summary on the stocks that over 19 million traders think will go up or down.

So rather than having to spend hours doing all this research yourself, at a glance you have all the collected data at your fingertips. And it’s generated every couple hours so you can keep tabs on it throughout the day.

By doing this, you can quickly see if there are any stock positions that you should look into (like if there is going to be a huge short squeeze on GME or AMC again).

best trading alert serviceFuture Development

In addition to the Social Sentiment Tracker, they are also developing a U.S. Government Stock Transaction Tracking system.

This tracker will be designed to track all the trades that are disclosed by the U.S. Representatives, U.S. Senators & members of Congress.

So you can see what the people behind the curtain are trading.

In addition to that, they are building an Off-Exchange Trade tracker that will shed some light on huge blocks of shares that have been traded outside of the regular stock markets.

Again, this is being developed to give their users even more insight into where the big money is moving.

Additional Trade Ideas

In addition to their trade alerts, The Empirical Collective also provides research on small cap stocks that they feel have the potential to 10-1000x in the next couple of years.

These are companies that are positioning themselves to dominate emerging industries, or who have unique offerings designed to disrupt the status quo or meet customer demands in a unique way.

Pricing

Many trading services charge per year (often $2500 or more per year), and those that don’t are generally $100/month or more.

And with The Empirical Collective charging $59 per month (at the time of writing at least, but they say the price will increase) they are easily offering more value than any other service on the market.

All things considered, we think The Empirical Collective offers more for significantly less than any other service on the market.

 

Best Paid Service For Options Trading

People wondering about the best paid service for options trading were also curious about the pros and cons of trading options.

The Good Things About Trading Options

  • If you’re trading options trading, you don’t need nearly as much cash on hand as you would if you were trading stocks.
  • You can trade options even if you have a small trading account.
  • There is an opportunity to make huge returns due to the high leverage of options trading.
  • Even small 3-7% rise in the stock leads can bring gains of 100 percent to 200 percent for the same options. (This opens the door to big opportunities to make money with big macro moves or other market moving events.)
  • Traders can make money if the market is headed up, down, or sideways by if they’re trading options.
  • You can trade options to help diversify your portfolio.

best trading alert serviceThe Bad Things About Trading Options

  • To properly trade, you need to develop your own trading system that will be able to constantly provide winning trades – regardless of market conditions. This requires years of research, trial & error, and refinement.
  • Finding the next great trade takes an incredible amount of time & research.
  • It’s a tough learning curve. Financial charts can be tough to understand, requiring years or decades of practice.
  • The jargon of trading can be very perplexing. Many people feel that to perfect the skill of trading, you’ll need at least 10,000 hours. And they aren’t wrong.
  • Staying on top of open trade positions can be exhausting, making it hard to keep up with the market’s pulse.
  • You have to be able to effectively manage your risk when trading – in addition to everything else.
  • Trading successfully necessitates a strong level of self-assurance, as well as faith in your decision-making ability.
  • Delays in making judgments, making bad decisions, and making mistakes may be tremendously damaging to a portfolio.
  • A strong desire to trade stocks and options is required for trading success.
  • To be able to focus and make informed judgments, your personal life must be stress-free.
  • To prevent distraction and have self-confidence, your physical health must be in tip-top form.

trade genie reviews

The Webull trading platform

With its clean design for desktop and mobile apps, Webull will appeal to the mobile-first generation of casual investors, but the brokerage also offers an astonishing selection of tools for aggressive traders. With that said, it lacks access to a few common asset classes, doesn’t have much instructive material, and can leave real newbies in the dark.

Motley Fool Options

The Motley Fool Alert Service

The Motley Fool’s alert service is quite expensive, where you have to pay for a full year before you can start your membership. Aside from that, their returns are marginal at best. Most of the good reviews on the internet come from people who are promoting The Motley Fool itself.

The Gatsby Trades Questions

Similar to Robinhood, Gatsby is a stock and option trading program that does not charge commissions. Due to having a $0 commission on trading options is its key selling point. As a result, Gatsby is one of the few sites that allows you to trade options for free.

Benzinga Trade Alert Services

Benzinga is a professional trade alert offering, and it’s monthly charge of $350 per month shows that they aren’t messing around.

What is the best options trading advisory service?

Simply put, The Empirical Collective offers more value than any of the best options alert service out there.

Market Chameleon

What is a trading alert service?

You can use swing trading alerts services to profit from short-term market fluctuations. To follow a swing trading approach, The Empirical Collective provides trade details & explicit recommendations on when to initiate and exit positions.

Is TradeStation good for day trading?

TradeStation is a piece of desktop trading software and it’s quite sophisticated, making it ideal for professional investors and day traders. Customizable charts for research, automatic method trading, and complex order management are all available on this platform.

What to keep in mind when searching for the best options trading advisory service or an options trade alert service

The most important thing is that they match your trading style. Don’t sign up for a service that day trades if your schedule only allows for swing trades.

And whatever you do, make sure you use proper trade management and only use money you can afford to lose if you’re trading.

The Motley Fool Options and Stocks Investing

The Motley Fool is one of the most well-known names in financial journalism. Tom and David Gardner founded the firm in 1993, when they began offering their investing advice online. This was back when AOL was still alive and well, before services like MarketWatch and Yahoo Finance existed.

Due to their innovative approach to investing, the Gardner brothers immediately gained an internet following. The Wall Street Journal and Investors Business Daily catered to seasoned investors and Wall Street hotshots, while The Motley Fool talked directly to everyday investors. Simply simply, The Motley Fool speaks the people’s language. The Gardner brothers taught fun investment concepts that anybody could understand.

Options Trade Alerts

Motley Fool Options is an options notifications service that debuted in 2009, nearly seven years after Stock Advisor (the stock-picking service). The Motley Fool Stock Advisor was a huge hit, and the company wanted to offer a comparable service for options traders.

The major feature of the Motley Fool Options service is option alerts. The teaching is ok, but most people look for their option notifications.

Every month, the Motley Fool publishes a few new option ideas. These option notifications are great for swing traders and investors. While the warnings are useful, day traders are more likely to choose a more active service. In fact, one of the reasons Motley Fool Options stands out is that it employs an easy-to-follow trading strategy.

The majority of casual investors and traders do not have the time to monitor the market 24 hours a day, seven days a week. While Motley Fool Options take more attention than stocks, they are still quite simple to operate. The team produces suggestions for longer-term traders so that you don’t have to worry about your holdings all day.

Trade Types

I imagined Motley Fool Options to be a fairly simple options notifications service when I originally signed up. I anticipated the firm to suggest a few large-cap equities for long-term calls and puts. In fact, the service is significantly more thorough.

The choices tactics used in the suggestions are diverse. To begin, the team suggests both purchasing and writing options. The team may propose purchasing calls, writing puts, or a mix of the two, depending on the warning.

Furthermore, the suggestions extend beyond simple call/put techniques. The options strategy is given the same amount of attention as the trading thesis by the team. If the team were optimistic on Apple, for example, they wouldn’t merely suggest “buy AAPL calls.” They’d devise an options strategy that maximized gain while reducing risk.

One thing to keep in mind is that if you go with The Motley Fool, this service will include SELLING options. This will require a lot more trading capital (and will require your account to be approved to sell options first).

Trade Genie Reviews : Are They Really The Best Choice?

Trade Genie Reviews : Are They Really The Best Choice?

Trade Genie is a trading company that offers a variety of different types and styles of option trade alerts to their members – the majority of them are a form of swing options service.

To cut to the chase: If you’re looking for the best trade alerts, The Empirical Collective offers more value than any other service. From incredible trade alerts, exclusive stock research & cutting edge research tools, they offer more value than any other service in the industry. You can check them out here if you’re interested.

But in this article, we’ll go over what they have to offer.

Trade Genie Inc Trade Services

 

They have two different option trading levels: Beginner and Advanced.

The Beginner Level

This service level has three different product offerings.

The Index options service give 2-3 trades per week and each position is expected to be held between two and three weeks with a cost of $87 per month.

The Leap options service gives 2-3 trades per week and the average holding time is about one to three weeks. The cost for this is $107 per month.

The Swing lite options service offers 3-5 trades per week, and the estimated holding time is one to seven days and is $147 per month.

The Expert Level

Their Expert level option also has 3 different offerings.

The first is the Earnings Play for $87 per month and is specifically designed to trade companies who are about to report earnings. Each trade has an average hold of one day to one week.

The second is the Tiny stocks trading service. This one costs $97 per month and are based on small-cap, mid-cap, and large cap stocks. The estimated hold time is between 1 week and 1 month.

The third option is the Swing options service. This service places 8-10 trades per week, with an average hold from 1 day to one week. This service is $197 per month.

trade genie reviews

Trade Genie Inc Options Trades Courses

They offer two different courses on their website. (Although if you sign up, they will often send you promotional emails to upsell you on other little courses.)

The first one is called “Mastering the Markets: Duplicating Success” and costs $997 and is 9 hours long, broken up into 2 sessions per week that are 1.5 hours long each.

The second offering is a one year course called “Mastering the Markets: Technical Analysis.” It offers 4 sessions per week that are 1.5 hours long each. There are also 2 coaching sessions (1 hour long each) offered per month. This course runs for 48 weeks.

Other Reviews

Now, there are quite a few reviews posted on many different review websites like sitejabber, trustpilot and others.

And the majority of them are positive.

Of course (as with any trading service) there are a few negative ones.

There is one page out there who calls Noshee (the owner) a scam artist.

But with a lot of these negative reviews (just as with any option alert service) you have to realize that they’re probably coming from people who signed up and thought that they would NEVER have a losing trade.

Of course, trading services might make big claims, but – ultimately – each person is responsible for his or her trades and decisions.

So if someone didn’t exercise proper account management, or didn’t want to do any additional research before placing a trade….well then I’d say they have to take the good with the bad.

After all, for the average investor to have a chance to win close to 90%, it could totally change their ability to trade.

And the cost is relatively low for this kind of access.

The Swing Options Service Trade Results

Trade Genie posts a win rate of 91.28% on their website, although I couldn’t see any list that showed all of their closed trades.

It seems like they only display their winning trades and not their losing trades.

They do disclose an average loss of -43.15% and an average win of 67.68%

So all things considered, it looks like they offer a pretty good product when it comes to trade results, as most trade alerts systems have win rates between 75-90%

The one thing that I didn’t like was they don’t have a list of open trades or trade results available for members if you sign up.

So you have to track all your open positions and keep track of them as they don’t display any trade history.

They do send alerts out, but if you happen to miss one… you might end up having to manage the trade yourself as you don’t have a list of open trades to compare your open positions to. (This is one thing I love about The Empirical Collective)

Now, as these options trades are swing options that might not be a big deal (it’s not like their trades involve Day trading)

The Final Decision on The Best Swing Options Trading Service

Overall, I think Trade Genie has a good product.

With their win rate & trade alerts, it looks like they’ve got a good things going.

But in terms of overall value, I think The Empirical Collective easily has them beat.

The Empirical Collective has a trade win average around 90% too (with winning periods of over 95%!), and it looks like their trade alerts would be similar to their Leap options service.

Except The Empirical Collective offers additional trading tools & insights to their members like:

  • Stock research designed to find hidden small cap stocks ready to explode in price
  • A social sentiment tracker to keep you informed as to what over 19 million other traders think certain stocks will do.
  • An example portfolio designed to show you how to diversify your assets.

And the cost of their option trading membership account price is currently about HALF of what they charge.

So to me, I think The Empirical Collective is the best as it offers more value. You can check them out here.

Trade Genie Reviews: Are They Really The Best Choice?

 

When looking for trade genie reviews many people also wondered about these topics

Trade Genie Reddit

There really isn’t much that you can find when searching for trade genie reddit. It does not look like they have an official reddit page, and they aren’t mentioned much (if at all) on reddit.

Trade Genie Trial

There is a trade genie trial, where you can sign up for their trade alerts via email. When I tried to do this, I didn’t receive any trade alerts. I got a lot of promotional emails, but no trade alerts. I’m not sure if this is typical or just a glitch but I didn’t get any trade alerts when I signed up via email.

trade genie review

Overall, The Empirical Collective simply offers way more value than TradeGenie. Their alerts are as good or better and they offer unique tools to their members, rather than charging extra for them.

Options trading advisors

Hands down, I think The Empirical Collective offers the best value.

But here are a few other services you can look into:

The Mindful Trader: Mindful Trader’s creator, Eric Ferguson, spent over $200,000 and four years creating the tactics that are employed in his business. During a 20-year backtest of his ideas, the median yearly return was 181 percent. Eric began live-trading his techniques in November 2020, and the account’s total return has outperformed the S&P 500.

Eric began by only trading equities and the micro Emini S&P500 future, but in April 2021, he introduced options choices. Mindful Trader is a hybrid trading service that provides stock choices, options picks, and, on occasion, micro future contracts for the S&P500 index.

Mindful Traders separates out from the competition by offering one of the best options trading courses for beginners, complete with detailed explanations of the trading strategy. Subscribers have access to a library of explanatory films that cover anything from options trading tactics to trading system creation.

The OptionsGeek: This one’s pretty pricey at $2000/year. Felix Frey, who possesses a Bachelor of Science in Finance, established OptionsGeek in 2018. He worked for Bank of America and other financial institutions as an executive director.

OptionsGeek is primarily concerned with two services. One is 3 Steps To Profit, a comprehensive options trading education program. The course, which includes thorough video lectures and blog pieces, walks newcomers through the fundamentals of options trading while also providing insight into institutional options strategies and market perspectives.

Winning Picks Premium is an option trading alert service offered by OptionsGeek. Each week, subscribers will receive 2-4 options trading ideas. The greatest estimated ROI for 2021 was +85.5 percent in January, while the worst drawdown was -34.4 percent in April. On his website, you may get the whole monthly results.

Winning Picks offers a unique guarantee to annual subscribers. Felix offers a minimum of +100% on 50 transactions each year. If his service does not meet this goal, he offers free admission for the next year.

Benzinga Pro: This one tips the scales at $350 per month. Benzinga Pro is an outstanding solution for stock and option traders and investors. Alerts, a community chat room, stock screeners, options scanners, newsfeed, squawk radio, and trading signals are all included with a Benzinga Pro subscription.

The Unusual Options Activity feature in Benzinga Pro notifies you to big block and sweep transactions in options contracts. Price/earnings ratio, market capitalization, dividend yield, numerous businesses and sectors, and price change bands may all be utilized as filters. Trade alerts are delivered to you via audio or desktop notifications. Furthermore, the Benzinga Pro Unusual Options Calendar gives you access to previous options data for further research.

Benzinga Pro may be used for advanced charting, as a market news source, or as a stock screener, in addition to the options scanner.

In addition, Benzinga now provides a Benzinga Options Mentorship, which includes six monthly options trades, unique webinars, and daily trading mentorship from Nic Chahine. Mentorship subscribers also get access to the inner-circle discussion room, a weekly market summary, and complete Benzinga Pro access.

Benzinga is a good all-in-one solution for options traders in this list of the best options trading alert services because it combines a high-end analytical platform with a mentorship program.

For more reviews, be sure to check our article on Chuck Hughes Optioneering Reviews here.

 

 

Weekly Options Trading Signals: A Great Way to Make Money Or a Great Way to Go Broke?

Weekly Options Trading Signals: A Great Way to Make Money Or a Great Way to Go Broke?

If you’re looking to start making bank trading options and are looking into weekly options trading signals, there are a few things to know before you sign up for a service.

And we’re going to look into all of them starting with:

How Do Weekly Options Work?

Weekly options are a type of option contract that expires every Friday. They are usually used by traders who want to take advantage of intra-week price movements.

When you buy a weekly option, you are agreeing to sell your investment at the end of the week–no matter what happens. This type of contract can be done online or offline, and it involves a small fee for breaking the contract.

Weekly options come with several different investment profiles that you can choose from. Depending on the provider, you may have several different portfolios to select from with no penalty for switching between them. In some cases, there will be multiple portfolios available with no fee for switching between them.

What Are Weekly Options?

Weekly options are a type of option contract that gives the holder the right to buy or sell a certain asset at a fixed price on a specific day of the week. The contract is only valid for that week and cannot be carried over to the following week.

Weekly options are a type of option that can be traded on a weekly basis. They were first introduced in 2013, and they have quickly become one of the most popular ways to trade options.

There are different types of weekly options, including cryptocurrencies. Weekly options offer investors a way to trade during volatile periods and make money when the markets are moving up or down.

Weekly options are a great way to make money during volatile times. They offer investors a way to trade on a weekly basis and take advantage of market movements.

What Types of Stocks and Bonds Can You Invest In?

There are a variety of stocks and bonds that you can invest in, depending on your investment goals and risk tolerance. Some common stocks include Google, Apple, and Microsoft, while some common bonds include U.S. Treasury Bonds and municipal bonds.

When it comes to stocks and bonds, there are a variety of different types that you can invest in.

Stocks represent ownership in a company, and when you buy them, you become a part of the company’s shareholder base.

Bonds are debt instruments, meaning that the bond issuer borrows money from you with the promise to pay it back at a later date with interest.

There are many different types of stocks and bonds available for investment, and each has its own unique risks and rewards.

When it comes to stocks, you can invest in common stocks, preferred stocks, or convertible bonds.

hughes optioneering reviews

Common stock is the most basic type of stock, and it represents an ownership stake in a company.

Preferred stock is a bit more complex; it represents a claim on the assets and earnings of a company ahead of common shareholders, but usually carries less risk.

Convertible bonds are bonds that can be converted into shares of common stock at a later date.

When it comes to bonds, you can invest in government bonds, municipal bonds, or corporate bonds.

Government bonds are issued by a national government, and they are considered some of the safest types of investments available.

Municipal bonds are issued by states and local governments, and they offer tax-free interest payments to investors.

Corporate bonds are issued by companies, and they carry more risk than other types of bonds but also offer the potential for higher returns.

What Are the Benefits of Weekly Options Trading?

Weekly options trading offers several benefits over traditional monthly options trading, including:

  • Faster profits: Weekly options expire every Friday, which means you can take profits faster than with monthly options.
  • Greater liquidity: Because weekly options are more heavily traded than monthly options, you’ll have an easier time finding a buyer or seller when you want to exit a trade.
  • More trading opportunities: Since weekly options expire each week, you have more opportunities to trade

 

the weekly options trading newsletter

Weighing Your Options…

When you’re looking to invest in the stock market, it’s important to weigh all of your options and make the decision that’s best for you. For some people, weekly options trading may be the best choice. Here are some of the characteristics of this type of trading:

  1. Increased potential for earning more money- Unlike long-term investments like buying and holding stocks, where profits are typically smaller and take longer to accumulate, weekly options trading offers the potential for larger short-term gains.
  2. Easier to lose money- This type of investment is A LOT riskier than a long-term one, so it’s easier lose money quickly. However, with a higher risk tolerance comes the potential for greater rewards.
  3. Lower transaction costs- When you trade weekly options, you typically pay lower commissions than when you buy or sell stocks or other types of securities.
  4. Suitable for younger investors with a high risk tolerance- Weekly options trading is often recommended for younger investors who are comfortable taking on more risk in order to potentially earn larger rewards.
  5. Bonus (strike price)- Many weekly option contracts offer a bonus (or strike price) that can increase your earnings if the stock meets or exceeds that price by the time the contract expires.
  6. Additional weekly call options- Even if you don’t take the standard option and sell after a week, you can still purchase additional weekly call options.
  7. Potential for large profits- With the right investment, it’s possible to make a lot of money through weekly options trading.
  8. Time-Consuming: As weekly options move very quickly, trading weekly options is very similar to daytrading. So you will need to constantly watch and be aware of what your trade is doing, because you might need to exit the trade in an instant. Because of this, for most busy people, swing trading is often a better lifestyle choice. (Which is why our trades inside The Empirical Collective are longer term swing trade.)

Are Weekly Options Better Than Monthly Options?

There is no simple answer to this question, as it depends on a variety of factors including the investor’s age, risk tolerance, investment goals, and amount of time they can spend monitoring their trades during the day. Generally speaking, however, weekly options offer an intense amount of potential reward and risk, but longer-term options offer a lower-stress trading option.

Weekly options offers a lower degree of long-term impact compared to monthly options. This means that if the stock moves in the wrong direction, the weekly option holder will lose less money than the person with the monthly option. However, weekly options are also less flexible; they can only be traded on certain days of the week.

Weekly options are a great option for investors who are new to trading, though they’re not as flexible or safe as monthly options. They have the same advantages and disadvantages as monthly ones, but the short standard option size is what makes them slightly safer than day trading futures.

Weekly options are ideal for young and risk-tolerant investors because of the low minimum investment amount required to trade weekly options. Additionally, weekly options trading is not a long-term investment. Weekly options are only good for short-term trades, as they must be sold at the end of the day to get the strike price. This makes them solely driven by day-to-day fluctuations in the market.

Weekly options trading can be profitable, but only if it’s done correctly with proper risk management and a strategy for selling out at the end of each week or month.

The majority of companies that issue trade alerts (including the best options trading alert service we’ve found) trade options with an expiration 1-2 months out.

Weekly Option Alert

In our option alert trading service inside The Empirical Collective we provide trading recommendations for monthly options – NOT weekly options, making it a great resource for members who want to make money trading options.

We provide our members with our exclusive trade alerts via email and post the trade details inside our members area. This allows subscribers to have access to the latest information and trade recommendations as soon as they are made – according to their own schedule.

More on Weekly Options Trading

When looking into weekly options trading signals, option spreads can help provide downside protection in the event the underlying stock declines in price. For example, if you own shares of a company and it starts to decline in price, you can sell a put option to generate income and protect your investment.

You can initiate a weekly covered call trade by buying one hundred shares of a stock and then selling a call option on the same stock. This strategy can provide downside protection to investors by eliminating the risk associated with owning shares, while also generating income on margin if the stock falls in price. In other words, you can make money even when the stock goes down!

Call options play a key role in reducing the cost basis of an underlying stock. When you buy call options, you are buying the right to purchase shares of a company at a specific price. This allows you to control your costs, and can be a great way to reduce your risk.

The sale of a call option can provide downside protection to investors by eliminating the risk associated with owning shares, while also generating income on margin if the stock falls in price. In other words, you can make money even when the stock goes down! Covered call trades provide cash income and attractive returns.

spx option trader review

Covered call trades are a risk diversifier for your investment portfolio, but they come with higher risk than other strategies. However, this is mitigated by spreading them over two different underlying stocks at the same time or by buying put options that can increase profits on an existing call option purchase.

A small account covered call portfolio is a strategy to mitigate the risks of covered calls by spreading them over two different underlying stocks at the same time or by buying put options that can increase profits on an existing call option purchase. This gives you more flexibility and helps protect your investment from potential losses.

Options Trading Alert Services

Right Now, You Have the Opportunity to Join Our Trade Alert Service at a Staggering Discount

Options trading is a tough undertaking right now. The American people are maxed out and have no way of getting ahead, so they need to do what they can to make money and save themselves. However, the only person with the power to change your situation is you. That’s why The Empirical Collective is offering discounted access to our membership for the first 50 sign-ups. This offer will close as soon as we’ve added 50 additional members, or when we’ve completed our system upgrades…whichever comes first. And even better, we offer a win guarantee that nobody else in the industry will. Plus, we’ve had astronomical win rates up to 95.918% win rate and a quadruple digit annual returns. So what are you waiting for? Join now and get started.

With our Weekly Trades, We’re Here to Make It Happen for You

The Empirical Collective provides entry, stop, and target prices for all it’s trade alerts. Our focus is on swing trades and are NOT weekly option trades as our trades have a longer expiration date than 1 week. We do this because we don’t want you to have to constantly be on your computer daytrading – we want to help you make money while you’re at work, on vacation-whenever you have time! And so with our trade alerts we focus on longer-term swing trades so that all you need is an internet connection to get real-time options trading alerts.

See What My Members Are Saying About Our Option Trade Signals

See what our members are saying about a membership inside The Empirical Collective:

“Thank you, Thank you!
Followed your steps exactly, and sold half way the first time and sold the rest today.
Profits both times!!
Two full days worth of work made by a click of the finger!
You Guys Rock!!”

-Jeff Odeh

“Did my first option play after signing up last night.
I was late to UNG but bought the options this morning and sold today for a nice 6% return.
Would have been higher if I signed up earlier!”

-Francine Bernier

“These trades show a lot of potential.
I am planning to add to my retirement based on your trade alerts.”
-Geoff Ewing

 

Weekly Options Trading Signals
For other articles, see:

Best options newsletter
Shark Fin Trading Indicator
Base Camp Trading Review
Wendy Kirkland Reviews
Are chromebooks good for stock trading?

Base Camp Trading Review: Find Out If This Service Is A Scam Or Legit

Base Camp Trading Review: Find Out If This Service Is A Scam Or Legit

In this Base Camp Trading Review I’ll show you if Basecamps’s worth your money, of if there are better choices.

Basecamp trading boasts having 129,000 members, and 75 years of combined trading experience.

They claim to have been created specifically for people who don’t have large trading accounts, who want to learn how to trade the right way.

But do they deliver on their claims?

In this Base Camp Trading Review, I’ll cover what they claim and then highlight some user experiences.

11 hour options strategy review

Former members of Base Camp Trading have since switched to The Empirical Collective. With their higher trade win rate (with proof), exclusive trading tools and better pricing, it provides a lot more value than Base Camp does. Click here to see proof of their trading record.

 

 

Base Camp Trading starts by giving potential members an outline of their onboarding process as follows:

  1. Joining and going through their price action trading course
  2. Practicing on a simulated account with trading mentors and peers in trading dooms
  3. Begin trading with 1 contract at a time

They claim to have 2 live trading rooms, first rate trading technology and indicators, along with pros who have a lot of market experience.

There is also a reference to a chat room that is available 24/7 where you can ask questions as well as videos emailed out regarding the daily and weekly market outlook.

The Basecamp Trading Strategy

Base Camp Trading claims that they strategize rather than speculate, and teach their uses to find asymmetric risk vs reward trades.

They say that they focus on consistent, repeatable trades (hitting singles rather than home runs.

Information on Their Returns

They claim that the amount of money you make per month is up to you.

I guess they feel it depends on how much you trade and how you scale in and out of their trades.

They also mention that one of their programs has a 94.8% win rate (with a 5.3% return per trade), but there were no links, pictures or links to any form of proof to back this up.

Compared with competitors like The Empirical Collective (who show proof of a 95.918% win rate, where their the average return per trade was 30.91%.

 base camp trading login

The “Mastermind” Behind Base Camp Trading Business & Website

President & Founder Drew Day

Drew the one of the trading gurus who started Base Camp Trading and says he’s a 16-year hedge fund veteran. He says he’s managed over $6.5 billion in assets. Apparently, he has experience in systematic trading and portfolio management, specializing in trading futures markets using a low-leverage strategy. He traded 40 distinct futures markets across eight different industries as a Commodity Trading Advisor (CTA). Drew has spoken at Bloomberg Markets in London and New York, and his name appears as a top industry expert in Bloomberg Wiley’s book “A Visual Guide to Hedge Funds.” He also works in proprietary trading and has his own business that specialises in quantitative, behavioural, and machine learning trading techniques.

The Money & Cost

On their website, they say it costs $97 a month.

Overall Thoughts on the Base Camp Trading Site

They don’t say if they give specific trade ideas or alerts.

When reading their website, it implies that they are more about supplying general ideas for swing trades and market direction in the videos they send out to their members.

It seems that members are more left to follow along any of the trades they post inside the trading room – as an “in the moment” kind of thing.

The Final Thought On This BasecampTrading Review Before Looking At a Review From the Internet

At the end of the day, Base Camp doesn’t seem transparent enough.

With no proof of the trade win rate that they claim, I recommend a hard pass on their service.

They didn’t really make it clear as to whether or not they would provide exact trades to follow in their trading rooms.

Or what kind of trades (daytrades or swing trades) would be provided (if any) once members are in the trade rooms.

It seems like you can observe and if you’re quick enough,

Especially as there are so many other better services available.

Reviews from The Interwebs: Basecamp Trading Review: The Drew Day Scam!

There seem to be a number of very negative Base Camp Trading reviews online.

One of the chief concerns from the negative review we found seem to be that Base Camp charges to learn different trading techniques and indicators.

The Naked Trading Mastery Course – Complaints About Their Futures Trading Products

In selling their monthly membership, Base Camp offers potential customers a trading course they say is worth over $800.

But on one critic’s review, he alleges that the trading info Base Camp provides “is absolutely useless.”

The critic went on to say that when he entered the trading rooms, he couldn’t find any “actionable information or trade recommendation.”

He felt that the trading moderators were talking rather than trading.

The reviewer also claims that “Thomas Wood of Base Camp Trading was clearly paper trading or using a simulated account” and that he posted only generic directional ideas on his Twitter and Stocktwits accounts, rather than trade specifics.

This same negative review looked to be posted in many different places online.

When I looked into any complaints listed on BBB.org, there weren’t any.

So it’s tough to say for sure whether this complaint is legit, or if it’s a someone who bought the service, lost a few trades and then went posted negative reviews because of it.

base camp trading review

When looking for a base camp trading review, most request about their trade performance

And while they claim to have a 94.8% win rate for one of their products, I couldn’t see any proof whatsoever to support this claim on the base camp trading official website.

If a company is going to make a claim as to their trade win rate, they should provide some sort of proof.

For example, on their sales page The Empirical Collective makes a claim to have had a 95.918% win rate. They then supply a list of all the winning and losing trades they posted over a 7 month period.

Bottom line : if you’re making a claim you should provide some sort of proof.

With this lack of proof, it makes Base Camp seem a little less trustworthy.

And because they don’t seem to come right out and say whether they will be providing specific trades for their members to follow, we would have to assume that this isn’t part of their product offering.

Maybe their taking a little more of a “general market” advisor approach where they let people take their price action trading style courses and then make their own trades from there.

People were also interested in the following topics…

Base Camp Trading

Basecamptrading is a website offering “learn to trade” information as well as a trading chat room. There have been many negative reviews posted about them, with previous customers saying a membership inside TheEmpiricalcollective.com provides much better value.

Basecamp Review

The reviews we found weren’t kind to BaseCamp. It seemed one upset user posted the same horrible review multiple times all over the internet. Because of that, we have to recommend a membership inside TheEmpiricalCollective.com as a better choice.

The naked trading mastery course

The naked trading mastery course could refer to two different courses. The first is the one made by BaseCampTrading where they say they will teach you everything to know about trading using price action. They sell this on their site for just under $900, but it’s really there just to be used as a bonus to get people to sign up for their monthly membership trading rooms.

The other course is a course offered on Udemy that is a primer on learning how to trade forex.

What are the basics of trading options?

Options are contracts that provide the bearer the right, but not the responsibility, to purchase or sell a certain quantity of an underlying asset at a predetermined price at or before the contract’s expiration date. Options, like most other asset types, may be acquired through standard brokerage accounts.

Because they can improve a person’s portfolio, options are a valuable tool in any trader’s aresenal. They do so by increasing their revenue, providing protection, and even using leverage.

You can also use options to generate additional revenue against stock you might be holding. They’re also frequently employed for speculative objectives, such as betting on a stock’s direction.

Options Are Part of the Derivative Family

Derivatives are a bigger category of securities that includes options. The price of a derivative is determined by or derived from the price of something else. Options are financial security derivatives whose value is based on the price of another asset. Calls, puts, futures, forwards, swaps, and mortgage-backed securities are all examples of derivatives.

Calls and Puts

Derivative securities, such as options, are a sort of derivative security. The price of an option is inextricably related to the price of something else, making it a derivative. When you purchase an options contract, you are given the right but not the responsibility to buy or sell an underlying asset at a certain price on or before a specific date.

A call option entitles the holder to buy a stock, whereas a put option entitles the holder to sell a stock. Consider a call option as a deposit for a future purchase.

A put option allows the holder to sell a stock at a predetermined price. So if the price of the asset dropped, the person holding the put would make money.

Sooo, how do options work?

When it comes to pricing option contracts, it all boils down to calculating the likelihood of future price events taking place.

The more probable something is to happen, the more expensive it will be to buy an option contract that covers the likelihood of that event happening.

A call’s value, for example, rises when the stock (underlying) rises.

And then when a stock drops, a put’s value increases.

This is crucial to getting your head around option contract pricing.

How Time Decay Affects Option Pricing

The closer an option gets to its expiration date, the less valuable it becomes.

This is because as we go closer to expiry, the odds of a price change in the underlying stock drop dramatically.

So if you buy an out-of-the-money one-month option and the stock doesn’t move, the option loses value with each passing day.

A one-month option will be less valuable than a three-month option since time is a factor in the price of an option.

This is because the likelihood of a price change in your favor increases as you have more time available, and vice versa.

As a result, an option strike that expires in a year will cost more than an option strike that ends in a month.

Time decay is the cause of this option losing value as time goes by.

If the stock price remains unchanged, the identical option will be worth less tomorrow than it is now.

Volatility Also Affects The Price of Options…

Option prices are also affected by volatility.

This is because uncertainty raises the chances of a positive outcome.

Larger price fluctuations enhance the chances of significant moves both up and down as the volatility of the underlying asset rises.

Price fluctuations that are larger will enhance the likelihood of an incident occurring.

As a result, the more the volatility, the higher the option’s price.

In this sense, options trading and volatility are inextricably intertwined.

A stock option contract is the choice to purchase or sell 100 shares on most U.S. exchanges; this is why you must multiply the contract premium by 100 to determine the total amount you’ll have to pay to buy the call.

Remember to always paper trade and get a handle on pricing options before start any challenge base.