As a current and former subscriber of various option recommendation services, I am able to provide an honest insight in how the different option newsletters or recommendation services operate and rate of success along with reviews of the different brokers.
Most have you have heard of stock options by reading financial articles, from watching television, or from a friend. You've probably have heard the stories of people making lots of money with options. It is important to stress that the potential to lose some or all of your principal with options does exist. Most lose money with options. The biggest culprit has been a lack of discipline on the investor's part and high transaction costs.
Before signing up for any of the option services reviewed, please visit our getting started page. It is an important guide that should increase your chances of success should you decide to try options.
You can make money with options whether the market goes up or down. Many incorrectly think that you have to be in a soaring market to make bucks with options and this is just not the case.
Anyone that watches CNBC will be familiar with Optionmonster. Due to their exposure on the financial news network, Pete and Jon Najarian probably have the highest profile with the general public when it comes to options. To see our take on their Optionmonster service click here. Quick notes for those visiting the free side of optionmonster.com. A bio on Jon Najarian and a glimpse into the busy day in the life of Jon Najarian. Who is Pete Najarian? Complete with pics of Jon and Pete.
If you watch CNBC then you will also know about Jim Cramer. He certainly promotes TheStreet.com without fail and you may be familiar with his Real Money or Stocks Under 10 programs. What many might not know is that TheStreet.com offers an options service called Options Alerts. We review Options Alerts here Recently Updated.
Some of you Fox Business News viewers will be familiar with the jovial Toby Smith. His Changewave service offers an Options Trader service as well. Our take on Big Money Options formerly known as Changewave Options Trader service. Big Money Options Live Review
Those with lower profiles with the general investing public, but still highly respected in the trading community are Ken Trester and Bernie Schaeffer. There is also former baseball star outfielder for the Mets and Phillies -- Lenny Dykstra's option service.
The latest option newsletter service keenonthemarket.com
We do not post recommendations from any of the option newsletter services.
I would kindly suggest coming back to this site for updates. I have recently provided updates to a couple of the services as well as news that takes place from time to time in the options world. I also try to keep up with the services offered by those in the option picking arena.
The risk of loss in trading securities, options, futures and forex can be substantial. Investors must consider all relevant risk factors including their own personal financial situation before trading. Options involve risk and are not suitable for all investors.