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Options Advisory Service


QUESTION - Options Advisory Service:

Hi -

I just came across your website while scouring the net for a legitimate and reliable options trading advisory. I like your 6 check points to alert new investors to scams! I'm currently trading forex & e mini S&P futures through another advisory service & I'm very happy with the fantastic returns!

Now I see that you have recommended two advisory services on your site, but they seem a little dated, & I wanted to know if they are STILL your current recommendations? I have approx. $10-15K to invest & to be brutally honest I'm not really interested too much on the education side (my brain is overloaded on futures & forex material).

I just want a straight up advisory service that will give me FANTASTIC returns (consistently). Im generating about $10K/ mnth through fitures & forex & if you could recommend a similar options advisory I would be eternally grateful.


ANSWER:

Hi [edited] -

Thanks for stopping by.

Yes, I still recommend CallWriter and Terry Allen's Stock Option Success for those who prefer to trade options rather than Leverage Invest with options. I've used both services myself in the past and find them both to be valuable and legit.

CallWriter targets 3-5% a month returns which I believe is attainable most of the time, depending upon market conditions. Over all, there's probably more potential for longer term gains with Terry Allen's service, but calendar spreads with LEAPS and all the customizations he adds makes the service a little more complicated than what a lot of new option traders are apparently willing to take on.

You say you have $10-$15K to trade and you're looking to generate approximately $10K a month in gains (which translates to 66%-100% per month!), consistently, and all without having to learn anything. So do I know of a legitimate options advisory service where you would get all that?

Umm . . . no.

Re-read my Trading Scams page - I'm afraid your question seems to violate Warning Sign #1 and Warning Sign #6.

I think I'd stick with the forex and futures if you're having that kind of success with it.

Best of luck to you -

Brad Castro


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