Weekly Options Trading

Weekly Options Trading
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  • Verified Trades
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1.0

Summary

A big tangled web of related investment websites offering all manner of fantastical investment returns–with nary a loss. The company is unwilling to reveal who is offering this ‘sure-fire’ investment service. Unwilling to provide verifiable proof that the trading signals were ever actually executed. Appears to be employing a marketing strategy of creating a website, promoting with Google ads, then shuttering the website a short time later.

The company refused to answer any questions from TradingSchools.Org.

This appears to be a very ‘fishy’ situation.

Thanks for reading today’s review of Weekly Options Trading

What is Weekly Options Trading? The company is a trading signal provider that specializes in trading stock options. The cost of the service is $129 per month.

Before I go any further, it is important to note that the website: WeeklyOptionsTrading.com is only one of MANY websites that are currently promoting the exact same service. Using Ahrefs web analytics, we discovered a large and interconnected ecosystem of ‘Options Signal Providers’ that all appear to be offering fantastical returns. Many of these interconnected websites appear to be active for a few months, and then just as quickly are shuttered.

Think of this situation as a large pool. And within this large pool are active websites floating around, promoting the same service. And next to these active websites are a multitude of non-active websites that have been promoting the same sort of ‘Options Trading Signals’ at some recent point in history.

And so the next question is how does this pool of websites continue to draw new individuals into the web? We next analyzed the marketing structure and discovered dozens of Google advertisements that trigger whenever someone searches for terms related to options trading. It is a clever marketing strategy.

The big question…why so many active websites that appear to be promoting the same trading service? And why so many websites that are now inactive? It certainly looks suspicious.

Let’s take a quick view of several of the websites that are currently active:

  1. WeeklyOptionsTrading.com
  2. WeeklyOptionsTrader.com
  3. Options-Strategies.com
  4. NextLevelTrading.com
  5. CallOptionsStrategies.com
  6. OptionsSpreadStrategies.com

There are actually quite a few additional websites that appear to be ‘cut from the same cloth’, that are housed on the same server, contained within the same data center. All promoting what appears to be an identical stock options trading service. This commonality, as well as the same cookie-cutter Google ads feeding into these websites, looks very odd.

Whom is running these websites?

Truth be told, TradingSchools.Org cannot be sure. After viewing many of these websites, we have uncovered various names and photos of person’s that may or may not be real persons. Why so many random persons?

None of the websites contain the name of a specific person generating the trading signals. It appears that the company has taken great detail in keeping this information hidden. It looks strange, and shady as hell.

TradingSchools.org sent multiple tracking emails to the company, all embedded with trading codes in hopes of uncovering who is actually operating the company. We could watch in real time that the emails were opened. But we never received a direct response. Not a good sign. This does not mean it is a scam, but it is certainly terrible customer service.

Common Performance Claims

Another commonality of all of these interconnected websites is the fantastical performance of the trading signals. The following are several screenshots pulled from several of these websites. It is important to note that several of the now defunct websites also show similar results.

Obviously, these are excellent performance figures. But I have few questions…

  1. Why is the company using various websites to promote the same product?
  2. Why isn’t there a real person taking claim to the performance?
  3. Why does the company not respond to TradingSchools.Org?
  4. If these returns are real, why not show a brokerage statement that verifies this information?
  5. Why are so many websites now defunct?
  6. Since 2009, no losing years. Is this realistic?
  7. 95% winning months. Really?

These are really tough questions that the company does not appear willing to answer.

If I were able to produce these sort of fantastical investment returns, why sell a service for a paltry monthly fee?

Plenty of smoke. Once again, I am not calling this company a burning house of fraud, but it certainly looks suspicious.

Wrapping things up

When it comes to investment advice, especially investment advice that originates from the internet. You should be very wary. In my experience, after writing hundreds of reviews about various trading educators, trading software, trading mentors, and signal services…nothing compares to verifiable brokerage statements. And this company does not appear to be willing to provide even the scantest bit of evidence that any of these trading signals are authentic.

Thanks for reading. If you have any experience with this company, would love to read about your story in the comments section below.

For whatever reason, this ‘sure-fire’ options trading signal service reminds me of a recent Investor.Gov warning video. Thanks for reading.

 

 

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8 Comments on "Weekly Options Trading"

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Joshua McFall
Guest
I don’t know how to create redacted statements, but I would be happy to send them to you. I followed this trade recommendation service, optionspreadstrategies.com for just over 2 years. I started with $5,000 in April, 2015, and added $1,000 in June, 2016. In May, 2017, my account balance was $10,200 or so, using a 50% allocation each month for the 1 trade this service recommended. Considering I was in for $6,000, I thought getting up to $10,200 in 2 years was pretty darn good. The problem with this company is the huge risk. They are probably using Thinkorswim to… Read more »
Rob B
Guest
“I don’t know how to create redacted statements”. Just cross out your account number, but really need to show your brokerage statements live using a screen sharing program to really verify. But really the best thing is to have the actual vendor show proof of his claims, as no one knows if you actually traded the vendors recommendation or not. I noticed your performance is much lower than the vendors claimed performance. But then I reread your post and am a bit confused. In the beginning you said you made money and then at the end lost money. Where you… Read more »
Cyn
Guest
You say, “Credit spreads are highly risking.” That is not actually correct. Balanced spreads (no naked short option), are defined risk, and less costly than naked long options, with the corresponding smaller reward. The real issue with credit spreads that are so far out of the money is that the risk/reward is still badly skewed to the loss side, so, yes, the black swan event still makes a max loss much worse than all those small wins. You say, “You heard of Karen the Supertrader from Tastytrade.” Karen was doing the actual thing that is high risk, which is, selling… Read more »
Rob B
Guest
Cyn, I am pretty familiar with options. Yes there are lots of ways to use option and I certainly can not cover them all in a post. Most seem to use it as a leverage play with a time factor ticking bomb. I am just not a big fan. That is me. Even if you use them to try and buy a stock at a lower price. To me that means if the stock goes up up up; you never get it, but when it drop you end up buying it. That is just not a strategy for me, but… Read more »
Cyn
Guest
“To me that means if the stock goes up up up; you never get it, but when it drop you end up buying it.” Yes, but that is the exact intent. If you sell the put and the stock goes up, you keep the money and never had the risk of holding the stock. In effect, you get paid to wait. If the stock dips, you get put the stock. In other words, you buy the dip. Agreed that it might not agree with your thinking, but it is a viable strategy, and word is that Warren Buffet buys a… Read more »
Rob B
Guest

I think many of these strategies can be used at appropriate times when they truly make sense. But many folks just jump on what is hot and that is about the time the bubble will burst. Perfect example as you mention trying to do an income generating strategy like Cook taught. I would imagine Buffet only uses put selling strategy at times it makes sense and not as an everyday tool to be done regularly.

One of my biggest long term holding is BRK so I might be doing de facto put option selling.

Cyn
Guest
Well, I was not trying to call you stupid. remember, this is what I said. I have emphasized some words, just in case I am still unclear. “Covered calls are stupid UNLESS you happen to be ALREADY HOLDING the stock and for some reason cannot, or DO NOT, WANT TO SELL.” So, I think you are in the “unless” group? If you are already holding the stock, and intend to keep holding it, using covered calls to reduce cost basis makes a lot of sense. I was referring to those who do the so-called buy-write, where they buy a stock… Read more »
Cyn
Guest

What you have described is typical of strategies that sell credit spreads. If you want to be in that business, then you have to either learn to adjust your trades, or exit them as soon as the short strike is breached on the close.

Do not hold the position, smoking hopium, and waiting for it to come back, as you did with the TEVA trade. It worked out that time, but as you can see, in the other cases, which is what more usually happens, the trade did not come back.

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