Learn to Trade Options: Choosing the Best Options Newsletters

Breaking down options newsletters with options guru, Bernie Schaeffer

Dec 13, 2020 at 12:00 PM
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    The U.S. equity options market can provide incredibly rewarding opportunities if the assets are utilized properly, and with extreme discipline. Demanding both in-depth research and extensive data supply, it is not easy for the average trader to easily enter the options market. Trading options successfully requires the proper education, immense discipline, proven techniques, and - most importantly - an edge over others in the options market. With so much opportunity available through utilizing options trading, a great resource for beginners to get started is to partner with an established options newsletter publisher, like Schaeffer's, to provide an edge in trading.

    Subscribing to the best options newsletters via Schaeffer's allows traders to trade with professional-grade information for the price of a retail subscription fee. Our mission at Schaeffer's has been, and always will be, to bring Wall Street to Main Street in a safe way for retail traders. There is far too much opportunity in trading options for it to be reserved for just the professionals.

    It is extremely critical that you choose options newsletters that are well researched, developed by well-regarded industry experts, and are published by companies with a long standing reputation of generating profits and providing comprehensive support for its members. This article will cover the key subjects that must be considered prior to joining any options newsletter, and will also provide an overview of the best ones in the market.

    What to Look for in Order to Find the Best Options Newsletters

    There are tons of options newsletters available, and it can be difficult to decide which to go with. Usually, it will come down to price, and that is not a good decision tool. Among all the options newsletters claiming to be the best, choosing the right one can be a daunting task. To make your journey to profiting with options a little more simple, we have compiled a list of characteristics that will help you to distinguish industry experts from the rest. Here is what you should look for to find the best options newsletters:

    1. Reliability plays a vital role when you are investing your valuable time and hard earned money with a company. Make sure to note how long the company has been in business, what the reviews for the company look like (especially on Google).Moreover, make sure the reviews mention praise of customer support. Making money with options is obviously the primary goal of most traders, but having the support system in place to ensure a trader understands how to reach their portfolio growth goals is critical. Try giving the company a call and ask some general questions - see how long it takes to reach a representative.
    2. Transparency is another key to determining which companies will provide you with the best options newsletters, and which are all hype. When choosing an options newsletter, ask for a detailed record of historical results. Too many newsletter companies provide "hypothetical results" which do not reflect the subscriber experience at all. There are also newsletter companies that may disclaim their claimed results in fine print. Just ask for transparency and trust your gut on whether or not you receive it.
    3. Expert Credentials are critical when choosing the best options newsletter. A newsletter's performance is only as good as the expert research and analysis behind it. The stock market is a highly competitive field, and only those with exceptional insights can thrive in it, especially in options trading. In order to earn your trust at the onset, request that the company provide its credentials. How long have their traders been with the firm? What kind of research do the traders use? What proprietary tools are available to customers that would not be available otherwise? Make sure that you feel confident you are working with someone who is truly competent.
    4. Industry Respect is key. An options newsletter publishing company with respected trading experience would be regularly used by major market news sources including The Wall Street Journal, Bloomberg, MarketWatch, USA Today, Reuters, CNBC, and US News and World Report.

    Another thing that is nice to have when looking for a partner in options trading, is diversification. Does the company just offer one options trading newsletter? If so, a one-size-fits-all approach is not usually effective in options. The wide array of available options strategies allows for sophisticated diversification of your options trading portfolio. Diversification means that a traders includes a variety of options buying and options selling strategies as tools for both protecting and growing his portfolio. As a beginner cruising through a long list of options strategies, you may find it difficult and overwhelming to navigate all of the options. Schaeffer's Investment Research, the best options newsletter publisher in the world, can help you.

    Schaeffer's Investment Research has been at the forefront of the options industry for nearly 40 years at the time of this writing. We believe wholeheartedly in providing expert-level trades to traders of all experience levels from beginner to expert. Our analysts, with a combined 125 years of trading experience, can be a strong asset to even the most advanced options traders by providing additional ideas and trades to watch using our Expectational Analysis methodology.

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