What follows below is my original review when Steven Smith was in charge. See the recent updated review with Jud Pyle heading Cramer's Options Alerts service.
Jim Cramer is the face of CNBC and his Mad Money show is extremely popular. He lets viewers know that he is the biggest shareholder of TheStreet.com which offers a dozen equity picking services. Action Alerts and Stocks Under $10 are highly subscribed. What he doesn't mention on his CNBC show is option trading, but he does offer an option picking service via TheStreet.com called Option Alerts headed up by Jud Pyle.
In addition to the email alerts, the service provides a weekly outlook on options that touches on opportunities they see developing for the week ahead and they also assess how the previous week's investments are progressing.
As a subscriber to other TheStreet.com services, I was extended a discount to the service. The last time I checked, they were offering a two week trial to Option Alerts at TheStreet.com and it costs $349.00 for the year. This is a very inexpensive rate.
I used the service when Steven Smith was the Editor. Jud Pyle has since replaced him -- See Updated Review here with Jud Pyle at the helm. The rest of this review is what I originally wrote with Steven Smith in charge of Cramer's Options Alerts. Some of you may know Jud from the video spots he does for ONN.tv. His show on options is gaining traction, but I stopped using the service long before Jud Pyle became the editor. I am not sure if his show has turned viewers into subscribers, but I suspect that it would.
This service provided recommendations before and during market hours. They suggested outright purchases as well as spreads. What surprised me the most was how little volume followed the email picks. (continued)