This is the launch pad to find reviews on various option recommendation services. Click any of the links below to find our take on Pete and Jon Najarian's Optionmonster, Big Money Options formerly Changewave Option Trader, Cramer's TheStreet.com Option Alerts, Ken Trester's Options , Bernie Schaeffers option picking services, and Lenny Dykstra's options service. Optionshawk.com, optionsizzle and Andrew Keene's Keeneonthemarket
A few of the services have a free portion to their web site. The one with the richest content is optionmonster.com. Here are some quick notes on optionmonster.com.
Please note that these reviews are based from a lay person's point of view. My experiences are based on the period of time that I subscribed to the services and your experience may differ from mine. I am still a current subscriber to some of the services covered here.
All option picking services will have bad streaks and it may be that I caught some on a very bad streak. I did not use Lenny Dykstra's service at all. I did frequent the free side of optionshawk and optionsizzle for a minimum of three weeks to get a feel of what they were up to. The rest of them I used for a minimum of three months which seems to be plenty of time to determine if a service is a winner or not.
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.