Options trading service
11 Comments on "Bottarelli Research Options"
Used this service for over a year and was never able to duplicate the returns he reported achieving. Tried all sorts of order methods and trade notice means to minimize as much lag as possible. At the time he was limiting his gains to around the 20% range, but he let his losses run to a point where one loss wipped out 5 profitable trades.Didn’t make sense to me but even with my expression of concerns to him via e-mail this trading pattern continued.
Bottarelli research does not display the losses correctly. Recently they had a DIA put and it was a 100% loss yet never showed it on their history page. In 1 month had a 10k loss this is a very poor service lock n loose
Tried this and other Bottarelli services, which all failed to produce. May be an interesting read, but due to consistently losing trades, the overall rating and value are not worth it.
I gotta agree with the other reviewers. I subscribed for three months since I am retired and can follow the quick in and out recommendations. The prices were never as good as recommended and losses are ignored. I lost an average of about 30% in five or six trades over two weeks and decided it’s like hitting your finger with a hammer; sure feels good to stop.
Just for grins, I decided to see what Bottarelli was suggesting today. The suggestion was to buy FOSL March 16 100 puts @ 3.60. I thought, what-the-heck give it another shot. Bought 2 @ 3.70. So far I’ve lost $100 and FOSL is up $1.22. Looks like FOSL is going to do just the opposite of what Bottarelli thinks. I’ll give it one more day, but my advice RE this letter is do just the opposite of whatever recommendations are made.
New report: I got “stopped” out of FOSL (thank goodness) at the recommended stop price. Lost $170 per contract in one day. If you want to make money with this (I hesitate to call it a) service, do the opposite of what is recommended
Unbelievably bad picks . Do yourself a favor and stay away. Lesson learned. Wish I would have found Stock Gumshoe before I wasted my money with Bottarrelli.