Expiration Week Countdown

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14 Comments on "Expiration Week Countdown"

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Jim
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Jim
February 15, 2009 1:32 pm
Schaefer.com Expiration Week Countdown For $200 for the one week of service, during options expiry week Schaefer sends a bunch of picks – when to buy at what price, and when to sell. Pretty clear and easy, for the most part. Unfortunately, their picks have been terrible. For the December, 2008, option expiry, Shaefer’s recommendations were 9 of 10 big losers. As a consequence of the poor December performance, Shaefer offered subscribers the January service free. In January there were 15 picks, of which 13 were losers. To be fair, on 2 of the losing picks, you could have made… Read more »
Fabian
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Fabian
April 8, 2009 7:58 pm

To be fair I tried this system only one month and had performance for the month before and received recos for the month after. On a three-month history, there was no way you could make any money with this system. I lost a bunch.

John
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John
December 22, 2009 11:19 pm
I have received this service for three months. Each month, during option expiration week, I receive about 12 recommendations for purchase of options that will expire at the end of the week. Most have been calls, some puts, and a few more complex straddles, etc. You receive specific instructions on what to buy and a maximum entry price, then you later receive instructions on when to sell. Of 36 recommendations, only 12 have been winners. With only five days (or less) to expiration, you can be torpedoed by a general market move in the wrong direction. In such a volatile… Read more »
Computer Expert
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Computer Expert
April 11, 2010 10:29 am

I was caught-up in the December mess, never heard about the follow-up freebie in January and when I tried to e-mail and call to get more info, I didn’t get a response for over three weeks.

I just got another invitation and as tempting as it is, I think I’ll pass. Once learned, twice burned.

Kim
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Kim
April 12, 2010 8:38 am

To be fair, I did not subscribe to this service, so I would not give any rating.

However, please be advised that according to Hulbert Financial Digest, Bernie Schaeffer’s Option Advisor Aggressive Portfolio lost 20.0% annually since inception in 1982, compared to 10.6% average annual gain of the Wilshire 5000. It makes it probably the worst newsletter ever. Be aware of Bernie Schaeffer’s record.

Lakshmi
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Lakshmi
July 9, 2010 12:06 pm

I subscribed to this service for June 2010. To my recollection, almost all the trade recommendations ended in losses (on top of the $200 service fee). I won’t recommend this service. May be, they got it wrong for last month. However from these reviews, this doesn’t seem like a rare occurrence. Had I read these reviews before, I wouldn’t have subscribed to this service. The risk / reward ratio does not seem good.

As the reviewer “Computer Expert” mentioned, I got this month’s invitation. I’ll pass it too.

wes
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wes
July 9, 2010 12:48 pm
Quick Strike Trader Hyperion Financial I think we all may have seen the top forming. It was too good to be true. The markets rally was held up by vapors. So, i decided to subscribe to a premium service for professional guidance, and some extra cash, through the coming downtrend. I figured leveraged ETFs would be the way to go. I had already been taking several Hyperion services. Penny Stock Breakouts was having a rough time making any strong returns and it was a buy and hold service. Not quite right for the coming test of 3/09 levels. One would… Read more »
Adam
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Adam
July 13, 2010 7:07 am

I tried Schaeffers “Experation week” and they are Consistently wrong!! every trade was Wrong!! don’t wast your money.

Adam
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Adam
July 30, 2010 9:26 am

I tried this service and it SUCKS….stay away from Shaeffers, Ive tried a few of there services and there all Bad.

Larry
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Larry
September 11, 2010 5:17 pm
My overall returns from this subscription service in the past have always been tempered with the many additional recommendations/ideas that do not work out so well, so one needs to be aware of the overall picture here in terms of trying to achieve any semblance of consistent profitability. Having said that, some additional technical/fundamental analysis and/or research on one’s part is always required in order to proactively eliminate the additional recommendations or ideas that won’t work out in order to increase one’s level of profitability (i.e., don’t blindly follow all of the recommendations that they make). I find that this… Read more »
Mel
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Mel
February 20, 2011 2:46 pm

SUX! Off 40% in January then went back for more: off 50% in February. Won’t do this again!!

Anthony James Luciano
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Anthony James Luciano
February 20, 2011 8:20 pm
He’s as fraud as Madoff. Wait once again fellow investors, two Bernie(s) won’t = a profit. Here’s some ideas that Invite you to spend 9 minutes to research on YOUR OWN. T for a dividend play. V for a credit card play, GE for a conglomerate play, HWD for a commodity alternative other than gold play and IPE for safety. These aren’t option recommendations. They’re old fasioned buy and holds that require you to do the research yourself to find an appropriate buy-in time. Wake up everyone, if something sounds so good that correlates the reality, ignor it. I can’t… Read more »
Baba
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Baba
February 20, 2011 11:35 pm

Only good if you can’t handle your cash and really want that dispose off… They’re consistent on losses.
I played a number their recommendations for Week of FEB 14, 2011 and lost over $1500 of my capital.
Apart from their trading advice, their customer service is excellent and they respond in timely manner.
I only played it as per my friend’s advice who is very satisfied with their Elite Option Program and she is making money as well as her trading account shows…
I will give that program a try as well.

thanks.

Judy
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Judy
May 25, 2011 3:26 pm
I have no idea why everyone is so down on Schaeffers… I love it! I have been subscribing since February 2011. I traded a few trades, then went off for a 3-week vacation out of the country. Came back and then forgot about the subscription. Last week, I decided to pay attention to Schaeffers again. Did 3 trades in 4 days… capital investment of $4500 total for all 3 trades (not much, I know). ROI = $1300. Not bad for a 4 day trade. Schaeffers is awesome… just make sure you’re paying attention to the alerts. Even an hour delay… Read more »
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