Description
Options trading service, offers a variety of services including Daily Report and Weekly Report and some training courses in a variety of options strategies.
Overall Rating
Rating: 4.6/5. From 74 votes.
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4.6
Rating from 295 votes
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Investment Performance
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Rating: 4.6/5. From 76 votes.
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Value For Price
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Rating: 4.6/5. From 73 votes.
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Customer Service
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OneOption.com
I subscribed to Pete Stolcer’s OneOption.com Daily Report for 3 months starting in February 2010. I took a couple of his paid webinars as well.
Pete is a very knowledgeable guy and also a nice guy. He responds to e-mails promptly and gives well-reasoned answers to questions.
There is a lot of educational content at his mirror site, 1option.com. Everything there is free. It’s a great place to learn about various option strategies.
As far as the paid site, OneOption.com, he offers several different services, including a Daily Report, a Weekly Report, three options services, access to his screener, and a covered call course. There is a separate charge for each service. There is also a separate charge for each of his webinars.
The daily commentary is incisive.
The options picks themselves are hit and miss. With a bullish pick and a bearish pick every day, that’s ten picks a week – or forty a month. With that many picks, he’s always able to feature a pick in his advertising that turned out great. I had some good results and some bad ones. As a beginner, there wasn’t a whole lot of hand-holding. No tracking of the picks, and no specifics on exit strategies.
I didn’t like the idea that I was paying for his flagship service but that he was parsing his “best ideas” out among the various services. So there’d be an ad for the “trade of the year” at an extra webinar, at an extra cost. I felt like he should have a great interest in the success of his subscribers and that if he really felt like an idea was excellent, he should share it with his main subscriber base. I also felt that the pressure to come up with two picks each day – for the daily service alone – led to a dilution of quality and many picks made with less than full conviction.
I unsubscribed after three months. I may try it again some day when I have a better perspective of my own and am able to use his ideas as starting points.
But again: the content of 1option.com is highly recommended. Note the free site uses the numeral 1, while the paid service uses the word “one”.
I am considering to join oneoption. As the reviewer says, daily report seems difficult to manage. One call and one put every day and not having a clear exit strategy makes the service not attractive. I am thinking about weekly report that is supposed to be the most consistent one. Has anyone used the weekly report?
I have been a subscriber to the Level 1 and Daily Report for about 3 months. After getting a feel for those 2 reports I added the remaining reports 2 months ago (The Weekly Report, Level 2 and Level 3.
I have found the service to be excellent and covered the annual cost of the service in the first month. Pete’s research and stock picks analysis is very extensive and the options education is the best I have encountered.
The Daily Report offers 2 picks per day as 1 bullish and 1 bearish pick. The trader then has the ability to trade as he or she sees fit. All the other reports have specific buy and sell recommendations with each report from 1 through 3 adding more diversity in the type of option trades that can be recommended.
The service also includes a scanner which identifies stocks that are breaking out, trending breaking down etc. Charts of all of the stocks in the scanner can be displayed for review.
For anyone who is interested in seriously trading options for a profit One Option is the best I have found after reviewing and trying several others.
I subscribe to Pete’s Level 1 service. His commentary is spot on and Pete knows his stuff. Unfortunately, his picks are not as great. He runs up strings of consistant losses and then fills back with a big winner.
The Level 1 service gives you a few picks per month – long call or puts only.
You can see his picks and how they played out by reading his past research reports and trades. Here’s how he performed based on his Level 1 trades:
2010: Loss of $2557.50
2011: Thus far (7/11) a Loss of $7665.00
This doesn’t look so promising, but I’m sticking with him and using my own thoughts to pick my trades.
OneOption.com, very professional presentations, well organized website. I signed up yesterday for their most expensive service. After seeing Pete’s latest PUTS recommendation, I sent an email asking why the strike price was higher than the stock price on his PUTS recommendation……His answer:
“If you do not know what a strike price is, DO NOT TRADE OPTIONS!”……..Rude!
I immediately asked for a refund.
In response to Christophers review. The answer does seem rude (and Pete should have ideally referred to one of the free online courses). But I have to say, the advise is spot on!
Poorly admined, heavy handed attitude.
http://www.oneoption.com provides options trading research to investors and professional traders. The sIte is currently rated #1 on Investimonials out of over 10,000 financial products. Trust over 90 5-star reviews.
I take my research very seriously and this post is in response to “Christopher”. I tried to protect his interests and my comments were misconstrued. Based on his comments I felt he did not understand options. I’m sorry his feelings were hurt. I always make time to resond to questions, but I keep my comments brief. I could have provided more instruction and I could have handled the situation better. The trade made money and the the customer got a refund immediately. I rarely get complaints. “Christopher has made it his mission to post as many bad reviews as possible (even posting multiple bad reviews on the same site). Here is the entire dialogue between us:
11/15/11 – Trade instructions: If the SPY closes below 125, I like buying the WMT Dec $60 puts. Use a close above $58 as a stop.
11/15/11 – Customer comments: On your report of the 15th, you recommend a WMT Put at $60, but the price throughout the day was $57.58. Do you mean that I should wait until it goes up to $60 to buy a Put?
11/15/11 – My response: First condition: SPY has to be below 125.
If that is true, buy the $60 puts. $60 is the strike price, not the stock price.
If you do not know what a strike price is, DO NOT TRADE OPTIONS!
Make sure you understand options before trading.
11/16/11 – Customer reposnse:”If you do not know what a strike price is, DO NOT TRADE OPTIONS!” ……Wow, that was a little rough !!!!
I have been trading options for over a year. Where I trade, when trading Puts, the strike price is always lower than the current stock price. For instance, on the 14th I bought Dec 30 Puts of MCP. At that time the stock’s price was $32.84. So, at the moment of the trade, the strike price ($30) was lower than the stock price ($32.84).
But I’ll tell you what. Let’s forget this and refund my money back to my account immediately.
11/16/11 – My repsonse: Sorry you misinterpreted my comments.
Refund processed.
Good luck.
Review of the spread service since late ’17 and the option as tracked since summer of 17 revealed too much volatility in results for me to subscribe. However, as an option trader, I cannot argue with the gross profit record for Pete’s option service. The spread service has yet to prove itself. However, based on his youtube seminars and workshops, I rate the quality of Pete’s instruction as top drawer — better than can be found almost anywhere else. That counts a lot in my book. I sense that his online trade rooms are crowded, perhaps too distracting. The monthly performance appears marred by the fact that daily trades are posted ten minutes before market open with no recourse for changing them, and perhaps by divided attention between too many different services. The potential for improvement is there. To me, the quarterly fee is rather steep for the spread service until it reveals a track record (which it probably will).
I subscribe to the Option Chat. I’m in my second year. Absolutely honest, clear instructions about when and at what price to open and close positions and straigthtforward. analysys of the market. By the way, just following the instructions and Peter commentary about opening, adjusting, and closing positions, one learn a lot about options. A maximum of four positions (Calls or Puts) in anyone time. Of course there are some positions that close with losses but the profitable ones far outnumber them. The service has an outstanding profitable track. In the OneOption website there is the Track record of opened and closed positions with losses and profits and reflect to the dot the actual trading. I do recommend the service.
I have been a reader of the blog for multiple years longer than I have been a member at OneOption. I finally signed up as a member and I kicked myself why I waited so long. If you have reservations, read the free blog until you gain confidence in the author. Once you want to trade join the service. The market commentary is only the start of the day. You will find precise easy to follow trade instructions that follow a common criteria. The start of the market is only the tip of the iceberg. So the premium content is the trades and market commentary while the market is open. OneOption has high integrity. The track record is honest and undisputed by members. The track record is based on fills reported by members and most get better fills because they work orders. But if a member simply entered a limit at the instruction that is what is posted as performance. It is rare to be holding a poor fill unless you enter a day later. In the end the record is rounded down in every case. The average fill is often better than what is posted.
In the end you need to make your own decisions on buying. You will do better following the advice on this site. It will take months to learn how to trade with your own picks. The longer you wait the better you will be. Most members with trouble performance trade too much on their own trades and don’t follow the instructions. This site is not all winners. But it is a far higher percentage of winners than I previously had on my own.
Customer service is super quick and far beyond what I would expect during market hours. This is not a get rich quick scheme and it takes effort. But you will have the opportunity to make money and be a better trader. Options are risky and I have learned to not trade against the comments of OneOption. It is not always right, but is right far too much to ignore.
In response to “Eric”. I have been a subscriber to Pete Stolcers trading rooms for 8 years. I have tried several dozen other rooms and sites and my experience is that Pete is the most transparent trader and educator I have encountered. Pete shares his profitable trading strategies and methods with all members and gives extremely detailed technical analysis for all his trades. He offers total transparency and detail, including buy levels, stop levels and take profit levels. Anyone who wants to improve their trading abilities and technical analysis understanding could not be a member of a better site. “Eric’s” disparaging comments come from a bitter trader with an ax to grind, In my opinion, “Eric” expulsion from the room, protected the other members from exposure to a very negative influence.
I’m not sure what Eric is referring to. I’ve known the founder of OneOption for over 10 years, and am currently a happy subscriber. There is some forced decorum in the chat rooms, but that is a good thing. I wouldn’t call it heavy-handed. The market commentary is clear, concise, timely, and to the point. Are there some bad trades? Yes, of course, just as there would be with any other service when the market corrects on a dime. Adjustments are necessary.
There is no weeding out of professional traders. Pete has tried to create an environment for, by, and about traders. I like the morning commentary from Pete, as well as the constant discourse from serious members in the chat. There are good people there, and it has become a very supportive community. Trading can be lonely, but with OneOption, the discourse makes us all better.
Eric (Joel), I like you, but whatever happened is between you and OneOption. It doesn’t help anyone to rant on here. Pete’s results are verified by me, and they are accurate, warts and all. You joined in January when the trades went south (market top). That’s unfortunate, and I was bitten by the same correction. Nonetheless, I’m sorry to see you go, and I mean that. Just please don’t denigrate someone from your keyboard. It is beneath you, buddy. You have a good heart for helping people, I’ve seen you make time to help others first-hand. Please don’t throw it away on trying to hurt someone else.
DanG
I have been a subscriber to oneoption.com since it began, over 10 years ago. Pete Stolcers has always been entirely honest and direct with his subscribers. He provides excellent market forecasts and proprietary tools to make successful trades. He is an excellent teacher and is a person of highest integrity. The April 1, 2018 comment by “Eric” (aka”Joel”) is totally wrong and nefarious. “Eric” is obviously an unprincipled and troubled individual. No one should give that comment any credence.
I’ve been a member of oneoption off and on for over 2.5 years. (medical reasons for membership lapses). I have found it to be the best room I have experienced. And I have been in a number of them. Things I have read in stockgumshoe prompted me to respond.
The track history for each room is spot on and can be confirmed by reading the archives. Members post their fills in a timely manner and those numbers are used in the track record.
If you want to know if Pete is an actual trader spend a day in the “day chat”. That should alleviate any doubts.
One of the best features about oneoption is the laser focus they have on trading the pattern. everyone is on the same page, looking for the same things, and that creates a synergy like no where else I have experienced.
If you are considering joining oneoption I suggest you disregard posts in this thread. Take the $1 trial and spend the week with us in the room and read the archives of the rooms. (You can scroll up in the threads to validate any info you want)
Find out for yourself rather than taking unsubstantiated information from this chat.
Hope this helps.
Terrence,
A review can make a huge difference and when I went to get them via google, it sent me to Gumshoe where I saw Duncan’s review first. I almost stopped right there and wasn’t going to sign up with OptionsOne, Luckily after seeing your review, It sounded more convincing than the other…ITS A SCAM! That kind of review is libelous and doesn’t help the community.
Thanks for clarifying OptionsOne and I look forward to signing up with them.
Hunter
I’m glad you kept digging. In 16 years I have only had one !@#$ I had to bar from the chat room . He was soliciting my members and I asked him to leave with a full refund. He promised to keep posting negative reviews and there is not much I can do to stop him. Look at the overwhelmingly positive feedback I get on my research across all social media. Thank you for posting. If you become a member, please post your experience – good or bad.
Pete Stolcers is an experienced and knowledgeable trader. He has a system that works and has a proven track record. He has several different offerings which allow you to be a part-time or full-time trader, which fits my needs. Some may find him curt, but he is no-nonsense in order to stay on track. If you want transparency, detailed instructions and a profitable system please give him a try. Some of the reviews here are very dated so do your research and make an informed decision.
OneOption is a scam and the reviews are a scam. Stolcers is as crooked and dishonest as they come. He has never made money as a trader and makes his living as a salesman of schemes. Naive individuals in retail can quickly get sucked into his fraud. It doesn’t take long for them to realize it’s farcical at best.
The above reviewer makes bold statements and I am willing to bet has NO proof. I have been a member of OneOption for many years. If you spend anytime in the room you can see that Pete is a trader. He posts his entry and exits in real time with time stamps and price entry quotes. Don’t take my word for it. Read the reviews below and try the OneOption one week free . Take the trial and see for yourself. If you want a chat room where you talk about the weather, or your vacation, or who made a big trade yesterday join another room. I like to be in a room where like minded individuals attempt to take as much as they can out of the market every day with focus and synergy. I like OneOption.
Solicited reviews from co-dependent sheep are farcical at best. As for “take the trial” and “no proof”, there has been and will continue to be evidence collected against this blatant fraud. The wise never show their hand until it’s time to throw down.
I agree, solicited reviews are questionable. So are undocumented accusations. I was neither asked to respond or reimbursed to respond to Duncan. And by the way this co-dependent sheep just took 7 points out of the NQ’s trading with Pete. Hope you find what you are looking for.
I subcribed to his one options service and for the first few weeks we made money, then he started breaking money management rules and not endings trades letting them be 100% losers. I lost all those initial gains and them some. Funny when that service stopped working, he just tweaked things and came up with a new service. Stay away.
The OneOption chat room, and their Option Stalker Pro software are amazing and unmatched by any other resource I have found. They won’t promise you riches, or make other unreasonable claims, but instead they provide a great group of professional traders, and quite a few leaders including Pete who teaches you how to read price action in the market, and really manage your trades and risks. The “no BS” chat room provides a very targetting chat during trading hours that helps you see the trades that professionals are taking, and why – and if you are willing to put in the work – they teach you how to become a very successful trader in your own right!
I’ve been with OneOption for three years—a community and trading system focused on stocks bullish or bearish compared to the SPY. Their professional approach likens trading to careers like the military or medicine, in that you’re expected to study hard and do things by the book or risk being called out on it.
In the chatroom, traders are grouped by experience; veterans act as mentors. They expect you to study extensive materials (educational content on the website and the public wiki) and trade accordingly. Feedback is direct but constructive, mirroring real-world mentorship: they _will_ deservedly call you out on things like asking very basic questions that are covered by the materials, or on executions that do not fit high probability trade criteria. Experienced traders share timely entries, exits, and positions, facilitating easy performance tracking.
The mobile app, OptionStalker, offers Intrinio-powered charts, basic markets ratings and customizable scanners – the built-in ones are pretty good anyways. OptionStalker Pro, the desktop version, provides many additional features such as a long list of indicators, automated trendlines, alerts, market ratings, sector strength, broker API links and even execution capabilities. The apps align perfectly with the community’s system.
The two-week trial gives you free access to all the educational materials on the website, software, and chatroom. It is the best way to experience what the community is like, but I suggest that you only take it when you know you will have enough hours to peruse through the articles and log into the chat room because the content is vast (as you would expect from college-level education). If you want to get a taste for it, just browse some of the more current videos of the OneOption YouTube channel and read the public wiki. Both are very reflective of the day-to-day of the community and of the nature of the trading system.
I recommend OneOption highly. The approach and the educational content will make you a better trader and will help you with mindset and adjust your views on trading. You will not find anyone encouraging gambling or taking 0DTE OTM calls – instead, you will find a systematic approach to trading that will maximise your chances of being part of the 10% that make it.