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Bottarelli Research Options

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Rating: 2.1/5. From 64 votes.
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Jay
Guest
Jay
August 27, 2021 3:54 pm

This year I gave it a shot and took a one month subscription. I followed their advice for a week and I lost three times my average order value on a total of 8 trades. They claim that at least 252 of their 300 tips will return a profit. And they talk about 100% or even 200%. It is all nonsense. They make a living selling subscriptions. They do give a few option tips a day but when they call a tip winning and they close the position, they hardly ever make more than 10%. It is even worse. Many of the winning tips are very close to break even. Some are not winners at all. In many cases they are the market. Once they have closed their positons the prices collapse fast, making it impossible to close at or even near the target price. Their losing tips however lose between 50% and 80%. So you need at least 5-6 winning trades to compensate for a losing one. Their earnings strangles are also a load of crap. You need at least 10% change after earnings to just break even. Due to the time and uncertainty premium that is in the price of the option contract, you will lose most of the time on these trades. It is like betting on both black and red at the roulette at the same time. You will not win. I would love to see their track record. I.e. an authorized statement from their broker showing time of opening and closing of each position, number of contracts, price opened, price closed and profit and loss. It is most likely not available. They make their money writing options and luring people in to buy those.

#Bottarelli

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Steven
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Steven
September 15, 2021 1:34 pm
Reply to  Jay

I’m watching his podcast. The 15 minute waffle. Afiliate marketing at its worst. He makes money from subscriptions. If he was that successful? He wouldn’t be sharing his secrets. That’s how affiliate marketing works. The 1% feed off the other 99% failure. The 99% are the product. Of course. There’s always Bruce, according to Bottarelli. Bruce is a Gazillionaire since Brian started talking shit to him!

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Parasite.
Barbara Halferty
Guest
Barbara Halferty
December 14, 2021 12:02 pm
Reply to  Jay

Jay, I was considering the Win both ways stratigey with this guy, but I’m very new at this and need some guidance. Have you found another strategy that works. I’d prefer to sign up with a professional who can guide me along. Any suggestions would sure be appreciated.
Barbs

frank_n_steyn
Irregular
October 31, 2022 11:23 am
Reply to  Jay

I had the same experience with Bottarelli.

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