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Andrew
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Andrew
August 29, 2019 2:42 pm

This service, which I subscribed to, is fake. On 1 Aug, 2019, they sent out a recommendation to sell a put credit spread for RUT at 1525/1500, for expiry on Aug 16. (I have that email and can send it whoever wants to see it.) They said to sell with limit $0.50. Soon afterwards, the market as a whole including RUT tanked, and RUT remained below 1500 until the expiry date. The spread would have lost $5.00, after taking in $0.50. There was no email recommending to exit this trade.

However, on their website, they do not mention this trade which would have lost hugely. They do mention a trade of RUT at 1420/1425, opened on Aug 12 for a credit spread with li