If you’re an options trader, you’ll want to sign up for a service that will keep you informed about stock market news. But which one should you choose? We’ve compiled option alert service reviews from several sources to help you choose the best option alert service for your needs. These include Mindful Trader, Benzinga Pro, Market Chameleon, and more. Each of these option alert services offers different features and is worth looking at.
The most interesting aspect of a Mindful Trader option alert service review is its emphasis on stock picks. Unlike other service providers, Mindful Trader focuses on identifying wise stocks based on extensive backtesting. Whether you’re new to trading or have a large portfolio to monitor, this option alert service can be the right fit for you. Users receive a comprehensive information profile on each stock picked, which can give them added confidence to part with their cash.
Although the company is fairly new to the market, the option alert service reviews founder of Mindful Trader has been documenting his investment picks for more than 20 years. In fact, if you subscribe to his service, you’ll have access to public views of his picks. Eric Rasmussen also sends daily market commentary emails. While you’re not required to log into the trading platform constantly to see the stock picks, you can still reap the rewards of the service.
Motley Fool Options
Among the many Motley Fool Options alert service reviews that are available, we found the ‘rationale’ section to be the most valuable. This section explains why Motley Fool Options experts feel a certain stock is a good candidate for an option trade. The rationale section includes a company’s strengths, weaknesses, and opportunities. It also describes the strategy used to make the recommendation. Whether you’re new to options trading or have been using the method for many years, you’ll benefit from the detailed explanation.
The Motley Fool Options alert service uses a variety of advanced strategies to make trades for subscribers. They provide several alternative options strategies for each alert. This is particularly important as most traders don’t have the time to monitor the market all day long. Motley Fool Options believes in providing actionable research that works for subscribers. Therefore, subscribers can expect a few reports a month. For those who have limited time, this may not be the best option.
If you are a trader who often finds themselves overwhelmed by multiple tasks, you should consider signing up for a Benzinga Pro option alert service. With this service, you will receive an email when a particular stock has news or information that could affect your position. You can choose to subscribe to the newsfeed by category or sector. You can even customize the news feeds based on watchlists.
Benzinga Pro is a good option alert service because it provides real-time newsfeeds and investment information. The service’s news feed updates regularly and covers the latest developments in the markets. The alerts are triggered by important announcements from the SEC or the FDA. Moreover, they are timed to coincide with important company PRs and announcements. You can also use the service to monitor your own portfolio and make informed decisions.
Despite its popularity among options traders, Market Chameleon is not an ideal option for those who are just starting out in the market. The software can be difficult to use for novice traders, but it provides several features that advanced users will love. One of these features is a free trial period for all premium plans, which is an excellent way to test out the service before you commit to a subscription. Another useful feature is the option to set alert triggers and create watch lists, allowing you to make informed decisions based on the market.
While many of the options alert services on the market have a user interface that is outdated and unattractive, Market Chameleon’s research tool is surprisingly flexible. Its unusual options volume screen helps you identify stocks with higher option trading volume than usual. It also has a stock-specific interest scanner, which displays stocks with high or low implied volatility. Several other helpful features include customizable options and a volume scanner for stocks. There are many more features to choose from when using this service, including single-leg, butterfly, and condor trading strategies.