A good option alert service gives daily tips and news. It also offers video newsletters with educational materials for both newbies and advanced traders. These educational materials can range from live trade examples to library of explanatory films. Ultimately, you need to choose which option trading alert service works best for you. Southers Painting blog will discuss the best options trading alert service for investors to decide which one to use.
Kings Trading Systems
Kings Trading Systems is an options trading alert service has a great educational component to help noobs and experts learn to trade options. It also includes in-depth explanations and a section on allocation. You’ll find a strong sense of community amongst Kings Trading Systems members.
You can also communicate with other members via the community message board. These message boards are limited to registered users. This helps to increase the quality of online conversations. One of the best ways to expand your knowledge about trading is to talk with others who have been in your position. You can also learn from their mistakes. Some members can offer mentorship and help you develop your own options strategy.
Kings Trading Systems is an option-picking service created by two renowned investors. Much like Stock Advisor, it provides recommendations for options trades. The service is not free but offers several premium services that investors can use to make smarter choices.
Seeking Alpha Premium
The Seeking Alpha Premium options trading alert service puts exclusive tools into the hands of individual investors. These tools are designed to help you find opportunities based on fundamental and technical analysis. The site also offers a curated VIP experience. This service includes direct access to the service’s leading analysts and traders. In addition, you’ll have access to model portfolios, market trading rooms, and expert services.
With Seeking Alpha, you can monitor the performance of your portfolio with real-time updates and stock ratings. The service also allows you to set alerts to your favorite stocks and view all of the author’s previous analyses. Moreover, this service allows you to filter out the most likely investments for you by market capitalization, investment style, country, and long/short.
You can use Seeking Alpha’s screener to analyze stocks and ETFs and choose the ones that look like profitable investments. The service also tracks news for investing opportunities. In addition to receiving personalized email alerts, you can also subscribe to up to 15 investing newsletters. All of them contain research on stocks and use quantitative analysis.
Benzinga Options
The Benzinga Options trading alert service offers a wide range of features for traders who trade in the options market. It has a real-time newsfeed and offers a large range of useful data collection tools. In addition, the service has real-time analyst ratings, which are useful for day traders who are in a hurry to make their next trade.
The service relies on the insights of veteran options trader Nic Chahine, who has achieved significant results in the options market. The service delivers up to 24 picks per year and two winning trade ideas each month. The Starter package is a great way to get started with the service as it comes with ideal price targets and an expected timeline. The service also caters to intermediate and advanced investors.
Benzinga Pro subscribers can set alerts on specific sectors or categories. They can also customize their notifications by setting up alert sounds and desktop pop-ups. Subscribers can also set up as many watchlists as they wish and receive real-time alerts and summary emails.
Optionsonar
If you are looking for a service to keep an eye on the options market, Optionsonar is an excellent choice. It offers an easy-to-use platform that has adjustable settings. Its watchlist feature allows you to monitor options activity for specific equities. It also features an Unusual Activity Scanner. Premium subscribers can save data and customize their alerts. If you want to stay on top of the market, you can opt for multiple option scanners for $75 a month.
Optionsonar is a web-based platform that analyzes the options market and identifies large movements. It can also detect the trading activity of institutional investors and track unusual options activity. The service allows users to follow a list of unlimited stocks. There is also a watchlist feature where you can save the stocks that you’re interested in.
Premium subscribers also get full access to real-time option flows. Premium subscribers don’t have access to multi-factor alerts, intraday scanning, or backtesting, but these don’t affect unusual options activity tracking. The Premium plan is more than sufficient for most traders. It also includes 1-on-1 training for new users.
