Chris Douthit is a finance guru who claims that his step-by-step strategy can turn anyone into an investor, regardless of experience. But are his option trading strategies legit? Read our Option Strategies Insider Review and see for yourself.
What Is Option Strategies Insider?
Option Strategies Insider is a service that teaches the intricacies of options trading. It breaks down complex topics and strategies that tackle how to read options, pricing, vertical spreads, and more.
It also provides swing trading alerts.
What really sets this service apart from other products on the market is its dynamic use of videos and structure: the videos are easy to follow and offer a nice mix of theory and trading insights.
Chris Douthit, an options expert, helms the service. He created Option Strategies Insider to help folks struggling to understand the market and improve trading performance.
The service has various stock market education resources, including free and paid modules. The free courses offer a range of insights, but the more advanced strategies are found in the premium modules.
An extra perk of this options trading educational program is that its tools can be applied to markets in any environment.
By spending just a couple of hours a week on these lessons, you can master the pros’ options strategies.
>> Already sold? Click here to sign up today! <<
Option Strategies Insider Review: Membership Plans
Option Strategy Insider Strategies offers three separate subscription models. Each tier unlocks even more strategies, features, and tools.
So, while this is an education platform, there are tons of excellent add-ons.
Continue reading our Option Strategies Insider review for the general breakdown of the service’s memberships.
Free Membership
The Option Strategies Insider entry-level membership is considered perfect for beginners and offers hours of option strategy training.
If you’re a newbie looking to understand trading options, as well as learn how to trade them successfully, this module is for you.
The 2-D animation presentations add entertainment to the mix while effectively utilizing auditory and kinesthetic learning.
The module also employs plenty of charts, maps, and diagrams, as well as quizzes, to drill home the principles, and the Free membership offers options traders:
- Beginning Options Course
- Intermediate Options Course
- thinkorswim Training Center
- Investing Books Library
- Options Dictionary
- Trading Examples
- FAQ Database
- Market Blog
- Partner Eligibility
- Webinar Training
The free membership will likely appeal to folks who are just learning the ropes. There’s an intermediate course, which helps bridge the gap between skill levels.
This membership could also be a good fit for someone who has some experience trading options and wants a refresher.
Executive Membership
Executive members gain access to highly researched trades that take advantage of unpredictability in the market.
An executive membership also provides you with a course certificate and access to advanced options strategies, including multi-leg options trading and vertical spreads, plus butterfly strategies and strangles.
Option Strategies Insider posts three to six trades per month.
Since it started, Option Strategies Insider has enjoyed a ~88% success rate, along with a 50% yearly return on capital
The Executive Membership offers options traders:
- Everything included with Free Membership
- Executive Research
- Instant Trade Alert
- Member Forum with Access to Chris
- IV Rank Plugin
- Beginning Options Course
- Intermediate Options Course
- Advanced Options Course
- thinkorswim Training Center
- Discount Transaction Fees
- Watchlists
Where the Free Membership gives you access to options training, the Executive package comes with features to put the lessons into practice, such as trade alerts and watchlists.
If you’re looking to simply test out the platform, you might want to check out the Free Membership first.
However, anyone looking for immediate access to trade ideas should give the Executive Membership a closer look.
Ultra Membership
The Ultra Membership targets more experienced traders who are ready to commit to their financial future.
This membership includes all the perks of the other two, with the addition of long-term power play investment choices that could net vast returns in a single trade.
The Ultra Membership plums the depths to find lesser-known option trading situations that can grow quickly over time.
This membership averages one to three trades per month, and the Ultra Membership offers options traders:
- Everything included with Free and Executive Membership
- Ultra Research
- Executive Research
- Instant Trade Alert
- Member Forum with Access to Chris
- IV Rank Plugin
- Beginning Options Course
- Intermediate Options Course
- Advanced Options Course
- thinkorswim Training Center
- Discount Transaction Fees
- Watchlists
I’m going to dig deeper into the individual tools and features, so stay tuned.
But first, let’s turn our attention to the mind behind the service, Chris Douthit.
>> Click here to start your membership! <<
Who Is Chris Douthit?
Option Strategies Insider founder Chris Douthit is a 20-year veteran of the finance industry. He has an MBA in finance, along with several finance degrees.
Chris earned his stripes as a professional trader for TFM, Spear, Leads, and Kellogg, and Goldman Sachs, and received his training from world-class options traders.
He’s also written several successful books about finance and wealth management; his first book “Mastering Google AdWords” turned him into a household name.
Chris started Option Strategies Insider after discovering that investor sites were being started (and run) by people with no options trading experience.
In a personal letter on the site, Chris assures would-be investors that, once learned, trading options can net more wealth than any other form of investment.
The key, he says, is learning how to trade them properly right from the start.
Something I really appreciate about Chris is that he’s upfront about the real challenges with options. There’s no magic bullet with this investment class: learning how to trade them takes work.
While options are one of the more complex investments, Chris breaks down how to trade options in easy-to-understand modules.
>> Learn Chris Douthit’s options strategies <<
Option Strategies Insider Review: What’s Included?
Option Strategies Insider is packed to the brim with excellent features — even the Free Membership.
It’s important to note, however, that the premium memberships come with trade alerts and more add-ons.
Take a look at all the features this service offers in our Option Strategies Insider review.
Option Strategies Training Center
In the Training Center, members can access in-depth options trading education material, making it the best place to start for a newbie options trader.
It offers access to both beginner and intermediate options courses that make understanding options trading concepts a breeze.
The Training Center allows entry into the thinkorswim platform as well as extremely helpful webinar training.
The Training Center’s educational training modules are divided into three distinct sections.
Beginning Options (8 lessons)
The Beginning Options modules teach the basics that every aspiring options trader needs to learn.
A great place to start is learning how to read options as well as how they are priced.
You can also learn about option “Greeks” — or its risk parameters — in this module.
Intermediate Options (6 lessons)
For the videos in the intermediate section, Chris devotes the first 25 minutes to talking about buying options.
He spends the second 25 minutes using his thinkorswim platform to show real-world examples.
In the third video, Chris goes into more depth about how buying and selling options are taught.
Advanced Options Strategies (11 lessons)
To unlock these lessons, you’ll need a paid membership.
Chris uses the advanced tutorials to drill down on multi-leg options trading and buy-write trading.
>> Level up your options strategy <<
He then deciphers the 7 most popular multi-leg trading strategies, including long and short vertical spread, iron condor, butterfly, and calendar spread as well as straddle and strangle.
eBooks
Option Strategies Insider has a range of eBooks on offer that drill down on specific trading topics.
These are foundational strategies that can be used in and out of the options market.
- The Elements: The Key to a Balanced Stock Portfolio – This eBook teaches the basics of investing. It focuses on building a smart portfolio that can outpace the markets.
- Value Investing: How to Find Undervalued Stocks – As the name suggests, this guide teaches you everything you need to know about finding undervalued stocks. Readers can learn how to pinpoint company shares trading at a discount.
- Cash Flow Positive: Smarter Dividend Investing – Readers will learn how to use dividend stocks as a tool for building wealth. Building steady income with dividends is also a great way to bolster options trading strategies.
- Covered Call Cash: Leveraging Stocks for Income – This ebook shows how to utilize one of the less risky options strategies. It’s also one of the more accessible options strategies for beginners.
- Time Is Money: Conquering the Iron Condor – The Iron Condor is one of the more complicated strategies, but it provides the opportunity for consistent profits.
- The Risk Reversal: The Ultimate Options Strategy – This strategy involves buying calls and selling puts at the same time. The risk reversal strategy is actually used in the Option Strategy Insider’s Ultra portfolio.
Trade Alerts
Members of the premium service receive three to six new options trade alerts each month. Expect at least one new recommendation every week.
Most services I review offer about one to two monthly trade ideas, so Options Strategies Insider is a big step up here. On the flip side, it’s not so many that it becomes overwhelming.
These alerts are a huge boon for anyone without the time to research every single trade they make. They’re already vetted, allowing you to get into the action as quickly as possible.
Plus, you’re getting a heads up both when to buy and when to sell. Other platforms are known to leave you high and dry after you’ve made a purchase.
Since it started, Option Strategies Insider has reported an 88% success rate and a 50% yearly return on capital.
Considering how many trade ideas you get, these figures are even more impressive.
Members also receive additional options plays by signing up for the Ultra membership.
>> Access Option Strategies Insider trade alerts <<
Trading Tools
Option Strategies Insider also offers tools for members to help improve trading performance and market analysis.
Here are some of the tools you get:
- Thinkorswim Plugins – The platform offers two thinkorswim plugins you can assimilate into your computer software – the IV rank chart and watchlist. The chart allows you to view all your data in chart form, creating a visual experience for interpreting implied volatility numbers. The watchlist plugin adds an implied volatility column do your current filters, showing where the security lies against previous highs and lows.
- Short Put Calculator – This calculator gives you the power to estimate the percent discount you might be able to receive on a stock or ETF next to where it’s running today. Simply fill out the required fields, submit, and see whether the security finished above or below the strike price.
- Stock Price Alert – If you’re not a fan of watching stocks all day, the stock price alert is the tool for you. It notifies you the moment a security reaches a specific price point so you can go look at it again. You’re free to set up alerts as you see fit, using a simple form with drop-down boxes and prompts.
- Market Analysis and Insights – Every time you log into the platform, you can receive frequently updated market details, tips, and tricks to help you stay on top of the latest happenings. This information covers various market topics and brings to light potential trading opportunities you can take advantage of right away.
Using these tools is not mandatory, but they could go a long way toward providing even more insights.
Is Option Strategies Insider Legit?
Option Strategies Insider is a legit education and trading alert program. It provides solid strategies and market research.
In 2014, Chris was consulting for a wealthy client who was essentially tricked into using a pricey option trade alert service.
After some investigating, Chris realized the company wasn’t applying any logic to their trading, nor were they thinking of an exit strategy — in fact, they were counting losses as wins.
So while the site consistently posted returns over 100%, Chris’s client continued to hemorrhage money.
Chris launched Strategies Options Insider as a way to help people grow and safeguard their wealth with the trading platform’s insights.
Option Strategies Insider Review: Pros and Cons
The platform has a lot of pros, with just a few cons.
We prepared a detailed list in our Option Strategies Insider review.
Pros
- Excellent educational material for trading options
- Free options trading education
- The training material is skillfully structured and ensures rapid learning
- Investors can execute swing trade ideas and still keep their day job
- Free membership offers access to almost 60% of the material
- The 7-day trial offers members complete access to everything
Cons
- The program currently lacks a detailed trade history that shows the date a trade was made, along with the option and strategy trades
- Members can only access trade details for active positions and new trades
- Service has a strict focus on trading options only
How Much Does Option Strategies Insider Cost?
Members can choose between the Executive membership for $97 per month and the Ultra membership for $167 per month.
For $7, you can also take advantage of Option Strategies Insider’s 7-day trial and receive 20% off forever.
That translates to a monthly price of $134 versus $167 (or a savings of $33 per month).
You can also opt for a free membership to test out the service.
>> Start your 7-day free trial <<
Educational Materials for Improving Your Trading Game
There’s an impressive focus on education within Option Strategies Insider that traders of all levels should check out. The materials within are designed to equip individuals with the knowledge and skills needed to win in a tough market. Here are a few of the top tools:
- Teaching Videos – Users can find a slew of teaching videos, starting all the way at the basics. When you’re ready for more challenging material, structured modules walk you through the steps you need to pick up in order. This way, you start with a solid foundation and build upon it in a healthy way.
- Webinars and Live Sessions – You’ll see regular webinars and live sessions pop up during your time as a member. These are places to hear directly from experts about the latest market moves, watch live trading demonstrations, and participate in question and answer sessions.
- Testing Opportunities – As you progress through the material, tests reinforce what you know and ensure you have an understanding of the material at hand. If you struggle with a particular area, it’s an indicator to go back and study the content from that section again.
- Community Interaction – Option Strategies Insider features a community forum where you can engage with your peers. It’s an excellent spot to ask questions, share experiences, and bounce ideas back and forth.
Option Strategies Insider Review: Is It Right for Me?
If you want to master the options trading market by learning to read, buy, and sell options, Option Strategies Insider is solid service.
There is a small-time investment off the top, but it’s time well spent.
By taking 3 hours to watch all the available videos, you will give yourself a solid background in Chris’s beginner and advanced options strategies.
The site also gets top marks for being user-friendly through its innovative combination of slides and trading platform insights.
In general, the videos provide a much more efficient tool for learning a complex topic like options trading.
Option Strategies Insider Review: Is It Worth It?
Option Strategies Insider is a great service that’s well worth the price.
The sign of a great company is the passion behind it, and Chris Douthit has that in spades. His credentials and his extraordinary career speak for themselves.
Option Strategies Insider uses advanced strategies and easy-to-grasp lessons to empower traders and help them grow their portfolios each month.
Additionally, the platform is highly personalized, which makes you feel like you are in good hands when learning the ins and outs of options trading.
If you want to learn how to trade options correctly and also receive options trading alerts, Option Strategies Insider deserves your attention.
By offering three distinct membership levels, Option Strategies Insider truly caters to all classes of investors, from beginner to advanced.
It’s hard to question the value of Option Strategies Insider when you consider that you can access 60% of the trading program’s content for free.
Factor in that for a mere $7 entry price, and you have an excellent entry point to learning options.
You can even complete the entire course courtesy of the trial offer and leave with a powerful option strategy or two.
Want to learn options trading?
Start today!
>> Ready To Get Started? Join Now And Get A 20% Lifetime Discount and a $7 Trial! <<
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