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Larry Benedict Review (Is One Ticker Trader Legit?)

  • By Chris Dios
  • Dec 04, 2022
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Larry Benedict’s One Ticker Trader is making waves online. But is Benedict legit? Check out my Larry Benedict Review a look at his background, publisher, and his One Ticker Trader newsletter.

Who Is Larry Benedict?

Larry Benedict is the CEO of Opportunistic Trader and the mind behind One Ticker Trader. He specializes in options trading. However, Larry shares other insights into the world of finance.

Larry kicked off his trading career back in 1984 at the Chicago Board Options Exchange. He worked on the trading floor as a market maker in equity derivatives products.

Larry eventually left Chicago Board Options Exchange and joined up with American Stock Exchange. Then, he moved on to become an options specialist at Spear Leeds & Kellogg (SLK) in 1989.

Goldman Sachs bought out SLK, and Larry took the opportunity to start his own firm, Banyan Equity Management.

Larry’s success with Banyan earned him a spot on Barron’s list of the most successful hedge funds. He was also featured in Market Wizards.

>> Get Larry’s latest trade ideas with One Ticker Trader <<

larry benedict trading

A Rough Start

While Larry eventually saw success on the stock market, he’s open about his stumbles along the way.

In the One Ticker Trader Retirement Plan presentation, he shares some of the biggest mistakes he made in his early years.

“You see, I’ve been a professional trader for more than 30 years. And I’ve had a great career.

But I got off to a horrible start.

In my first two years, I got fired more times than I can count.”

Before he was a hedge fund manager, Larry was a trader without specialization.

“I was trying to trade everything.

The latest “hot” stock…

The latest trading fad…”

His overly broad approach to investing held him back.

However, once Larry settled into options, it clicked. He continued to hone his skills and eventually developed the One Ticker Strategy.

strategy of benedict

What Is Larry Benedict’s Strategy?

Larry Benedict uses a range of options strategies. However, he’s probably best-known for his One Ticker Strategy.

It’s a simple yet effective approach that fixates on one stock at a time.

Plus, trading options offers the opportunity to make money off a stock regardless of the direction it moves.

Larry becomes an expert on one stock or investment theme at a time. He then trades options contracts (calls and puts) based on where he believes the stock will move next.

Once the investment thesis has run its course, he moves over to the next stock or theme.

The draw is that, unlike buy and hold strategies, Larry’s strategy provides the opportunity to profit in down markets without waiting for a reversal.

Several of his services follow this approach, including One Ticker Trader and The S&P Trader.

In the latest presentation for One Ticker Trader, Larry has an iteration of this strategy called The One Stock Retirement Plan.

I’ll dig into this a little later.

For now, let’s turn our attention to Larry’s research publisher, Opportunistic Trader.

>> Learn Larry’s strategies <<

larry benedict reviews

Larry Benedict’s Prediction for 2022?

In Larry Benedict’s presentation, he shares his latest prediction that indexes will be flat or negative for quite some time. He says, “we have had 10 years of plenty … [and] now we’re looking at five years of famine.”

In short, Larry is not optimistic about the market’s current direction.

This is one of the key reasons he believes his One Ticker Strategy could help folks rebuild their portfolio quicker than traditional approaches.

In this iteration, he calls it The One Ticker Retirement Plan. The goal is to grow portfolios by trading options contracts with one ticker.

For clarity, Larry does not recommend that someone puts all of their retirement savings in one stock. Instead, he believes that trading options on a single ticker has the opportunity to perform better in the current market.

Many retirement portfolios were hit hard during the recent downturn, which is why he recommends this approach for folks close to or in retirement.

opportunistic trader larry benedict

What Is Opportunistic Trader?

Opportunistic Trader is a market research publisher led by Larry Benedict. Unlike many publishers, Opportunistic Trader has a very strict focus: options.

I appreciate that Larry sticks to what he knows best instead of chasing the latest investment trend.

Many of its newsletters follow his One Ticker Strategy. Each one has its own twist on the formula.

Opportunistic Trader also has a free newsletter called Trading with Larry Benedict. This one offers a blend of market analysis. It also provides occasional insights from other trading industry professionals.

The free newsletter is a worthwhile read. However, it does not provide premium insights, like trade ideas. Larry Benedict’s Opportunistic Trader only offers recs with premium subscriptions.

The premium newsletters include:

  • One Ticker Trader
  • The Opportunistic Trader
  • The S&P Trader

One Ticker Trader is Opportunistic Trader’s entry-level offering. It’s also the most economical.

So if you’re on the fence about signing up for one of Larry’s premium newsletters, One Ticker Trader might be the way to go.

>> Sign up to One Ticker Trader here <<

What Is One Ticker Trader?

One Ticker Trader is an options-focused newsletter led by Larry Benedict and published by Opportunistic Trader.

Memberships come with a weekly newsletter, bonus reports, trading resources, and more.

As the name suggests, Larry’s trade ideas dial in on one ticker at a time.

The biggest draw is the steady stream of recommendations. Many research services only offer one trade idea. However, the One Ticker Team aims for three to five.

Larry can deliver this many trade ideas because they’re tied to one stock or theme. He’s not splitting his attention trying to cover multiple companies at once.

Also, people live busy lives. Not everyone can execute on every trade recommendation. It’s helpful that members can wait until the next idea if they missed timing an entry.

This is just scratching the surface of everything on offer. I’ll cover it in more detail later.

one ticker trader service

What Comes with One Ticker Trader?

One Ticker Trader is packed with standout features that let members tap into hedge-fund-level strategies.

Let’s start by looking at the newsletter.

One Ticker Trader Newsletter

One Ticker Trader’s weekly newsletter is where members receive Larry’s latest trade recommendations.

Larry and team back each recommendation with extensive analysis.

They take extra care to be informative and succinct. There’s no fluff or needless jargon.

Also, as mentioned, the number of trade ideas varies. The team only issues a rec when they believe there’s an emerging opportunity.

This means that some weekly issues might not have a trade idea.

>> Check out the latest issue <<

portfolio

Larry’s Open Recommendations

Larry’s Open Recommendations is where members can keep track of all open positions.

It includes the ticker, buy-up-to-prices, and supporting analysis.

If you’re looking to open multiple trades, this could be a great place to start. You can quickly skim the portfolio to get up to speed with the team’s most recent ideas.

Trade Alerts and Updates

Larry and the team make sure members stay up to date with frequent alerts.

These alerts include sell recommendations, Larry’s market forecasts, as well as bonus trade ideas.

the one ticker retirement plan larry benedict

The One Ticker Trader Retirement Plan

This special report is the centerpiece of this deal. Larry shows members how to master the One Ticker Trader Retirement Plan and integrate it into their trading.

This strategy doesn’t rely on tracking different sectors, earning reports, etc. So it could be one of the more beginner-friendly options strategies out there.

Still, it’s not a magic pill and could take some time to get off the ground.

larrys guide to trading options

Larry’s Guide to Trading Options

If you’re new to options, don’t worry. Larry has you covered.

Each member gets immediate access to his primer for trading options.

His guide teaches the fundamentals of trading options, including how to set up an account. It also details Larry’s process. This makes it much easier to follow along with his analysis.

While the guide is good for beginners, it’s not required reading for folks with more experience. So you are free to dive right into Larry’s trade ideas if you have a strong grasp of options.

>> Tap into One Ticker Trader‘s insights <<

one ticker trader refund policy

One Ticker Trader Refund Policy

New members signing up under the One Ticker Trader Retirement Plan package have access to a 60-day money-back guarantee.

This means you have 60 days to test out the service. If you don’t feel like it’s a good fit, you can opt for a full refund.

The industry average for refunds is about 30 days. So this doubles the typical window.

Even if you don’t stick with the service, you can keep the bonus reports. 

One Ticker Trader Pricing

One Ticker Trader typically retails for $199 a year. This is a solid price, but Larry is sweetening the deal with the One Ticker Trader Retirement Plan bundle.

New members can sign up for the introductory rate of $29. This shakes out to an impressive 75% discount on the first year.

And there’s also no trade-off.

New members can tap into all the exclusive trading resources I mentioned earlier. It’s that simple.

Keep in mind, though, that this is an introductory offer. The next annual subscription will cost $129. Even the renewal price is a solid deal considering that the service usually runs $199.

>> Join One Ticker Trader for 75% off <<

Is Larry Benedict Legit?

Larry Benedict is legit. He’s spent decades in the financial markets, and it shows in the quality of his research.

His publishing company, Opportunistic Trader, has a solid catalog of options to choose from. It’s a great place to pick up the tips and tricks Larry learned on the trading floor.

one ticker trader cost

Final Thoughts

Larry Benedict is a talented analyst with an excellent eye for options.

His publisher, Opportunistic Trader, has a range of solid newsletters worth checking out.

Some of them are on the pricey side, but there are more affordable options.

Trading with Larry Benedict could be a good place to start if you want to read his insight for free. He doesn’t offer trade ideas through this newsletter, however.

The most economical premium service is One Ticker Trader — especially under the One Ticker Trader Retirement Plan deal. Plus, it comes with a bunch of great add-ons.

Larry backs each subscription with a 60-day money-back guarantee.

I recommend keeping these services on your radar if you’re looking for options recs from a seasoned pro.

>> That’s it for my Larry Benedict review. Sign up to One Ticker Trader and get a 75% discount <<

 

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Chris Dios is an American writer and entrepreneur from New Jersey. Chris began investing back in 2018, and he specializes in swing trading, fundamental analysis, and long-term investing.