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Oil Skimming Review: Larry Benedict’s USO Options Strategy and One Ticker Trader Explained

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Oil Skimming Review
The Stock Dorks editorial team follows a structured review process to research, write, and update our reviews, market education, and investing-related evaluations. We evaluate products, publications, and services using consistent criteria, which may include depth and quality of information, accuracy and credibility, readability, user experience, and how actionable the guidance is in real-world investing. We also consider relevant community feedback and revisit content when key details change so our reviews remain timely and accurate.

Every time oil spikes, you feel it at the gas pump, in your grocery bill, and in every package that crosses a state line. 

Larry Benedict’s pitch is that the same oil chaos creating those costs can also create cash payouts, without touching oil stocks, oil funds, or futures.

In this Oil Skimming review, I dig into exactly how the strategy works, what you get inside One Ticker Trader, and whether the $19 entry price makes this worth your time.

>> Join Larry Benedict’s One Ticker Trader <<

one ticker trader What Is One Ticker Trader? Larry Benedict’s Oil Skimming Alert Service Explained

One Ticker Trader is Larry Benedict’s research service built around his highest-conviction trading ideas, with Oil Skimming as the current featured strategy.

The current Larry Benedict Oil Skimming theme is framed as a featured idea inside the service, so members get access to Larry’s Oil Skimming alerts when he spots a setup in the oil market. 

These alerts include step-by-step instructions, and they can arrive by email or through the Opportunistic Trader mobile app.

The service is not limited to oil, though. 

A full year of One Ticker Trader also covers Larry’s broader high-conviction trades across the S&P 500, Nasdaq, and gold, using the same strategies he used running his hedge fund, now sent directly to regular subscribers with clear buy and sell instructions.

That mix is what makes One Ticker Trader interesting. 

>> Get Larry’s Oil Skimming Alerts <<

Oil Skimming Review: Inside Larry Benedict’s Oil Market StrategyInside Larry Benedict’s Oil Skimming Presentation: Why USO Options Beat Buying Exxon

Oil Skimming starts with a problem that feels hard to escape. 

When crude moves, the cost shows up in gas, groceries, shipping, diesel, and airfare. 

Larry’s argument is that the same oil market chaos creating those costs also creates a window to collect cash payouts without buying oil stocks or oil funds.

The key insight is that the obvious trade (buy Exxon when oil goes up) does not actually work the way most people assume.

Since the war in Iran began, oil has climbed roughly 57%. 

Oil Skimming Review: Inside Larry Benedict’s Oil Market StrategyExxon stock has been basically flat. 

So you have been paying more at the pump and getting nothing from the most obvious oil play in return.

Why Buying Exxon When Oil Spikes Often Falls Flat — and What Larry Benedict Does Instead

Oil companies are poor ways to play short-term oil moves because they trade on earnings, debt, management decisions, dividends, and the broader stock market.

A 10% oil spike does not automatically become a 10% move in Exxon. 

Even a 2.5% oil rise that netted $128 from a direct oil position could have skimmed $2,822 using Larry’s method. 

It often does not move Exxon much at all. 

Oil Skimming Review: Inside Larry Benedict’s Oil Market StrategyOil funds track crude more closely but tie up capital for moves that may take months to pay off. Larry’s approach skips both. 

Goldman Sachs has called what is happening in oil markets right now “the largest supply shock in the history of the crude market.” 

JPMorgan is warning that oil could hit $150. Bloomberg has cited $170. Wood Mackenzie, a 100-year-old global energy research firm, says $200 is possible by year-end. 

If those analysts are even partially right, oil volatility is not slowing down, and there is a faster way to profit from it than buying Exxon.

>> Start Oil Skimming Today <<

How Oil Skimming Works Through USO Options: $2 Billion Daily Volume and Real Case Studies

Larry uses USO, the United States Oil Fund, as the main vehicle. 

Oil Skimming Review: Inside Larry Benedict’s Oil Market StrategyUSO tracks oil and trades in a regular brokerage account, but the skim comes from options tied to USO, not from owning USO shares.

More than $2 billion of USO changes hands every day, and on March 6 of this year, $630 billion worth of oil changed hands in a single session, an all-time record. 

All that money creates the price movements Larry needs. The case studies show the difference clearly: a 3.7% oil rally turned a $5,000 oil position into $184 while his followers could have skimmed $2,975. 

A 6% rally made $299 from oil and $3,880 from his instructions. 

An 8.8% oil drop cost oil holders $441, while his method had the potential to collect $4,783.

These are not guaranteed results. 

Still, they show why Larry Benedict Oil Skimming is built around options rather than owning oil assets.

The Oil Skimming Alert: 19 Skim Signals, the Confirmation Cross, and Step-by-Step Instructions

Oil Skimming is not about guessing the next crude headline. 

Oil Skimming Review: Inside Larry Benedict’s Oil Market StrategyLarry’s process uses 19 Skim Signals, including the confirmation cross, before he identifies a setup. 

When oil points higher, he looks at call options. When oil points lower, he looks at put options.

That bidirectional design is what makes this different from a standard oil play: you do not need to guess the direction of the next geopolitical event.

You just need money flowing through the oil market, which is currently happening at record levels. 

The alert arrives by email and mobile app with full instructions, so you do not need to watch charts or decode oil news yourself.

>> Try One Ticker Trader Today <<

What Comes With One Ticker Trader: Full Oil Skimming Membership Breakdown

One Ticker Trader includes Larry Benedict’s Oil Skimming alerts, his broader trade recommendations, and the training needed to follow his options-based approach. 

The service is built for people who want clear instructions instead of trying to decode the oil market alone.

Larry’s Oil Skimming AlertsLarry’s Oil Skimming Alerts

Larry’s Oil Skimming alerts are the main draw here, and they are built around a simple premise: you should not have to watch USO charts to benefit from oil moves.When Larry identifies a setup, you receive an email alert with everything you need: the ticker, the specific option, and when to exit for a profit.

The same alert goes to your phone through the free Opportunistic Trader app if you download it.

Each alert includes step-by-step instructions, including the option details, so the process takes a few minutes rather than hours of analysis.

What I appreciate about this setup is that Larry handles the 19 Skim Signals and the confirmation cross, and you execute once you have the instructions. 

No oil market expertise required.

A Full Year of One Ticker TraderFull Year of One Ticker Trader: S&P 500, Nasdaq, and Gold Trades Beyond the Oil Skims

The membership also includes a full year of One Ticker Trader, which means members are not limited to oil skims alone. 

Larry uses the service to send high-conviction trade ideas across the S&P 500, Nasdaq, gold, and any other market where he sees a real edge. 

Some months may bring two or three recommendations, while slower months may bring one. 

That deliberate pace is actually a feature rather than a limitation.

Forced trades are how most options strategies lose money. 

Each trade comes with both buy and sell instructions, so you are never left holding a position without knowing when Larry wants you to exit.

>> Join One Ticker Trader Now <<

The Oil Skimming Blueprint

The Oil Skimming Blueprint: 19 Skim Signals, the Confirmation Cross, and an 89% Win Rate

The Oil Skimming Blueprint is the strategy document that explains exactly how the skim works and why.

It walks through the full method, including how Larry built the 19 Skim Signals, why the confirmation cross is the final trigger, and how to start spotting opportunities on your own if you ever want to. 

The Blueprint is what gives the alerts context. When you understand the logic behind a trade, you can hold through a short-term move without second-guessing every tick. 

The strategy behind the Blueprint has produced 25 winning skims across his services averaging $1,884 apiece, with an 89% win rate in One Ticker Trader since Larry started sharing these trades with his research subscribers.

Larry’s Guide to OptionsLarry’s Guide to Options

Larry’s Guide to Options tackles the most common reason people pass on this strategy: they have never traded an option.

The guide is written for complete beginners and covers account setup, how calls and puts work, how to place a trade through a regular brokerage, and how to manage risk.

The key point Larry makes is that with options, your risk is defined upfront, limited to the amount paid for the contract.

That means you can set a position size that matches your comfort level before you place a single trade. 

I find this framing useful because it removes the idea that options are inherently dangerous. 

The risk is limited and known in advance, which is more than you can say for most stock positions.

Larry’s Monthly UpdatesLarry’s Monthly Updates: Oil, Equities, and Market Context Between Skim Alerts

Larry’s Monthly Updates add market context between alerts, covering the major themes Larry is watching across oil, equities, and other markets.

When a skim is not active, these updates keep the service useful rather than quiet. 

They also connect oil moves to the broader market picture, which matters because the same oil volatility driving skim opportunities can affect the S&P 500 and Nasdaq positions Larry may be watching simultaneously. 

Getting Larry’s perspective on the full market environment once a month is the kind of analysis that used to cost over $10,000 a year when he was running client money at his hedge fund.

>> Get Larry Benedict’s Research <<

money back guaranteeOne Ticker Trader Refund Policy and 30-Day Satisfaction Guarantee

One Ticker Trader comes with a 30-Day Satisfaction Guarantee, which gives members a fair trial window. 

You can read the research, follow Larry’s alerts, review the Oil Skimming strategy, and decide if the service fits your style. 

If it does not, you can contact Member Services within 30 days for a full refund, every penny back. 

The special reports are yours to keep regardless of whether you cancel.

>> Access Larry’s Oil Skims <<

Pros and Cons

After reviewing One Ticker Trader and Larry Benedict’s Oil Skimming strategy, these are the biggest strengths and light drawbacks I found.

Pros

  • Larry Benedict is ranked by Barron’s in the top 1% of hedge funds worldwide
  • Strategy works whether oil goes up or down
  • Uses USO options from any regular brokerage account
  • Step-by-step alerts via email and mobile app
  • 89% claimed win rate with oil skims
  • Full year of One Ticker Trader beyond just oil
  • Oil Skimming Blueprint explains the full strategy
  • Options guide written for complete beginners
  • 30-day money-back guarantee
  • Currently $19 (retail $499)

Cons

  • Options require basic risk awareness
  • Alerts are not guaranteed to arrive weekly; Larry waits for quality setups
  • Best suited to active subscribers who follow instructions when alerts arrive

>> Unlock Oil Skimming Alerts <<

Larry Benedict’s Track Record: Barron’s Top 1%, 20 Profitable Years, and 89% Oil Skim Win Rate

Larry Benedict’s credentials are the reason this strategy deserves serious consideration. 

Barron’s ranked his hedge fund, Banyan Capital, in the top 1% worldwide. 

He delivered 20 profitable years in a row, pocketed $95 million in one year while the S&P 500 crashed 37%, and is Chapter 3 in Jack Schwager’s Hedge Fund Market Wizards (alongside Ray Dalio and Joel Greenblatt) after starting his career in the trading pits of the CBOE. 

The governments of Saudi Arabia and Kuwait paid millions for his advice. That background matters when evaluating what follows.

Since 2023, his One Ticker Trader oil skims have claimed an 89% win rate. And across his services, he has seen 25 winning trades averaging $1,884, and $47,090 in total potential skim profits: $2,649 from a 4% four-day drop, $3,880 from a 6% rally, $4,354 from a 7.8% rally, $4,783 from an 8.8% decline, and $6,268 from a 3% rise over eleven days. A $455 starting position could have grown to $2,755 with gains reinvested. These are selected examples; options trading carries real risk and actual results will vary.

Subscriber results include: $893 on a first trade in eight days (Richard R.), $2,056 total (Harry A.), $1,600+ (Krista A.), and $500 for a 90-year-old first-time options user (Virginia B.). 

The investment results described in these testimonials are not typical; investing in securities carries a high degree of risk; you may lose some or all of the investment. 

>> Claim One Ticker Trader Access <<

How Much Does One Ticker Trader Cost?

One Ticker Trader currently costs $19 for 12 months, marked down from its stated $499 value. 

That includes Oil Skimming alerts, a full year of Larry’s recommendations, the Oil Skimming Blueprint, Larry’s Guide to Options, monthly updates, and a 30-Day Satisfaction Guarantee. 

Previously, Larry’s hedge fund required a $1 million minimum investment with a $20,000 annual fee to access his strategies. 

The $19 entry is a meaningful change in access.

After the first year, it renews at $199 plus taxes unless canceled at least one day before renewal.

>> Get Larry’s USO Options Strategy <<

Oil Skimming Review: Inside Larry Benedict’s Oil Market StrategyIs Larry Benedict’s Oil Skimming Worth It?

At $19 with a 30-day guarantee, Oil Skimming is one of the easier research services to recommend as a trial.

Larry Benedict is not a newsletter personality who found a backtest and started selling alerts. 

He is a former hedge fund manager with 20 profitable years, a Barron’s top-1% ranking, $274 million in documented hedge fund profits, and clients that included foreign governments and major energy company banks.

The Oil Skimming strategy is built around USO options, a defined three-step process, and 19 Skim Signals that Larry has been refining for years. 

Whether oil spikes or collapses, the strategy is designed to find a skim in either direction. 

For anyone tired of watching oil prices rise while the obvious plays go nowhere, this is a concrete alternative worth a 30-day look.

>> Try Larry Benedict’s Oil Strategy Today! <<

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