Review Detail

(Pros in detail) I was looking for highly conservative hedged options and naked put selling services to form a 'core and explore' aspect to our investment portfolio. The bulk of our funds would be invested each month in these reliable strategies, leaving just a little to apply to more higher risk/high reward strategies. This service suits us perfectly. It is very stable, as proven during the downturn in August with relatively small losses and 100% profitable months otherwise. Also, in averaging a little over 3% ROI per month, this service should double our portfolio every 2 years, which is no small thing. Also if you take Adam's recommendation and apply slightly more to the credit spreads than to the naked puts, you should improve performance still more. In terms of use, the trades are very clearly documented, with helpful techinicals and diagrams. Fills are easy to obtain and the service only reports real fills. Backup and support from the team is first class. Emails are answered promptly and you are dealing with real people. Just a really professional service and great value.
(Cons) Getting around 1% ROI on some of the Naked Puts is perhaps a little on the low side. Users should be aware that due to proximity to expiry, sometimes weekly options can require a lot of margin. Of course balanced against this is the relatively short hold time for weeklys. There is not enough history to judge long term performance of the system. Note however that the service is less than half the price of most of the other systems available. Finally it might be an improvement to have full portfolio performance reporting in addition to the straight ROI for each month. The service needs to be very careful to avoid typos in the trade signals (just one of these occurred recently).