Traders often wonder which options trading alert service is the best. There are a few different options, and choosing the right one depends on your level of experience, time, and money. In this article, we’ll take a look at Mindful Trader, Optionsonar, Benzinga Pro, and SteadyOptions. These options trading alert services are all effective and affordable, but only a few are truly the best.
Mindful Trader
If you are new to the stock market or simply want to make a little extra money, Mindful Trader is an excellent choice. This stock alert service is unlike any other you’ve probably heard of before. It provides wise stocks based on extensive backtesting data, and its founder, Eric Ferguson, invites you to contact him directly if you’re not making money. He will review your notes and work with you to resolve any disconnects.
The cost of Mindful Trader isn’t outrageous, and it costs just $47 per month for three stock buy signals, stock option trade alerts, and futures picks every day. It also includes email support and education. You can cancel your subscription at any time, and there are no contracts, so you can try it out risk-free before paying for a full month’s worth of updates.
Optionsonar
The main benefit of Optionsonar is its research function, which blurs the lines between an alert and a stock analysis service. Its activity scanner shows large market moves in great detail, based on the moves options trading for dummies of institutional investors. Its activity screener features clear visualization tools and customizable parameters. Optionsonar also comes with a watchlist, which helps you keep track of the options activity tied to certain stocks. However, sometimes the alerts aren’t up to par.
Optionsonar is an options trading alert service that gives subscribers access to real-time data and analysis of the options market. It provides subscribers with an easy-to-understand order flow screener, customizable alert filters, and a watchlist, so they can keep track of options activity associated with a specific stock or equities. In addition, it offers an Unusual Activity Scanner. Premium plans start at $35 a month for Unusual Activity Scanner, and $75 a month for the Multiple Option Scanners feature, including web-browser push notifications.
Benzinga Pro
Benzinga Pro offers an excellent options trading alert service with a wide range of features. The options trading alert service includes a Benzinga Watchlist that tracks specific stocks and entire industries. The Watchlist provides a concise snapshot of the chosen stocks’ performance in real-time. You can view information like daily high and low, volume, and other technical metrics. You can also sign up for the option activity alert service for an additional fee to receive alerts regarding unusual options activities.
Benzinga Pro also has a robust newsfeed with a variety of filters and customizations. For example, you can create multiple workspaces with different newsfeeds, signals, calendars, and watch lists. With so many options, Benzinga Pro allows you to stay on top of every move in the market. Benzinga Pro is perfect for those looking for market-beating returns.
SteadyOptions
If you’re interested in learning more about the world of options trading, you might be looking for the best options trading alert service. SteadyOptions teaches subscribers how to trade options and offers advice on risk management and financial management. The service offers three distinct options strategies based on your risk profile and desired returns. To make your decision easy, you can sign up for their newsletter.
An options trading alert service recommends stocks and options for you to trade on in real time. It will recommend which options contract you should buy and target selling prices. Similarly, you’ll get sell alerts as well. The majority of these services are web-based platforms, and users log in to access analysis features, watchlists, and educational materials. The goal is to increase your knowledge and make better trades.