Simpler Options (Options Trading Made Easy) is quite a large website that has three traders that provide their services to the member. These traders are Henry Gambell, Carolyn Boroden (Fibqueen) and John Carter. With John Carter being the more well known, but least seen person in the chat room.The features of the different memberships (Gold, Silver and Big Picture) are:
- Live Options Trading Chat Room
- Text Message Alert Service
- The Daily Options Video Newsletter
- The Big Picture Outlook Quarterly Webinar
- ToS Weekly Training Video
- Options Traders Forum
- Recorded Webinars & Tutorials
- Special Members Pricing In DVD Store
- John’s Newsletter Pick of the Week
- Platform Tutorials
- PC Tips and Tricks
A screenshot of the homepage:
The Big Picture Outlook Quarterly Webinar
This online webinar is held four times every year by John Carter. It is intended for long term investors and supplies investors with:
- Ways to maximize your wealth.
- Insights to minimize risk when trading your IRA or 401K.
- Insights in long term stock investing.
- Insights in buying hard assets like houses.
- Several strategies that promise low-risk and high profits that I would take with a grain of salt.
- Insights on buying gold and silver.
- And some tactics to be prepared for the next financial crisis.
Basically a lot of knowledge on how you can invest your IRA, 401K or other savings. But please don’t use this webinar as the only source of information when investing your hard earned money. And read the entire review before making any decisions off of it.
Special Members Pricing In DVD Store
The special members price is still quite expensive. This is due to this information being freely available on the internet these days. If you really want something tangible to put in your DVD player, then this could be for you. But especially if you are interested in options you should take a look at tastytrade, which is totally free.
Only the above features are part of the ”Big Picture” membership. This membership is intended for long term investors.
The Daily Options Video Newsletter
Every night on Sunday, Monday, Tuesday, Wednesday and Thursday John Carter publishes a video where he talks about actively traded stocks and ETFs for possible options trades the next day. The video is followed by one email in the morning and one email in the afternoon to keep you updated on those trades. From an education standpoint this is a very nice setup, but I wouldn’t trust these trades to make any sustainable profit.
ToS Weekly Training Video
Weekly videos that will help you use the Thinkorswim trading platform.
Options Traders Forum
This is quite an active forum. So, if you are looking for like minded people that are invested in learning and trading options then you should definately take a look. But active options communities can also be found in other places.
Recorded Webinars & Tutorials
This is a video archive of all the webinars and tutorials.
John’s Newsletter Pick of the Week
A swing trade pick that is published every week. This pick adheres to a set of rules, which are:
- It is a specific end of day trade recommendation
- It can be an iron condor or spread
- It will have atleast 30-60 days till expiration
- And it will be a high probability, low risk trade
These trades won’t be suitable for all traders and I wouldn’t straight up copy these trader without doing some research of your own.
They provide you with an archive of videos that help you use the Thinkorswim and Tradestation software.
PC Tips and Tricks
An archive of tips and tricks by Henry Gambell intended to tech you about technical things related to your computer (pc) and trading.
All the above features are part of the ”Silver” membership. This membership is intended for end of day traders.
All the above and the last two features discussed below are part of the “Gold” membership. This membership is intended for intraday traders.
Live Options Trading Chat Room
During the scheduled times you can follow the moderators of the chatroom (Henry Gambell, Carolyn Boroden and John Carter) while the trade. You can see their charts and hear their audio commentary, while they outline the major trades of their day. As a member you can ask questions and discuss with the moderator and the members in the chat.
The moderator schedule to be in the chatroom is:
Henry Gambell – 8:30 AM – 10:00 AM CST
Carolyn Boroden (Fibqueen) – 10:00 AM – 10:30 AM CST
No Audio Commentary – 10:30 AM – 2:30 PM CST
John Carter – Tue Wed Thur 2:30 PM – 3:10 PM CST
Although there have been times when there was deviation from this schedule, especially by John Carter (for weeks), without any heads up. Or he would be in the chat for only fifteen minutes.
Text Message Alert Service
Get the trades from the chatroom delivered to your mobile phone as an sms/text message.
All in all most of the information in the members section is available for free online from other sources like tastytrade.
You can find this trial here: http://www.simpleroptions.com/public/30-Day-Trial-for-7-Free-Video.cfm
Gold Membership, intended for intraday traders:
- $147 per Month.
Silver Membership, intended for end of day traders:
- $79 per Month.
Big Picture Membership, intended for long term investors:
- $49 per Year.
Visit their site: http://www.simpleroptions.com/
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