The Motley Fool Options | Is It Right for You?
First, let’s quickly cover The Motley Fool, which offers many subscription services, including their flagship product, Stock Advisor.
The Motley Fool has been around since 1993 and built a large and faithful community due to their long track record of market-beating returns. Since the bull run of the Covid-19 pandemic, however, many of their picks have been less successful, it’s worth noting.
The Motley Fool Options has a relatively high barrier to entry with its $999/year price tag, but it is suitable for all levels of traders who can afford it given the educational resources it offers and the thorough explanations it provides for its options recommendations.
If you’re a trader looking to boost your gains through options trading, then The Motley Fool Options service may be worth considering. Keep reading to learn more about how it works and its top features.
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How Does the Motley Fool Options Work?
When you sign up for The Motley Fool Options, you get immediate access to the Options platform, which includes many features (covered in detail below).
Because you receive instant access to the Motley Fool’s research and recommendations, there are no refunds, so keep that in mind.
As with other Motley Fool subscriptions, members will receive two options trades each month. Each options trade alert also comes with step-by-step instructions for how to properly execute that trade. Whereas some options trading alert services just provide a buy recommendation, the Motley Fool Options ensure that traders know how to make the trade and how to play it after it’s been made.
Even if you’re a beginner, you don’t have to worry about not understanding how to trade options. The Motley Fool walks you through each recommendation, and there are both basic and more complex strategies for each recommendation.
According to The Motley Fool, they have an 84%+ win rate on closed trades, meaning that their options recommendations have a strong track record of success.
The Motley Fool Options Features
The Motley Fool Options members-only platform comes with various features that help justify the rather expensive cost. Here are some of the key factors:
- Monthly picks – As mentioned above, not only do subscribers receive monthly picks but there is also detailed analysis and guidance for how to play the trade. This makes for a more robust offering than some options recommendations competitors.
- Income strategies – Options can be leveraged to generate income, which can be a smart way to boost your overall returns. The Motley Fool Options specifically tailors some of its options recommendations and strategies toward income, which is a welcome addition to just about any portfolio.
- Educational resources – With courses and videos, even traders who are brand new to the world of options trading can quickly learn the basics and grow as an options trader.
- Members-only community – The Motley Fool is one of the most popular online investor communities, so your subscription gets you access to members-only forums that are full of smart and savvy investors who you can learn from and exchange trading ideas with.
The Motley Fool Options Pricing
The Motley Fool Options pricing is straightforward. It’s $999 per year, billed upfront, with no refunds possible.
The Motley Fool offers many other subscriptions, but this is a standalone one rather than a bundle.
Is The Motley Fool Options Worth It?
Ultimately, whether The Motley Fool Options is worth it will depend on your specific investment needs and goals. It’s a flexible service that offers basic and more complex strategies, including growth plays and income plays. In this way, just about any trader can use it to diversify their trading strategies and make trades that work for them.
At $1,000 per year, however, the service doesn’t come cheap. Due to this, it’s probably best suited for investors with significant capital to trade.
Get Started With Motley Fool Options Pro