Ben M.
Mixed results, now, but good historical record
The system's historical track record, published DAILY, gives me hope that the system works over time.. However, with the market having been in a long upward move over the past many weeks, many of the options trades I've taken in OPT have not worked out. It kind of proves the notion that markets can get overbought and stay overbought. With a small account and taking very small (1 or 2 contract) credit spread trades, I am still taking a significant drawdown in my account. It's too bad we can't get a better fix on when overbought truly means a reversal or a sideways market is imminent.
Response from NetPicksNov 10, 2021
Hello Ben and thanks much for the feedback. You are correct that the OPT service, while quite consistent, does thrive in certain market conditions. As you've seen from the historical records, it can get very hot and we will see those cycles again. It continues to repeat. Please make sure that your results are matching what Mike and the team are reporting. If you are not seeing similar results please do reach out to us so we can review the individual trades and just make sure that everything is correct on your side. We do truly want to help position your account for the next run. Thanks again, -NetPicks Trading Team




