Jeff Clark Trader Review
Ease of Trading
Looking to dive into the world of options trading? Jeff Clark Trader is an options trading service designed for beginners and long-term investors. This service provides a variety of tools and resources including monthly updates from Jeff Clark himself, educational videos, special reports, and more. It also aims to keep options trading simple by only having three open positions at most that Jeff Clark goes over in each newsletter and monthly update. So, is this service what your trading needs? Check out our full review of Jeff Clark Trader now to find out!
Jeff Clark Trader is an options trading service designed for beginners and long-term investors who want to get into options trading. The service keeps things simple by only having at most three open positions, and each trade is clearly explained in monthly updates from Jeff Clark himself. The service also includes a wealth of resources, including educational videos and special reports that cover different aspects of options trading.
Jeff Clark Trader Pricing Options
Jeff Clark Trader requires an annual subscription that costs $199 per year. At the time of writing, the service had a special offer to get the first year for just $19. After signing up, you also receive a one-time, temporary offer to purchase a lifetime subscription for $249.
Who Is Jeff Clark?
Jeff Clark is a veteran of the widely renowned firm Stansberry Research, where he spent more than 15 years editing the Short Report and Pro Trader newsletters. Before that, Clark was a partner at a San Francisco-based brokerage and money management firm.
So, he’s a trading expert who understands the art of writing newsletters and communicating with investors who are relatively new to the market.
Jeff Clark Trader Investing Strategy
The Jeff Clark Trader newsletter revolves around options trading. Clark issues new trade ideas every 2-4 weeks, and typically keeps between 2-3 positions open at any time. There are never more than 3 open positions in the newsletter’s portfolio.
Many of Clark’s trade ideas focus on sectors rather than individual companies or assets. For example, recent options trades targeted a financial sector ETF (XLF) and a technology sector ETF (XLK). In addition, Clark offers trade ideas for specific commodities like gold.
Each trade idea starts out with a story, which is a little roundabout but can be appealing if you want to know more about the recent history of the sector that you’re trading around. Then Clark gets into the details, offering a few charts and mentioning key price levels and catalysts. Finally, he offers a clear options trade that you can execute.
One thing that’s nice about the order ideas is that Clark follows them up with clear boundaries. He often gives a maximum price that you should not pay more than to enter a position. He also gives a clear profit target, and abides by a rule that half of every position should be closed once a trade reaches a 100% return.
Importantly, Clark also makes it clear when a trade is speculative – that is, if your position has the potential to lose 100% of its value. Around half of the trades over the past year were speculative, while the other half had clearly defined profit and loss limits.
The strategy’s return can be highly variable, and Clark doesn’t keep a record of the portfolio’s overall performance since inception. Some trades yield returns of well over 100%, while others result in very large losses. At the time of writing, a call options trade on gold had a return of -61%.
At any time, you can check the current portfolio in the Jeff Clark Trader online dashboard. You’ll also receive email alerts whenever Clark issues a new portfolio update or trade idea.
The Jeff Clark Trader newsletter also includes a handful of always-available resources that are geared towards beginner options traders.
To get started with the service, Clark recommends watching his series of eight videos that cover the basics of options trading. This video course is around five hours in length, and covers everything from the difference between put and call options to how to identify bullish and bearish setups in technical charts.
Clark also issues special reports, which can vary quite a bit in subject matter. There’s a recent report, for example, on how to open and close options trades, but also another recent report on how to find trading signals for Bitcoin. Typically, a new report is issued every few months.
Jeff Clark Trader Service Differentiators
There are quite a few options trading services out there, from Motley Fool Options to Simpler Options, so what differentiates Jeff Clark Trader from the rest? One of the things that sets the Jeff Clark Trader newsletter apart from other options trading idea services is that it’s incredibly simple to follow along with.
There are only one or two new trade ideas each month, so you don’t need to constantly monitor the market to keep up with Clark’s recommendations. In addition, every trade is very clearly outlined, so there’s no ambiguity over how you should approach buying options contracts or when you should exit your position.
The video tutorials and reports that come with your newsletter subscription are also very helpful for investors who are new to options trading. Clark does a nice job of breaking down the basics of put and call options and the options strategies that he uses in his recommendations. Plus, since these videos are always available, you can return to them anytime you need a refresher.
What Type Of Trader Is Jeff Clark Trader Best For?
Jeff Clark Trader is most suited for long-term investors who want to use options trading to potentially boost their returns. It’s particularly well-designed for investors who don’t have previous experience with options trading or who aren’t comfortable trading options strategies on their own. Jeff Clark Trader can also work well for investors who only want to make changes to their portfolio once a month rather than on a day-to-day basis.
As with all options trading strategies, Clark’s trade ideas are high risk, high reward. While the service is reasonably conservative in that it trades market sectors, not individual stocks, investors will need a strong stomach to follow the speculative options trade ideas.
- At most 3 positions to track
- Trades market sectors, not individual stocks
- Very clearly defined trade parameters
- Identifies trades for which all money is at risk
- Excellent video tutorials for new options traders
- No details on performance since inception
- Some trades carry steep losses