Jeff Clark Trader Review – Is It A Solid Choice For Options Trading?

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 having at most three open positions. Each trade is clearly explained in monthly updates from Jeff Clark himself. The service also includes resources like educational videos and special reports that cover different aspects of options trading.

Can this service help you trade options profitably? Find out in our Jeff Clark Trader review.

Jeff Clark Trader Pricing Options

Jeff Clark Trader requires an annual subscription that costs $199 per year. After signing up, you also receive a one-time, temporary offer to purchase a lifetime subscription for $249. There’s no free trial, but you can get a credit to use on other Jeff Clark services if you cancel within the first 90 days of your subscription.

Who Is Jeff Clark?

Jeff Clark is a veteran of the widely renowned firm Stansberry Research, where he spent more than 15 years editing two successful trading letters: Short Report and Pro Trader. Before that, Clark was a partner at a San Francisco-based brokerage and private 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 two to four weeks, and typically keeps between two and three positions open at any time. There are never more than three 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. This is a roundabout way to address the market environment, but it can be appealing if you want to know more about the recent history of the sector that you’re trading. 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.

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.

Additional Resources

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. The Jeff Clark Trader 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, Clark issues a new report every few months.

Jeff Clark Trader Performance

Jeff Clark Trader provides a detailed list of every closed trade, but the service doesn’t tally up its overall profit/loss since inception. It’s hard to determine based on the information provided whether Jeff Clark Trader has returned a net profit since inception.

The list of closed trades shows that Clark’s trading strategy delivers highly variable returns. Some trades yield returns of well over 100%, while others result in very large losses. Some speculative trades have lost 100%.

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 stock 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. It’s especially nice that Clark spells out when a trade puts all of your money at risk versus when your maximum loss is limited.

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.

The drawback to Jeff Clark Trader is that the service’s track record is mixed. A lot of trades are closed for losses of more than 50%. Clark doesn’t keep track of the service’s overall performance, so it’s hard to know whether these big losses are fully balanced out by big wins. In any case, traders using this service need to be comfortable rolling with the punches.

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.

FAQs

Is Jeff Clark Trader legit?

Jeff Clark is a seasoned trader who spent 15 years editing newsletters for Stansberry Reseach before launching Jeff Clark Trader. The service provides a record of every trade along with its profit or loss.

Does Jeff Clark Trader offer a free trial?

Jeff Clark Trader doesn’t offer a free trial, but there is a 90-day guarantee. If you cancel within this period, you’ll receive a credit towards any other Jeff Clark service.

Is Jeff Clark Trader worth it?

Jeff Clark Trader offers a high-risk, high-reward strategy. Traders might make a 100% return on one trade, then lose 60% on the next. The service is best for long-term investors who want to try to boost their profitability with options or first-time traders who want guidance as they break into options trading.

Pros

• At most three 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

Cons

• No details on performance since inception
• Some trades carry steep losses