Is Alan Knuckman’s Big Option Trader Legit?

Have you heard about Alan Knuckman’s Big Option Trader?

It is a new investment newsletter being offered by St Paul Research and they have been promoting it aggressively over the past few weeks. If you would like to learn more about the investment strategy behind it, you have come to the right place.

In this review, I cover how it works, whether I think it is legit, and its pros and cons.

Before I start…

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Alan Knuckman’s Big Option Trader Review

Table of Contents

Introduction to Alan Knuckman’s Big Option Trader

Alan Knuckman launched Big Option Trader through a pitch that he used to explain how he spots his trades. He starts by talking about how regular people are getting rich trading options. For example, he mentions one trader who made over $18,000 in 15 minutes and a host of others.

He does this to demonstrate just how great he thinks options trading is if done right. And to be fair to him, you can genuinely make money trading them with a sound strategy.

Before we get to how he trades, note that Alan is a big fan of trading options. In fact, he has launched other services that also focus on options trading, including Weekly Wealth Alert and Daily Double Club.

He fancies derivatives over trading stocks directly because they are cheaper — thus you risk less money — and there is the potential of earning bigger profits even when the stock price goes up. He says that investors can earn 10 times or more returns on the gains they would have gotten on stocks when they go with options.

Circling back to why he chose to launch a new service, what’s different about Big Option Trader?

In his presentation, he gives us the impression that there is a “tiny corner” of the market that amateurs are exploiting to make money with options and he knows how to spot it.

He tells us that the secret to his strategy is great timing and he has the perfect tool for that that he calls Options Profits Multiplier Scanner (OPX). He says that it is a patented tool that he paid $1.3 million for. We will get to how it works in a bit.

Who is Alan Knuckman?

Alan Knuckman has been a professional options trader for over 28 years. You have probably seen him on TV where he has appeared in more than 5,000 national broadcasts.

With his experience in finance, he has successfully established himself as one of the most accurate options pickers on the planet.

Knuckman has been publishing his options research and recommendations in multiple investment newsletters as I mentioned and has a following of more than 120,000 people who are looking to learn how to navigate the options market.

Alan claims that one time, he picked as many as 79 winning trade recommendations in a row just in a single month. We can’t verify this though.

How Does Alan Knuckman’s Big Option Trader Work?

The way Alan explains it, the Options Profits Multiplier Scanner (OPX) is a market timing tool. He says that it scans the entire market in milliseconds for the biggest options moves. It looks for three elements:

Massive upside: It focuses on trades that have a high profit ceiling.
Limited risk: It finds relatively low-risk trades.
Urgent catalyst: It gravitates towards stocks that have some impactful event that may affect price in the short term. This includes big announcements, earnings reports, managerial changes, and the likes.

He says that by timing his moves, he can pick option plays that may explode by 1,000% or more in just a matter of weeks.

What you get when you join Alan Knuckman’s Big Option Trader

When you sign up for it, you get a digital copy of Secret $50 Options Blueprint. It is an easy-to-understand guide with complete details about how to get started with options if you are a rookie.

You will also receive:

The Video Masterclass: These are videos that explain how his strategy works so that you can implement it alone.
The One-Day Millionaires Club that will reveal how to use a $1,500 options trade as “disaster insurance” to profit BIG when the market tanks. In this guide, you will reveal how some of the biggest hedge fund managers in the world use them, how famous billionaire Mark Cuban used these as a “loophole” to preserve nearly $1.4 billion when the dot-com bubble burst, and how to place one single dirt-cheap “disaster insurance” trade.

Other benefits include Flash Trade Alerts every month, real-time trade updates, and access to the Members-Only Area and the Model Portfolio. He also hosts weekly zoom video calls.

Subscription Price: It will cost you $49 per year.

Pros of Alan Knuckman’s Big Option Trader

You get to learn about Alan Knuckman’s option-based investment strategy.
The subscription price is pretty moderate.
The subscription is backed by a 6-month money-back guarantee.

Cons of Alan Knuckman’s Big Option Trader

We don’t learn much about his strategy from the presentation.
He makes use of market timing, which isn’t always reliable.

Is Alan Knuckman’s Big Option Trader Legit?

Alan Knuckman’s Big Option Trader is a legit service. Now, this may be a bit tough to take in for some people but what Alan does is legitimate: he looks for option plays and sends them out to his subscribers.

Although the service is legit, that doesn’t mean that success is guaranteed, there is a big distinction there. You can still lose money if you follow his advice no matter how good his past picks have been.

Alan Knuckman’s Big Option Trader Verdict

The Big Option Trader investment strategy relies on market timing, which has its shortcomings but can work if you do it well enough and have luck on your side. The newsletter costs $49 and it has a 6-month “grace period” for you to try out and if it doesn’t suit you, you can cancel for a full refund.

It is important to remember that any recommendation Alan gives is general advice, not personalized advice. You have to go an extra step and decide whether what he offers is working for your financial situation before you follow his advice.

Before you leave

If you’re tired of scams and want a real solution for making money online check out my no.1 recommendation.

It’s helped me earn over $300,000 in the last 12 months alone:

Go here to see my no.1 recommendation for making money online

(This is a 100% free training)

David Fortune

David Fortune has been the editor NoBSIMReviews.com since 2019. He is an expert at writing content on stock advisory services, side hustles, reviewing online business opportunities and many more topics. You can learn more about David on our about us page.

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