Welcome to my review of the 7 Day AI Blitz Summit.
In the presentation, Larry Benedict talks about a strange phenomenon that is guaranteed to happen on the third week of September that he refers to as “a 7-Day Blitz.” He says that you can earn big returns off of it if you make the right moves and he wants to show you how to do it.
If you haven’t watched the video, I hope you’ll find this article informative as I have broken down the main points Larry raised in his presentation.
Before I start…
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7 Day AI Blitz Summit Review
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Introduction to 7 Day AI Blitz Summit
The 7 Day Blitz Summit featured Larry Benedict (interviewed by John Burke) and its purpose was to promote a newsletter he publishes called The S&P Trader.
Before he got to promoting the newsletter, he talked about a strange phenomenon that should happen on the third week of September. This phenomenon will provide you an opportunity to make a fortune off of one ticker.
Larry says that the phenomenon is guaranteed to happen in the third week of September because it is enforced by an organization that is regulated by the federal government. When it takes place, more than one trillion will change hands.
He also says that there’s an alternative AI play that could help you make the equivalent of an annual salary in just one week.
He reiterates that it is not the usual names that come up when people talk about investing in AI such as Nvidia, Microsoft, or Google. Instead, it is a stock that not many are talking about.
He’s written up a whole special report about it called Larry’s Playbook for The AI Boom.
Now, the organization regulated by the federal government that he is referring to is the Options Clearing Corporation.
It is an equity derivatives clearing institution that is regulated by the government.
The phenomenon he is talking about is the scenario where stock index options, stock options, single stock futures, and stock index futures all expire automatically in the same week (the third week of March). He says that he has found a way to take advantage of this with a proprietary indicator.
The single ticker he is talking about is the S&P Index (SPX).
He says that he trades options on it. His special indicator lets him know whether money is flowing into the market or out of it in the third week of September. He then trades options based on how the indicator predicts — he makes money either way because options can profit whether the underlying security is soaring or plummeting.
He uses a vertical spread strategy that enables him to limit risk.
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Who is Larry Benedict?
Larry Benedict is a former hedge fund manager and a professional trader.
He is the CEO of The Opportunistic Trader, a boutique investment research firm that provides general investment advice to retail investors through its newsletters. In that sense, it reminds me of Empire Financial Research or St Paul Research.
Benedict has been in the investment world for more than thirty years. He started his career as a market maker in equity derivatives products at the Chicago Board Options Exchange. He has been featured in a popular trading book series with the title Hedge Fund Market Wizards: How Winning Traders Win.
He says that he left the world of hedge funds to share his insights with ordinary citizens through his financial newsletters.
He graduated from Syracuse University.
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What do you get when you sign up for The S&P Trader?
Larry Benedict says that when you join the S&P Trader, you receive the following:
- One Recommendation every week where he also shows you how to place your trades. He also gives you regular updates on how the trades are faring in case something significant happens.
- A free copy of The 7-Day Blitz Starting Guide. This guide shows you how the 7-day blitz phenomenon works.
- A seven-part video series called How to Retire with One Ticker. In the tutorials, Larry and his staff show you how he picks his trades and how he manages to survive on one ticker.
- There is a push notification alert service if you want to receive live updates about your trades.
- A special report titled Vertical Spread Trading: The Safest $1,000 a Week You’ll Ever Make. It is about Larry’s options trading strategy.
Subscription Fee: $2,000 per year with no cash refunds.
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Is 7 Day AI Blitz Summit Legit?
The 7 Day AI Blitz Summit is legit. It is a webinar that was recorded by Larry Benedict (being interviewed by John Burke). During the event, Larry got to talk about what he describes as a 7-day blitz during which a lot of money exchanges hands.
What he is referring to is the rise in the number of options contracts being cleared simultaneously by the Options Clearing Commission.
He’s linked it all to the AI phenomenon that everyone in the investment research circles is talking about.
The approach he’s taken is to invest in a stock that could benefit from a potential AI Boom, which sounds mouthwatering considering the hype (and gains) that are now associated with any stock that is related to Artificial Intelligence.
You only have to look at what the AI hype has done to Nvidia stock, making it a trillion dollar company.
Although his recommendations may not work out, there is nothing wrong with him talking about his approach to investing thus I think it is legit.
7 Day AI Blitz Summit Verdict
After watching The 7 Day AI Blitz Summit what I took away from it is that Larry Benedict trades options on the S&P 500 Index (SPX) and he uses a vertical spread strategy. While this strategy limits the risks, it also lessens the potential gains from the trade.
He also blends in Artificial Intelligence because that’s all anyone will talk about these days.
Any company that’s thought to be involved in the propagation of Artificial Intelligence is getting a lot of backers. It appears Larry wants to capitalize on this phenomenon with his presentation.
It will be interesting to see how it pans out.
Larry also promotes his newsletter, The S&P Trader. He says that he will be sharing investment advice on a weekly basis (which is confusing considering that he spends most of the presentation talking about this all-important week in March and not much else about the rest of the time you’ll be a member). If you want to sign up for it, don’t forget that it is a $2,000/yr newsletter with no refunds. Therefore, do more due diligence before you give up your credit card information.
Before you leave
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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.