Bottarelli Research Options Bryan Bottarelli Inconsistant Refund Policy Naperville Illinois

Bottarelli Research Options is a three tiered options subscription service. I have subscribed to all three. I have subscribed to the service twice in the last 3 years. The last time I chose a 3 month term for $800. When I took out the subscription at the beginning of the year their policy for refund was prorated based on remaining full months less 10%.

I recently requested a refund which left over 1 month and according to their policy I should receive $240 in 5 business days. The refund finally arrived but it was only $200. This does't sound like much but they change their policy after you take their service. When you add this $40 up and multiply it by how many people get ripped off they are using their policy as a trading vehicle. This happened before and I should have known better and avoided them for their dishonest policy.

If you view the trades Bryan Bottarelli puts on many times you can tell he only buys one contract which makes me wonder how much conviction he really has in his trades. Case in point Feb 2/16 alert told us to buy XOM 75.5 puts he only had one in the game visible on the option chart. Due to the quantity of traders in his service I feel his/their service is flagged some how by the market makers and the options recommended are immediately driven up 15-25% before you have a chance to buy them and his target is usually to make a 20% gain so many traders don't make any money and I feel a lot lose money. He doesn't include commissions in his percentages which skews the ROI's.

Learning how to trade options takes a lot of time and risk. If you choose to take his service be forwarned, just like his line "take the money and run" once he has yours don't expect much in the way of a refund after all subscriptions is how he makes his living or contributes to any losses from bad trades.