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Report: #1497352

Complaint Review: Chuck Hughes - Options Trading - Nationwide

  • Submitted:
  • Updated:
  • Reported By: Trader T — United States
  • Chuck Hughes - Options Trading Nationwide United States

Chuck Hughes - Options Trading Misleading advertising. Nationwide

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I have been getting solicitations from this guy for over 3 years now. In the last year he has sent several 20 page hero folders of his "success". Problem is - he includes a chart on his "market neutral calculator" that is intended to deceive.

This spreadsheet shows a simulated trade in COST - with "what ifs" for the stock not moving - or moving 20, 40 and 60% one way or another. With a "100.8% return at 0% movement and bigger gains going way out - he states in red "minimum profit 100.8%" This is patently untrue - and would get someone with a license in hot water.

Truth is - in that unshown area between 0-20% - which is much more likely - the returns are often negative. He knows it - that's why he goes outside of that to make it look like you can't lose.

I have sent copies of this to him twice suggesting he knock it off - yet it came again today 7/8/2020. 

Hey Chuck - if you are such a genius - why do you have to lie to people. I hope you get a visit from a consumer watchdog group over this.

 

This report was posted on Ripoff Report on 07/08/2020 01:20 PM and is a permanent record located here: https://www.ripoffreport.com/report/chuck-hughes-options-trading/nationwide-misleading-1497352. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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