1Option provides trading research, trading technology and trading education to swing traders and full-time traders. Option Stalker is ideal for part-time traders and Option Stalker Pro is designed for full-time traders.
Before you join us, take the Free 2-Week Trial. During the trial you will have access to Option Stalker Pro. The chat room is located on the website and you will use the same log in for the website and for Option Stalker Pro. Trial taker must have an account with Ameritrade, Interactive Brokers or Tradier Brokerage. We do not require any credit card information, but you do have to register with our website to take the free trial.
- What is the fastest way to get started?
- Do you have a track record?
- Does Option Stalker work on a Mac computer?
- What type of research do you provide to swing traders?
- Can I get an e-mail with the Weekly Swing Trading Video link?
- Do you always post videos on Wednesday night?
- Is there a way to auto-trade the trades from the video?
- Do I need a brokerage account?
- What is the preferred brokerage interface?
- Can I just subscribe to the Chat Room?
- What is your favorite swing trading search?
- What is the difference between Option Stalker and Option Stalker Pro?
- How much does Option Stalker and Option Stalker Pro cost?
- How do I interface with my broker?
- Can I trade through Option Stalker?
- Can I See My Positions and Trade Log?
- Is there a manual for Option Stalker?
- What type of research do you provide to full-time traders?
- What is my username and password for the website?
- What are the two searches in the chat room?
- What is the Market Rating and how do I use it?
- What are the trade signals?
- Are there any rules to the Chat Room?
- What does the Chat Room jargon stand for?
- What is the best day trading search?
- What is the bullish/bearish explosion alert?
- How do I use the 1OP indicator to day trade S&P 500 futures?
- How do I use the buy and sell lines on the chart?
- How do I place an option trade?
- What are staged orders?
- What are the Alert and GTC buttons?
- Do you offer refunds?
- How do I cancel my subscription?
- How can I learn more about Option Stalker?
- Does Option Stalker provide education?
- Do you provide personal assistance/mentoring?
- Can I use Option Stalker on my tablet?
- How do I get support?
- How do I change stock symbols on the Option Stalker charts?
- Who writes your market commentary?
- Is the subscription set to auto-renew?
- Do you offer any training?
- Why is the symbol stuck on SPY when I use the Interactive Brokers API?
- Why do I get the error “Failed to Initialize API” when using the Interactive Brokers API?
What is the fastest way to get started?
CLICK HERE to watch the quick start video.
These FAQs are a great starting point because you will get a feel for what we offer and how the products are structured. Once you register with the website, you will have access to our FREE eBook on options trading. It outlines our systematic trading approach and you will see how all of the pieces fit together. The final step is to read the Option Stalker manual on the download page. Get familiar with all of the searches, features and indicators available in Option Stalker. Now you are ready to maximize your free 2 week trial. This is a comprehensive trading solution and it includes research, technology and education. If you need assistance getting started, click Help.
Do you have a track record?
I have to answer this question with a question. Do you trust track records? I don't because many of these so called track records are “cherry picked”. I offer many ways for you to check my performance.
- During your free trial ask members in the chat room if they are making money. I don't mind if you do this and I won't interfere when members respond.
- Watch the trades in the chat room during the free trial.
- Follow the swing trades in the Weekly Swing Trading Video during the trial.
- Watch the YouTube videos. In each daily video I recap the trades highlighted in the prior video. Go back weeks or months and watch those videos. In fact, check the YouTube videos that were posted during the biggest market crash since the Great Depression
I don't want to win you over with old trades. I want to show you how we are making money today. That's why I offer a free 2 week trial.
Does Option Stalker work on a Mac computer?
Option Stalker is a Windows based software program and Mac users need to have a Windows virtualization program like Parallels installed on the computer. Many Option Stalker members are successfully using Mac computers with these virtualization programs.
Alternatively, Mac users can use an Apple solution called Boot Camp that installs Windows on the hard drive. This will allow you to run Windows based applications like Option Stalker. To learn more please click this link to Apple's website.
What type of research do you provide to swing traders?
Every Wednesday night we record a Swing Trading Video. We conduct market analysis using Option Stalker and we review ALL of the prior week's trades. Then we use Option Stalker searches to find new trades. Each week you will get at least 4 new swing trades with exact entry and exit instructions.
Can I get an e-mail with the Weekly Swing Trading Video link?
Yes. We post the video to YouTube (unlisted) and once the link is available we send an e‑mail with that video link. Click the link to watch the video.
Do you always post videos on Wednesday night?
We try to. When there are exceptions and we notify members the video will be posted on another night. Holidays are the primary reason for posting on another night. We find that Wednesday nights are the best because the market is hitting full stride and we can get a clear picture of how the week is setting up. This also helps us avoid taking trades before an FOMC statement.
Is there a way to auto-trade the trades from the video?
We've made it very easy for you to place the trades. In Option Stalker you will find a tab in the Trade pop-up called Staged. This stands for staged order. During the video, these trades will be entered for 1 contract and they will be GTC. If we are buying options the limit will be for $.01. If we are selling spreads the credit will be for the difference in the strike prices. Simply click submit in the Staged table and the order will be routed to your broker. You will NOT be filled on these orders. The next day you can log into your brokers mobile app, check on the stock and adjust the quantity and the credit. This will make it much easier to place the trade because you won't have to remember the symbol, the strike prices and expiration dates. Know that we typically are trying to generate a 25% return on the margin requirement for the spread. Please make sure to cancel the order if you do not plan to take it. In the event you forget, you will buy 1 contract for $.01 or you will sell a 1 contract spread for its maximum price. There is no position risk, but there could be brokerage fees.
Do I need a brokerage account?
No brokerage account is needed. Option Stalker has a version called IEX that is perfect for after-hours research. During the day the IEX quotes in the lists and searches are near real-time and the search results are real-time. The IEX version does not have order entry and the daily/intraday charts are updated after the close of trading. If you are a swing trader who conducts after hours research you will not notice any difference.
If you just want access to our Chat Room we offer a subscription for that as well. Click Here.
What is the preferred brokerage interface?
1Option has negotiated this special rate with Tradier Brokerage - $10/month unlimited commission-free stock and option trades. Tradier Brokerage does not restrict data like other brokers do and I have always been able to reach their support desk. From my experience Trader Brokerage typically opens accounts within 24 hours. Click here to open an account.
Can I just subscribe to the Chat Room?
Yes. The Chat Room is available for $499/year. CLICK HERE.
What is your favorite swing trading search?
PopBull is my favorite swing trading search. It looks for compressions and technical breakouts on heavy volume (coiled spring). During earnings season, Strong After Earn is my favorite search. It looks for stocks that have recently posted earnings. These stocks gapped higher after the number and they are still trading above the opening gap price. These are great for selling bullish put spreads. Pre-Earnings Bull is also excellent. These stocks will report in the next two weeks and they have rallied two weeks ahead the number 75% of the time during the last 12 quarters. These stocks are also great for selling bullish put spreads. These are all excellent searches.
What is the difference between Option Stalker and Option Stalker Pro?
Option Stalker does not have the day trading searches. Option Stalker does not have the short term (M5 – H1) Custom Search time frames that are important to day traders. It also does not include the Chat Room which is really geared towards day trading. All of the other features and functionality are the same. We want to offer a less expensive version (half as much) to traders who don't need or use all of these features.
How much does Option Stalker and Option Stalker Pro cost?
Option Stalker is $79/month, $199/quarter and $499/year. The annual subscription is almost a 50% savings compared to the monthly rate.
Option Stalker Pro is $159/month, $399/quarter or $999/year. The annual subscription is almost a 50% savings compared to the monthly rate.
We suggest starting with a shorter term subscription because we do not offer refunds. If you like our trading technology after using it for a month or two, subscribe to a longer term and save money. The days you have left on the old subscription will be added to the new subscription.
How do I interface with my broker?
Ameritrade and Tradier Brokerage are easy to interface. In the Option Stalker (Pro) log-in pop-up select the appropriate broker in the drop down. During the interface these brokerage firms will ask you to provide your log in credentials for their website and the interface will be complete.
The Interactive Brokers interface is a little more complicated because you have to configure their API in Trader Work Station (TWS). Find Edit in TWS in the upper left corner and follow this path. Edit/Global Configuration/API/Settings. Once you have done that mark the first box (Enable ActiveX) and make sure that Read‑Only is NOT marked. Click OK. You only have to do this once. We suggest logging into Interactive Brokers TWS and then launching Option Stalker (Pro). In the Option Stalker (Pro) log in pop-up you will see Interactive Brokers listed in the drop down. Once you launch Option Stalker Pro they will automatically connect. For an image of this process please go to the bottom of this FAQ page.
Can I trade through Option Stalker?
Yes. Option Stalker has excellent order entry and multi-legged spreads are a snap. Just click Trade at the top or bottom of Option Stalker. The pop-up will default to the stock in your primary chart and it will immediately call up an option chain. If no options are selected the order will assume you are trading stock. For more information on placing orders, please refer to the manual.
Can I See My Positions and Trade Log?
Yes. Click Trade at the top or bottom of Option Stalker. In the pop-up you can select the Portfolio tab and the Orders tab.
Is there a manual for Option Stalker?
The Option Stalker manual is located on the download page. It is a fantastic resource and it describes the searches in detail. We highly recommend spending time reviewing the manual. There are tools that will help your trading.
Option Stalker Pro
What type of research do you provide to full-time traders?
Our research for full-time traders is ongoing. It starts with the Pre-Open Market Comments and it continues the entire day. We highlight the stocks that you should be focused on and 2 of our top searches will alert you to some of the best stocks in the chat room. We are constantly searching for stocks to buy/short and posting them in the chat room. The Morning Video will highlight those stocks and we will describe what made them so attractive. The chat room also includes S&P 500 day trades, option lottery trades and excellent trade ideas from our members.
Of course you will get the Weekly Swing Trading Video as well.
What is my username and password for the website?
The user name and password are the same for Option Stalker and the website.
What are the two searches in the chat room?
These are the best searches given the current market conditions and we can change them to adapt to market conditions. Heavy Buying and Heavy Selling are two of our favorites and they the best searches right on the opening bell.
What is the Market Rating and how do I use it?
The value of the Market Rating is not as important as the trend. For instance, if the market has been moving higher and you are long, watch for a decrease in the Market Rating. It will be a sign that you should start taking profits on some of your longs. If the decrease continues it might be a sign that a reversal is coming and that it might be time to short. This indicator is predictive, not reactive. You will also know from our commentary when conditions are changing. This is just another tool we use.
What are the trade signals?
The trade signals are buy/sell signals generated from our trading system. When we view the signal across multiple time frames it helps us gauge the strength of the current market move. If all of the signals agree, the move is strong and you can increase your trading size.
Are there any rules to the Chat Room?
The chat room is laser focused on symbols and entries. I ask that traders post entries on a timely basis and all exits must be posted on a timely basis. I ask that members stick to trades and that the chatter is minimal. Profanity is not allowed in the chat room. Learn more.
What does the Chat Room jargon stand for?
If we are buying stock/futures to open we say we are “long ABC”. If we are buying to close we say “bought ABC for gain” (or loss). If we are selling to open we use “short XYZ”. If we are selling to close we use “sold for gain” (loss). It won't take long to understand. This way we know if someone is selling a long position vs selling short to initiate a position. We are always more interested in the entries than the exits. When we refer to lod that means low of day and hod is high of day. A strong bid means the market wants to go higher. If you are trading options, please state the month and strike.
What is the best day trading search?
Honestly, there are so many. We may only use the Bullish Explosion search a dozen times a year, but that search will pay for itself in one trade. Heavy Buying is a favorite on the opening bell. When the market drops and support is forming I look to Relative Strength 30. These stocks are strong relative to the market and they are ready to run as soon as the market finds support. This is how I trade market reversals.
What is the bullish/bearish explosion alert?
Option Stalker Pro knows every 20-day average volume for every five minute period for every stock. When we see something unusual we get an Explosion Alert pop-up on Option Stalker Pro. It means that there is incredibly heavy volume and a dramatic price change. If you recognize the symbol and it is a big company it will probably be a good one. When you see an alert for GOOG, EBAY or BIIB you know it will be good (all have been recent explosions). Large cap stocks are hard to move and this news is always material when it hits the wires. These alerts are so timely that we get in right when the move is happening. I like to look at a daily chart to see if the stock is through major horizontal resistance. If it is I like it even better. I go to the five minute chart and I want to see a long green candle on its high and I want it to hold. I like to click the Buy button and quickly drop the buy line at the current price. I don't mess around with these. You have to buy them fast. If the move is not happening in 10 minutes I will get out. These are rockets most of the time.
How do I use the 1OP indicator to day trade S&P 500 futures?
We look for deep troughs and big spikes. Those signal crosses produce the strongest bullish and bearish reversals respectively. The indicator is predictive (not reactive) and it is true 80% of the time. There are divergences when the market is in a strong directional trend and this happens 20% of the time. These divergences are also very powerful and we know when to look for them. The 1OP indicator took me 10 years to develop and it is all I use to day trade futures.
How do I use the buy and sell lines on the chart?
You can also trade stock right from the charts. Click Buy at the bottom of the chart and drop the buy line at your buy price. If you are short stock, it will load the quantity you are short. If you have no position it will use the dollar allocation you have set. If you have no position and you place a buy order above the current price the system will know it is a buy stop. If you place the order below the current price it will know it is a buy limit order. This same logic is used on sell orders. If you are long stock and you place a sell order that quantity will load. For more information on all of the order entry features please refer to the manual.
How do I place an option trade?
Click Trade at the top or bottom of Option Stalker for the pop-up. You can also right click and select Trade. The pop-up will load the option chain for the stock in your primary chart.
What are staged orders?
If you want to monitor a spread or single legged option you can configure the order but instead of clicking Submit, you select Stage. The order will appear in the Stage tab and you can track it hear and modify, cancel or submit the trade with one click. This is a great feature when the market is moving quickly and when you want to have them ready. Staged is also where I will place the Weekly Swing Video candidates. With one click you can route them to your broker as described above.
What are the Alert and GTC buttons?
These are diagonal alert lines. Select Alert and the line is good for the day. Select GTC and the line is good until it is triggered. To draw and upward sloping line click in the lower half of the starting candle and the lower half of the end candle. The line will be drawn and when triggered you will get an alert pop-up. To draw a horizontal alert line, click on the same candle twice. These lines are great for trade entry and for managing your exits.
Do you offer refunds?
No. We offer a two-week trial. If you are still not sure if this suites your needs you can sign up for one month. The term is short so there is no long term commitment. We suggest that you start with a shorter-term subscription.
How do I cancel my subscription?
Log into the website and click Account. Next to your subscription you will see the word cancel. Click it and the auto-renew will be deactivated. You can continue to use the product until it expires. If you change your mind and you want to continue, click Activate next to the subscription and the auto-renewal will be turned on.
How can I learn more about Option Stalker?
The fastest way to learn about Option Stalker is to read the manual located on the download page. It details all of the features and it highlights our favorite searches and under which market conditions to use them. The videos on the Tutorial page are an excellent resource and you will see Option Stalker in action with all of its features.
Does Option Stalker provide education?
Yes. Our research is filled with educational content. We don't just highlight trades, we explain the decision making process and we devise a game plan. You will see this in all of our videos, the chat room and the pre-open market comments. Our free eBook on options trading walks you through our systematic approach from start to finish.
Do you provide personal assistance/mentoring?
We do not offer personal trading or mentoring, but we do provide daily education in everything we touch. We have to communicate in mass. Members are expected to have a general knowledge of options strategies and options pricing. The concept of time decay and implied volatility are important. We extensively use vertical spreads and when conditions are right we also buy options. These are the only two strategies you must know.
Can I use Option Stalker on my tablet?
Option Stalker is Windows based and it will not work on a tablet. The viewing area is too small. It will work on a laptop or desktop that has Windows (or a Windows emulation program for Mac users).
How do I get support?
On the website please click Help at the top of every page. We will answer your questions during market hours. Please avoid the opening bell since I am trying to get my morning comments posted. Often I am available after market hours – try me.
How do I change stock symbols on the Option Stalker charts?
Place the cursor anywhere on the chart, type the symbol and hit enter. Please spend time reviewing the Option Stalker manual. It will answer all of your questions and you will learn how to get the most out of Option Stalker. For instance, it describes our favorite searches and under which market conditions to use them. The manual also explains how to use diagonal alert lines to trade.
Who writes your market commentary?
All of the research you see is done by me. I spend hours each day analyzing the market. Everything starts with the market so I'd better get it right.
Is the subscription set to auto-renew?
Yes. You can cancel the auto-renew at any time in the Account area and continue to use the chat room until it expires. You can also update your credit card information in the Account area.
Do you offer any training?
Yes. I have a library of videos dedicated to educating traders. Please click Tutorials on the main menu. We offer the free 60-page eBook and it will help you put all of the pieces together. Annotated charts are posted to the chat room to highlight specific trading patterns. In short, everything 1Option touches has an element of education.
Why is the symbol stuck on SPY when I use the Interactive Brokers API?
This means that Option Stalker is not able to pull the required data from Interactive Brokers (IB). You need to log into IB's client portal and add the North American bundle. Once you do that you will be able to pull real-time stock and option data.