Zacks ranking for option activity

Discussion in 'Options' started by arturo100, Feb 29, 2024.

  1. I am considering subscribing to the Zacks service (https://www.zacks.com). They have a quite sound stock ranking service that I would like to exploit using options. Their full piad service is 299/year, though they offer a one month free test. Does anyone have any experience with their service?
     
  2. taowave

    taowave

    I woulnt believe the hype
    regarding their ratings..

    Call Zacks money management division and tell them you are looking to allocate money. Then ask for their audited returns...

    Let me know how that goes . Been there,done that :)









     
  3. Thanks for sharing your experience with them. I'll follow your suggestion to ask for audited returns, but the perforrmance of their predictions should be should be already available:
    https://www.zacks.com/performance_disclosure/

    Anyway, you seem quite knowleadgeble about them. Would you mind to elaborate a little more about your experience with them?
    Thanks again.
     
  4. taowave

    taowave

    When I considered Zacks,their #1 ranked stock returns were off the charts. I called their money management team asking for their returns as I was considering allocating some money.It was a while back,but the actual returns were a fraction of
    the Zacks # 1 advertised...

    Not saying Zacks doesnt have value, but I would do some digging on the following..
    Same goes for TipRanks

    " Some of the performance numbers we show are based on backtests while others are based on the actual trades delivered to clients via our web sites. To effectively use our services you should understand the difference between returns of a backtest."