Review Time
I was a member of InsideOptions for 18 months, and I am sharing this review to provide a realistic look at the journey from profits to a total account wipeout.
The Sales Pitch vs. The Reality
During the initial sales call, the program was marketed as having a strategy that "never failed" and had never seen a losing month. Based on these claims and past results, I joined in Oct 2024, paying hefty membership fees. For the first few months, the strategy performed as promised, showing decent gains through November 2025.
The Strategy: A Ticking Time Bomb
The reality of David’s "strategy" is that it relies heavily on a Martingale system. In this model, the strategy requires you to double down on your position the day after a loss to "recover." While this can create a smooth equity curve in calm markets, it effectively puts your entire account on the line to chase previous losses.
The December 2025 Wipeout
In December 2025, the "never fail" claim hit a wall. In a single series, the market didn't move in our favor, and the Martingale doubling resulted in a catastrophic loss. I lost all the profits I had made, plus my own capital. My account was almost entirely wiped out—a 43k loss in total.
Final Verdict & Business Ethics
This is an extremely "risk-on" strategy. When it fails, it doesn't just result in a "bad month"—it clears out entire accounts. Furthermore, despite being a long-term member who had just renewed in October 2025, my request for a refund was denied after trading only three series of the new subscription. They said I do not qualify for refund as I am past their 45 trading day refund window. I just traded 3 series after the renewal so not sure how they are calculating 45 trading days.
If you value capital preservation and want to avoid "win small, lose everything" gambling, I strongly suggest looking elsewhere.
David Chau and his team lack basic market understanding and lured more than 1000 people, abused their trust and misled them. Stole their money and do not honor the contract they signed and refuse members refunds they deserve. They have kept the members hostage in a fraudulent scheme…. Horrible stay away at all cost
This program worked in 2024, and based on that promise I joined in January 2025. During Christmas, the strategy failed at level 6, and a lot of people blew up their accounts and lost a lot of money. You can find more information in reddit. They promised a refund of the program fee, but when I sent the documents and asked for it, they removed me from their program even though my membership is valid until February 13, 2025. They are somehow managing with the existing group, and if you post anything about refunds or other questions, the Slack bot removes the message while they try to pretend everything is normal. You might make money for a few months, but in one shot you can lose everything.
AVOID AT ALL COSTS! At best, you may achieve average gains while facing significant risks and immense stress. You have to adjust your daily routine and monitor alerts closely. Missing an alert can lead to losses that might take months to recover from. In the best-case scenario, I witnessed a shocking incident on Christmas Eve where a group of around 1100 people faced the risk of losing their entire accounts, with some individuals losing up to $1M and others as little as $30K. Collectively, the group lost about $60M in just three days. I personally lost $35K. During a follow-up meeting, the leader admitted, "I MISSED SOMETHING." This illustrates the risks involved. Long-term members who had invested $5500 annually lost everything, and the admin charged an average of $5000 per member in fees. If you're outside the refund window, recovering that fee is impossible. I realized too late how easily one can wipe out their account. The situation can repeat itself: if you sell iron condors near the expected market move for 1DTE, a market shift of just 10 points against you can wipe out your entire account. Beyond the financial loss, the worst part was the dismissive attitude of the leader and their team. They never offered to assist the group, merely stating that they missed something. The group requested at least a temporary free subscription, but they were rude and unresponsive. This experience has left me devastated, and I reiterate: "AVOID AT ALL COSTS!"
I became a member in July 2024 and began trading in August 2024. Their strategy relies on the Martingale concept, which is quite risky and ultimately leads to substantial losses. On Christmas Eve 2025, this method resulted in significant account wipeouts for many members, myself included, leaving numerous traders unable to proceed. I had just paid my subscription for the year, and after incurring these losses, I found myself unable to utilize the service. Initially, when I sought a refund or a prorated reimbursement, they declined, referencing the contract terms. Ultimately, they did process my refund, which I appreciate — however, their initial refusal demonstrates how members can be vulnerable in critical situations. This experience serves as a serious warning: the Martingale-based approach poses a genuine risk of total losses, and anyone thinking about joining should exercise extreme caution. Although I did receive my refund, the financial and emotional toll was considerable.
Account wiped out. This is just a Martingale strategy disguised with flashy signals. I felt assured until the holiday season arrived. The algorithms behaved strangely, and losing streaks became never-ending... and just like that, my entire account disappeared by evening. While the representative may seem convincing, this system is a trap. Everyone, be cautious—your finances will appreciate it.
I joined InsideOptions.io in 2025, paying roughly $5,000 in membership fees. The promise was consistent income; the reality was a financial disaster.1. The Financial Wipeout:In December 2025, the strategy failed catastrophically. The community suffered an estimated $26 Million aggregate loss (over 1,000 members losing a minimum of $26,000 each). Most members lost entire trading capital following their rules.2. The "Wealth Transfer" Business Model:David Chau "took responsibility" verbally, but words are cheap. While members were wiped out, he and his company pocketed millions in subscription fees. This operates less like a partnership and more like a wealth transfer: the owners get rich on fees, while the members take 100% of the risk.3. Censorship & The "Cult":David employs a staff of roughly 20 people to manage the Slack community. Their primary role during this crisis has been suppression. They actively delete messages from members asking for accountability and silence anyone who questions the narrative. They solicit positive reviews when winning but censor honest feedback when losing.Do not trust the "Past Results" marketing. Ask for the 2025 Performance Report. If they won't show it to you, it's because it is a graveyard. Stay away.
Blown account . Pure Martingale dressed in shiny signals. Felt confident till Christmas hit. Algos reacted weird, streaks turned endless... and boom, whole account vanished by evening. David Chang might sound smooth, but this system's a trap. Folks, stay clear—your wallet will thank you.
I joined InsideOptions in July 2025 with a $6,000 annual subscription. After 6 months of following their L3-L6 martingale strategy and risking up to $26,000, December 2025 wiped out my entire year's profits and put me deep in the red.Understanding the L3-L6 Martingale Strategy:InsideOptions uses a "leveling" system (L1-L6) where you progressively increase position sizes to recover losses:L1-L2: Small positions with manageable riskL3-L6: Dramatically increased position sizes (doubling down on losing positions)Martingale Strategy: Each level doubles or significantly increases your bet to recover previous lossesThe Critical Risk: This strategy assumes markets will eventually reverse in your favor. When they don't (like December 2025), you're risking $26,000+ at L6 to recover earlier losses. If that final position fails, you lose everything—all prior losses PLUS the massive L6 position.My Experience:Lost: subscription fee + initial investment + all prior profits + 6 months of timeAfter 6 months, I didn't even break even before December's collapseExtreme stress monitoring positions constantly during L3-L6 tradingOne week in December destroyed everything when the martingale strategy failedAddressing the "Past Performance" Deflection:Some will point to pre-2025 performance as evidence the system works. Past performance does not guarantee future results—that's not just a legal disclaimer, it's exactly what we experienced in 2025.We paid for 2025 membership based on 2025 promises. If the system was so proven and reliable, why did so many members following it experience significant losses this year?What Was Missing: During the sales and onboarding process, the catastrophic risk scenarios we experienced in 2025 were not adequately disclosed or prepared for. Many of us entered this program without fully understanding the potential downside exposure, particularly during extreme market events.What They Don't Tell You:Martingale strategies have unlimited downside riskL3-L6 levels can require $20,000-$30,000+ in capitalOne bad market event can wipe out months and years of gainsThe psychological stress of watching positions at L5-L6 is extremeYou're constantly monitoring alerts to close positionsImportant Legal Note: Even if you pursue legal action to recover your subscription fees, you still own the risk of losing all your capital if you follow their system. The subscription refund doesn't recover your trading losses.To 2025 Cohort Members:We have a responsibility to share our honest experiences—both wins and losses—to help future traders make informed decisions. Please post balanced, factual reviews on:TrustpilotGoogle ReviewsSocial media platformsFocus on facts: what you paid, what you lost, what risk disclosures were (or weren't) provided, and whether the program met your expectations.To Prospective Members: Ask about:December 2025 losses and how many members were affectedWhat happens when martingale strategy failsHistorical drawdowns and worst-case scenariosThe time, opportunity cost, and financial losses were significant. The martingale strategy's risks were not adequately disclosed during sales. Transparency and accountability matter more than protecting marketing efforts.Do your due diligence.
This is my second review for this program after a year (my first one was 3 month so in). SPX program is amazing!!!!, I had no prior trading experience before joining (let alone options trading), and I still have been very successful in it (learning as I go).So far I am up about 70%, and I have made mistakes, have not follow the system to the letter at times because of greed or fear, if I had, I would be up 90% of so. Anyway, the program has its risks but definitely worth it if you are looking for high-yield returns, just make sure you only risk what you can afford, don't over leverage or try to get rich quick.The IO team is amazing, they answer questions and provide assistance and information as requested (provided is not a proprietary secret of course ), and on top of that, other more experienced members are always willing to step up and help whenever they can.
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