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.
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InsideOptions is a stock and options community and the host of the SPX Income Program where we help average traders pursue a career in options trading.
