Market Chameleon Reviews | Is It A Beneficial Tool?

Once you get serious about trading and realize searching trading ideas and market trends will not cut it.

You need a tool that will supplement what you understand and enable you to expand on how the market works.

This Market Chameleon Reviews will probe if it helps and the tools and features in it.

We will also tackle the benefits, pricing, the pros & cons; and if it suits your needs.

Market Chameleon Reviews: Rundown

Market Chameleon Reviews - Market Chameleon Platform
Market Chameleon Platform

Market Chameleon is a web-based financial market research tool.

It provides a suite of various products that specializes in populating U.S. stock and options for trading opportunities.

As it is browser-based, you can search for various trading ideas and techniques with just a click of your finger.

It has a somewhat outmoded website and marketing scheme but they still offer detailed technical tools.

That is one of the best options strategy generation platforms on the market,

Especially for trading earnings seasons, which is arguably their biggest strength.

 

Market Chameleon Reviews: The Features

Market Chameleon offers some features for people who want to look around first.

And people who want to use the entire range of the tools Market Chameleon has.

As Market Chameleon is a powerful tool, it has unique features that you may find useful in your strategy.

These are the ones distinct to Market Chameleon Platform.

Unusual Options Volume Screen 

This is one of the free tools useful to investigate throughout the day to make sure you’re not getting scammed.

With the growing popularity of trading, whether in stocks or options.

Keep in mind that there could be fake among the legitimate ones as volume increases.

There are many examples of options volume surge that will just burn to ashes soon after.

With this feature, it will help you take a step back and reassess if you want to join the bandwagon or not.

Watch List

This feature will allow you to track the stock that you are interested in.

Plus, there is an option for you to set up an alert trigger when there are movements in the underlying stock.

You can create different watch lists for the stock you are watching, complete with an alert.

As the day goes on, there might be chances that you need to leave your monitors.

And you can no longer monitor the stock you are keeping tabs.

Market Chameleon Watch list will lend flexibility to you as it will alert you if there are intraday movements.

You no longer have to worry that you can’t focus solely on what’s happening within the market.

Earnings Calendar

Market Chameleon Reviews - Market Chameleon Earnings Calendar
Market Chameleon Earnings Calendar

The tool has an in-depth earnings calendar that consistently produces the most active in the markets.

It will help you strategize by showing price reactions to the stocks you are interested in.

You will produce the before, during, and after the earning release comes.

It will also generate probable outcomes on the choices you made.

This gives you the advantage of what strategy to take to generate more profit and avoid huge losses.

Earnings Option Strategy Screener

The earnings season is the best feature that Market Chameleon offers.

This is a feature that will enable you to get the most out of your earning each season.

With Earnings Option Strategy Screener, it will present you with the best strategies you can take.

It will fortify your moves so it prepares you for the market movements and still gets a profit out of it.

You must have this information to select the best strategy that will work for you.

Market Chameleon will not only give you important information, so you make an educated decision.

It will not what you have and what also what you will lose.

These are some effective scans inside the tool:

  • Covered Call this strategy will enable you to collect your earnings before release.
  • Naked Put  this strategy is a little risky and is best for those experienced traders who have larger funds to spend.
  • Call Spread this is a strategy best suited for newcomers.

With everything in life, you must remember that this is the money that you worked hard on.

And you must safeguard it and choose the best strategy that will yield high.

This Market Chameleon feature enables traders to tweak the settings for upcoming earnings seasons.

News 

News Scanner is a news feed that provides links to headlines of the stocks of the companies you are looking into.

The feed is not real-time but useful if you want to know what is happening with the companies in your portfolio.

Market Chameleon Reviews - Market Chameleon News
Market Chameleon News

Market Chameleon Reviews: What People Say

These are a few examples of what other traders have to say about this financial tool.

Rune T. 9/8/2020
Good option screener. If you have some ideas/strategies it’s likely you can find a way to screen for the options you’re looking for. While wasn’t a 100% match for my preferences, a few tweaks made it near perfect and a lot faster than python or excel setups of the same things. I’d like to see an annual subscription at a slight discount for those of us who are in it for the long term.
c. 9/7/2020
Been using marketchameleon.com for about a month now. It has helped me learn more about stocks and particular options. I have tried a few option call/put spreads with success, but made one poor choice as well (mostly an error on my part). I am learning that just because the program suggests a few strategies you still need to check other factors before making the trade (don’t be in a hurry). I like how it gives a lot of info in one place. They gave a special for 3 months, which made it affordable for someone like me with a small trading account. If it continues to provide helpful strategies I will likely continue, hoping they will continue to offer a special rate or I can just purchase the section of information I am interested in, or offer a long-term option (e.g. buy 1 year instead of monthly). Their morning streaming videos are informative as well, although a little early for me in California. They do answer live questions during the streaming which is nice.

Leonard U. 9/7/2020
Do you trade options? If you don’t use Market Chameleon you are missing out on the most robust resource available on the web. Market Chameleon transformed and improved my trading approach.

 

E.B. N. 9/7/2020
Amazing resource for options traders. The screeners are some of the easiest to use out there, my absolute favorite site for volatility trading research.

 

cpark0912 1 year ago
I use the site strictly for their implied volatility scanner, which I find to be pretty useful as an options seller. And it’s free, which is nice.

Most of the reviews are positive and there is not much criticism online.

Market Chameleon Subscription

Market Chameleon has three subscriptions that you can choose from.

These levels will also give you varying tools for whatever trade you are into.

Market Chameleon Reviews - Market Chameleon Stocks and Earning Subscriptions
Market Chameleon Stocks and Earning Subscriptions

So be it stocks or options, Market Chameleon has tools that you can utilize for your own advantage.

Market Chameleon Reviews - Market Chameleon Options Subscriptions
Market Chameleon Options Subscriptions

Market Chameleon Price

As Market Chameleon offer different subscription level it has different pricing as well.

Think of it as an ala-carte tool that you can select what is best for you.

Market Chameleon Reviews - Market Chameleon Pricing
Market Chameleon Pricing’

The free subscription works best for those who are only looking into the tool to see what it offers.

These are the inclusion with each subscription:

  • The Stock Trader  – $39/month and enables dividend reports and stock screeners.
  • The Options Trader –  $69/month and enables options chain data and numerous options market screeners.
  • The Earnings Trader – $79/month and enables Options and Earnings Options Strategy Screener and different earnings report pattern tools.
  • The Total Access plan costs $99/month and enables all-access to the tool.

Market Chameleon Makes It Different ?

There is a multitude of financial market tools out there.

But Market Chameleon stands out in the sense that it offers varying levels of subscription that you can choose from.

If you are a stocks trader then you can just select the $39 plan.

Just as you are an options trader and choose for the plan that fits your needs.

Whatever plan that you choose, the tool will reinforce your decision-making as it will provide you with the best strategy to take.

PROS and CONS

Of course, the tool is not perfect.

There are still parts of it that can benefit if it is improved.

So before you fork out your hard-earned cash consider these pros and cons before subscribing.

Pros

  • 7-day free trial
  • The tools are specifically developed for its intended use
  • There are free tools you can check before subscribing to see if the platform is beneficial for you
  • Watchlist creation is easy as well as the alerts and tracking
  • Provides the best suitable strategies that you can take to maximize earnings

Cons

  • Outmoded platform and is not intuitive
  • Beginner traders will find it a bit daunting at the start since there are a lot of buttons to click
  • There are not many tutorials on how to fully utilize the platform

FINAL THOUGHTS: Market Chameleon Competitors

Not that you have read this Market Chameleon Reviews.

And you find the platform a bit difficult to navigate and feels like pre- 201o you can check out OptionsPlay.

It has a more intuitive design and the platform is only one webpage.

Read here to learn more about OptionsPlay.

But there is a better alternative to this too.

A trading service where you can gain more profit with a lesser risk involved.

If you want to leverage your trading power and increase your trading account balance faster this is the place to be!

 

Market Chameleon Reviews - Trader made huge profit 2 days after learning at the Gang$ta Strategy at Successful Tradings Boot camp on September 2020
Trader NovemberBravo50 made 600% Profit Leveraging Knowledge from Boot Camp

 

Market Chameleon Reviews - Join Successful Tradings To Take your Trading To The NExt Level

 

Market Chameleon

$99 per Month for the Total Access
9.5

Data Accuracy

9.8/10

Ease of Use

9.0/10

Education Training

9.0/10

Features

9.5/10

Alerts

10.0/10

Pros

  • 7-day free trial
  • The tools are specifically developed for its intended use
  • There are free tools you can check before subscribing to see if the platform is beneficial for you
  • Watchlist creation is easy as well as the alerts and tracking
  • Provides the best suitable strategies that you can take to maximize earnings

Cons

  • Outmoded platform and is not intuitive
  • Beginner traders will find it a bit daunting at the start since there are a lot of buttons to click
  • There are not many tutorials on how to fully utilize the platform

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