I like Zeal and continue to subscribe to the monthly. They have their own methodolody and are willing to explain that in details unlike most other newsletters I’ve seen and for this I consider them one of the most enjoyable readings (but actually if I were a newsletter writer I would be mum coz that’s like giving away the recipe of my secret sauce). But if you go back to 2003/04, you’d see that they got slaugthered by the general stock market rebound and lost big on repeated PUTs on NASDAQ & S&P500. Like powayseller said, they’re not yet proven on my book either as it would be interesting to see whether they can “turnaround” when the economy slows down and negatively affect resources prices. Having said that I do think that the law of averages is going back to Zeal’s favor and I think PUTing the general stock market will probably yield profitable results over the next few years.

One note on Zeal Speculator, notice the first year there was a loss of 59%, so word of caution, because unlike their stock recommendation which always come with a 20% auto stop loss, Zeal doesn’t use stop loss on options (coz the maximum loss of premium itself acts as a stop loss mechanism), you must prepare yourself for the possibility of total loss.