Benzinga Options Review – Michael Murray Scam?

Today, we’re to talk about Michael Murray’s Benzinga Options. Is options trading also good for you? Find out in this Benzinga Options review.

Benzinga Options is an online-based stock trading alerts app. Basically, it monitors the stock market for any movement whatsoever, and sends alerts and even some insights to the user.

In theory, this can allow you to plan out your trades effectively using the given data. You’ll know when is the right time to buy or sell some stock, or what stocks should you buy (or even sell).

Overall, it’s intended for you to get the maximum profit out of stock trading. And as you may already know, stock market trading is gaining some popularity and accessibility as a moneymaking method, especially in today’s pandemic period.

Of course, you may have some skepticism. After all, stock market trading is still rather risky. If you’re not careful, there’s a chance that you’ll lose all your savings.

And this is where this Benzinga Options review aims to assist. Here, we will tell you all about Benzinga options, how it works, and what’s inside the app.

So before you subscribe to this service, it would be great if you read this Benzinga Options review first. So you can determine for yourself if this is the right tool for you, or not.

As a disclaimer, this is a completely unbiased Benzinga Options review, based on publicly available information and my own opinions. I’m not affiliated with and Michael Murray in any way or form whatsoever.

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Benzinga Options Review: Quick Details

  • Name: Benzinga Options
  • Notable Persons: Nicolas Chahine, Michael Murray
  • Website:
  • Socials: YouTube Channel, Instagram
  • Type: Trading Alerts & Newsletter Service
  • Niche: Stock Market
  • Recommended?: Not at all. These stock alert services may give good stock advice, but most of the time, their analysis and predictions can fail. Some of them can be harder than others. This isn’t surprising as the stock market is simply unpredictable, and is unstable. If you want a more stable way to earn money, there are better methods out there.

What Is Benzinga Options?

Benzinga Options Logo

Benzinga Options is actually a news platform that constantly monitors the stock market on an almost blow-by-blow basis. It keeps you updated on all the latest happenings, events, and breaking news that can affect the market movement.

True to its name, Benzinga Options has a particular focus on options trading. It’s also part of a line of products from Benzinga, which also includes a general stock trading alert service.

The alerts service of Benzinga Options claims to be very easy to use. Just see the early alert, get in before everyone else, ride the trend, and exit before it peaks so you can profit.

Benzinga Options also claims that, using their trading signals, you’ll be able to get gains in the double-digit range, each of them having a 90% win rate chance. And all you have to do is to follow their recommendations.

That win rate is understandably unheard of in the industry. But they say it’s possible with their breakthrough market timing system that claims to combine the fastest newsfeed with expert trade analysis and setups.

As you can already tell, they’re already trying to pull a somewhat “get-rich-quick” scheme here. But you should understand that such a claim is ridiculous.

Absolutely none of these stock trading alerts can guarantee you profits from trading. Even a 90% win rate is already difficult to achieve, due to the sheer volatility of the market (especially during these times).

It’s already a known fact that trading alerts don’t reallywork as advertised. This also goes the same for the other alert services that I’ve reviewed before, like the Weekly Blitz Alert and the Oxford Club,

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The People Behind Benzinga Options

Michal Murray and Nic Chahine are the persons behind Benzinga Options.

Michael Murray occupies the position of Director of Digital Marketing for Benzinga, meaning he’s responsible for the promotion of the company. But aside from that, not much information about him is made public.

Benzinga Options - Michael Murray
Michael Murray

Nicolas “Nic” Chahine, on the other hand, is what you can consider the “options specialist” of Benzinga. He’s the main options analyst that’s responsible for all the signals on Benzinga Options. He’s also the main instructor for their Benzinga Options School.

Benzinga Options - Nic Chahine
Nic Chahine

According to his About page, Nich first climbed the ranks of the corporate finance world before he started trading. Then in 2000, he branched out with an internet venture as CFO/COO.

That venture paid off well enough to allow him to build some funds enough to start and pursue his passion: Stock Market Trading. And since then, he’s been honing his skills to the point that he claims that he can have a 90% success rate on credit spreads.

Nic is also a pretty active contributor to, having written several articles about various stock market topics on the website.

How Does Benzinga Options Work?

Michael Murray states that a single news headline is already enough to make substantial changes in the stock market at any given time. And these price changes are significant enough to take notice, that they can go in as much as 10%, or even higher.

This means that having access to the latest breaking news and actionable alerts before the market moves is the key to nailing more profitable trades faster. And this is what the Benzinga Options platform can provide.

They claim to be the fastest trading-focused newsfeed in the market which can pinpoint major stock price changes before they happen. And that it’s powered by experts who have spent the last 11 years building the Benzinga Pro platform to what it is now.

As with other stock trading alert services, Benzinga Options works by constantly monitoring the stock market for even the slightest movements. Then, when it finds a movement of interest, based on several data, it then sends some trade recommendations to its users, either through phone, email, or others.

Benzinga Options usually sends their suggested options recommendations at least twice a month, based on Nich Chahine’s own analysis. But there could be times in which they would send special recommendations that require you to take action immediately, or else miss out on profit potential.

It also sends some marketing analysis and insights coming from Nic Chahine himself. Putting it simply, it’s like Nic himself is telling you all his movements and trades, whether it’s buying or selling, and the reasoning for it, so you can decide for yourself if you’re going to follow suit, or not.

How Much Does Benzinga Options Cost?

Normally, joining Benzinga Options will cost you a yearly fee of $194. But through an “exclusive” offer, you can get a coupon that gives you a 50% discount on the offer, bringing it down to a price of $97 per year.

It’s also stated that upon checking out, you’ll also be bombarded with several upsells which can make the program cost a lot more than the initial payment. Personally, I don’t think anyone of them isn’t worth the cost.

To be fair, however, Benzinga Options also comes with a 14-day money-back guarantee, which is noticeably shorter compared to others. Still, there could be some untold conditions you have to meet in order to be eligible for this.

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Pros & Cons Of Benzinga Options


  • If you need some expert advice on the right timing for doing a particular trade, whether it’s buying or selling an option, this could be a great tool.
  • It also comes with training about stock options trading. So if you don’t know how to do it, but are interested in learning, this is a good investment for you.
  • It’s a culmination of the knowledge of Nic Chahine, along with other experts, about options trading, which has been honed through the years.
  • It’s very easy to use, such as anyone even without minimal experience in stock trading can take advantage of the system.
  • It’s a bit cheaper compared to other trading alert services


  • It’s overpromising the results they claim to give. They say that you can get a 90% win rate in stock trading with this system, but it’s unlikely that you’ll even reach that rate. At best, I’d say that, even with experience, you can get around a 60% profit rate in stock trading, with or without using a trading alert like this.
  • Relying on these stock alert systems for your trading decisions isn’t really a good idea for beginners. Since most of them won’t probably have any idea if the stock they invested in will give them value in the long run.
  • You’ll be constantly bugged with upsells once you’re in the program, making it even more expensive.
  • Stock trading and options trading, in general, is a highly unreliable method to making money online.

Benzinga Options Review: Final Thoughts & Verdict

Let me close off this Benzinga Options review by saying my closing thoughts about this system.

To be fairly honest, I don’t really recommend spending any amount on Benzinga Options. Simply because, you don’t really need it.

Even if you prefer doing options trading, this is something that you don’t need. Because not any amount of trading alerts can really help you in making a profit from stock trading.

If you want to learn stock trading or options trading, there are plenty of free resources that offer the same, if not even better, level of education than most of these training programs. Sometimes, even a quick search on the internet can point you to what you need.

Even so, it’s still not advisable to rely on stock trading as one of your “chief” side hustles.

My suggestion is to just learn a bit about the stock market and start out small, to build your experience. Don’t rely on stock trading too much to make money, but rather just invest in a few, and if possible, hold it for a long time (until the situation calls for it to be sold).

If you want my advice, there’s still a better way to make money online out there. And most of the time, it only involves little monetary capital, and some knowledge.

If you want to find out more about it, keep on reading beyond this Benzinga Options review.

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