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Schaeffer's Option Advisor vs Cabot Options Trader (2026)

In short: Cabot Options Trader Essentials lists $497/yr; Schaeffer's Option Advisor lists $149/mo, $395/qtr or $1,295/yr. Weekly vs monthly, compared from official pages.

Direct answer: Both are paid options newsletters with trade ideas. Cabot Options Trader Essentials is the cheaper one ($497/yr) and comes weekly. Schaeffer's Option Advisor costs more ($149/mo, $395/qtr or $1,295/yr) and comes monthly, with 10 new option trades an issue. We do not rank them on performance. Not investment advice.

Side-by-side (from official pages)

Option Advisor (Schaeffer's)Cabot Options Trader Essentials
Price$149/mo, $395/qtr or $1,295/yr$497/yr
Yearly (our math)$1,295$497
ScheduleMonthlyWeekly (Mondays) + trade alerts
What you getMarket commentary, 10 new option trades with charts, a strategy section, sentiment tools and an online courseTrade ideas using calls, puts and covered calls, with a weekly advisory and trade alerts
Higher tiersNot part of this listingCabot Options Trader and Options Trader Pro were shown as closed to new subscribers when we checked
Facts checked2026-10-222026-10-22

Who each one suits

Free options first

Try a free options letter before paying, such as The Contrarian Edge (a free weekly letter from Schaeffer's) or the Unusual Whales Newsletter. See all options newsletters, what options newsletters cost, Schaeffer's newsletters compared and Cabot newsletters compared.

Questions

Which is cheaper, Option Advisor or Cabot Options Trader?

Cabot Options Trader Essentials. Cabot's official page lists $497/yr. Schaeffer's store lists Option Advisor at $149/mo, $395/qtr or $1,295/yr. At the yearly rate that is $497 against $1,295.

How often do they publish?

Option Advisor is a monthly issue with 10 new option trades. Cabot Options Trader Essentials sends a weekly advisory (Weekly (Mondays) + trade alerts), per its official page.

Which one is better for beginners?

Cabot describes Options Trader Essentials as simple and beginner-friendly, using calls, puts and covered calls. Option Advisor adds an online 'Top Gun' trading course and a strategy section in each issue. We do not rank them on performance.

Options trading carries a high risk of loss. Not investment advice. Confirm prices on each official page before you subscribe.

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