The global economic crisis caused by the pandemic has had sweeping and concrete effects on almost everyone, with little regard for their social and financial statuses. The severity of such effects ranges from reductions in salaries and business revenues as the economy slows down to lay-offs and the shuttering of several businesses. This, combined with the fact that many have found themselves with significantly more free time spent at home due to quarantine measures, has resulted in a boom in popularity for various online sources of alternative income.
Among these sources, trading has become one of the most popular due to its versatility and accessibility, owing to the large variety of markets available and the number of new technologies and innovations that have made trading as easy as a simple tap on the phone. In terms of versatility, there seems to be an existing market and trading style that can cater to anyone based on their risk appetites, schedules, needs, and preferences.
Despite this large number of available markets, the sudden influx of traders has caused competition to become increasingly steep. Compounding such difficulties is the fact that the global pandemic has naturally caused unprecedented volatility in financial markets. Such problems have caused the popularity of financial tutorial and consultancy services to rise accordingly. However, this relatively new industry constantly faces problems of quality and integrity, with many online firms promising unrealistic profits and ‘effortless’ success to capitalize on the naiveté of neophyte traders.
With this in mind, highly successful stock trader and former Fortune 500 employee Jason Lee founded OptionsSwing Inc. to combat some of the lies and misinformation in an honest and approachable manner as well as teach various trading essentials and strategies to aspiring traders of different experience levels. OptionsSwing’s membership subscription service, as evidenced by its name, specializes in teaching swing and options trading through its three main products: monthly membership, yearly membership, and a comprehensive video course, all of which include access to the OptionsSwing community of over 2,000 members.
OptionsSwing distinguishes itself from the multitudes of consultancies that have sprung up amidst the pandemic through a direct and honest approach it states best through the motto, “Education first, profit second.” Unlike similar companies, OptionsSwing refrains from promising unrealistic success rates and returns, focusing instead on teaching as much as they can to produce disciplined traders who are able to confidently take charge of their own financial independence.
To this end, OptionsSwing goes above and beyond its main products to provide additional services to its existing clients. Aside from dedicated mods who personally teach students about various trading strategies, the company is at the cutting edge of financial education technology with many different learning resources, automations, and bots, which customers can take advantage of to learn trading at their own pace. Understanding that the industry relies on a strong community, OptionsSwing also ensures that communication is quick and easy between mods and members, with channels like a premium private Discord server open to all members, ensuring that everyone can ask, analyze, learn, and trade together in an environment that is safe and conducive to growth.
The company’s CEO and founder Jason Lee cites their establishment of a strong digital subscription-based system amidst the COVID-19 pandemic as one of the primary drivers to their rapid growth. With their heavy investments in establishing solid foundations through their team and technology paying off in dividends over the long term, the company has grown exponentially since its establishment in August of 2019. Today, the company has begun to grow at a breakneck pace, with the company recently growing its Instagram account to over 160,000 followers and its annual revenues to over $1 million. Jason credits the company’s strong and close-knit team of 15 as the key to maintaining and even amplifying this growth through the foreseeable future.