First, the 50% referral commission isn't "passive income". You're going to have to constantly hustle to find new subscribers as your existing subscribers cancel their income. It also feels somewhat predatory in a pyramid-schemey way, in that you end up juicing your social network for some quick cash. I get that people throw around the "passive income" buzzword a lot, so you might just be trying to draft off that, but this is a _stretch_.
Second, if OP could reliably determine if the market is going to do well or poorly over the weekend, they could just buy a bunch of near-expiry options every Friday, and then retire with a hideous amount of wealth in, like, a year. If they could do this for, like, a bigger time horizon? With very little creativity OP could become incredibly rich, no need to sell $20 newsletter subscriptions.
Finally, reading through the site, it just _reads_ like a grift. Poor grammar aside, it just seems like it's full of a bunch of empty assurances, scary stories about market crashes, and generic cliches.
Honestly, the biggest indication this isn't a grift and is instead just really naive is the fact that it's a terrible model for a grift - subscribers will figure out that the suggestions aren't valuable and cancel their subscription before shelling out much money.
This stuff rubs me the wrong way. People (I would call them victims) will take this advice and screw stuff up - potentially missing big upswings only to buy in before a downswing - and OP won't share any of their pain.