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Kim Klaiman is a full time options trader and founder of SteadyOptions. He trades mostly non-directional strategies, like pre-earnings strangles and iron condors. Likes to trade strategies with negative correlation. He lives in Toronto, Canada. Visit the forum. SteadyOptions... More
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  • SteadyOptions Will Close To New Members On June 10, 2015

    SteadyOptions will be closed to new subscribers on June 10. This step is done in order to ensure the best service to our existing members.

    Our phenomenal success so far this year has resulted in a significant increase in demand for the service, and as such we will close the service to new members on June 10, 2015. Over the past three years we have provided the highest level of service and performance, averaging 118.9% annualized return since inception, according to Pro-Trading-Profits.

    Unlike many other services, our performance is based on real fills. We put our money where our mouth is. We execute all trades that we share with members in our personal accounts. Those are live accounts trading real money. If you lose, we lose too. When you profit, we profit too.

    Our members know that we are committed to provide superior personal service. We personally respond to each email and each forum post. At certain number of members, we will not be able to do it. Also, as our client base grows, we feel that we are fast approaching a point where some of the options we trade do not offer enough liquidity for more subscribers to successfully enter the trades.

    We would like to continue to maintain this level of customer service and make sure there is enough liquidity for our existing clients. To ensure this happens we have decided to close our service to new subscribers.

    We are not familiar with many services that are ready to sacrifice potential growth in their revenues by limiting the number of members. Most services will take as many members as they can, no matter what. Good luck to get a timely response (or response at all) from those service providers. But you already know that SteadyOptions is nothing like other services.

    If you want to be part of our winning team, we invite you to join us. After the service closes, we will maintain a waiting list and offer spots as they become available.

    Get on board before you miss out!

    Start Your Free Trial

    Kim Klaiman

    Founder and Editor

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    May 30 10:24 AM | Link | Comment!
  • SteadyOptions Continues To Provide Outstanding Returns

    Lats few weeks have been outstanding for SteadyOptions members.

    We closed CMG and AMZN trades for 20% gain, GOOG for 37% gain, MSFT for 13% gain, NFLX for 30% gain, among others. We also booked 22% gain in VIX calendar, 13% in RUT calendar and 17% in SPY/TLT combo. We closed 15 trades in April, 13 winners and only 2 losers, for an overall ROI of 30.0%! Our ROI in 2015 is an amazing 77.4%, in just 4 months.

    You can see the full track record here.

    The earnings season is not over yet. We still have BABA, TSLA, PCLN, CSCO, NKE, FDX among others. We also trade SPY, VIX and RUT on regular basis.

    We invite you to join the most succesful options trading service.

    May 01 7:04 PM | Link | Comment!
  • $TSLA, $LNKD, $NFLX, $GOOG: Thank You, See You Next Cycle

    Our long term followers know that buying premium into earnings is one of our favorite strategies. I wrote about the strategy in my Seeking Alpha article Exploiting Earnings Associated Rising Volatility. IV (Implied Volatility) usually increases sharply a few days before earnings, and the increase should compensate for the negative theta. We have been using this strategy in our SteadyOptions model portfolio with great success.

    However, not all stocks are suitable for that strategy. Some stocks experience consistent pattern of losses when buying premium before earnings. For those stocks we are using some alternative strategies like calendars.

    In one of my previous articles I described a study done by tastytrade, claiming that buying premium before earnings does not work. Let's leave aside the fact that the study was severely flawed and skewed by buying "future ATM straddle" which simply doesn't make sense (see the article for full details). Today I want to talk about the stocks they used in the study: TSLA, LNKD, NFLX, AAPL, GOOG.

    Those stocks are among the worst candidates for a straddle. In fact, they are so bad that they became our best candidates for a calendar strategy (which is basically the opposite of a straddle strategy). Here are our results from trading those stocks in the recent cycles:

    • TSLA: +28%, +31%, +37%, +26%, +26%, +23%
    • LNKD: +30%, +5%, +40%, +33%
    • NFLX: +10%, +20%, +30%, +16%, +30%, +32%, +18%
    • GOOG: +33%, +33%, +50%, -7%, +26%

    You read this right: 21 winners, only one small loser.

    This cycle was no exception: all four trades were winners, with average gain of 25.2%.

    I'm not sure if tastytrade used those stocks on purpose to reach the conclusion they wanted to reach, but the fact remains. To do a reliable study, it is not enough to take a random list of stocks and reach a conclusion that a strategy doesn't work.

    At SteadyOptions we spend hundreds of hours of backtesting to find the best parameters for our trades:

    • Which strategy is suitable for which stocks?
    • When is the optimal time to enter?
    • How to manage the position?
    • When to take profits?

    The results speak for themselves. We booked 147% ROI in 2014 and 32% ROI so far in 2015. All results are based on real trades, not some kind of hypothetical or backtested random study.

    If you want to learn more how to use our profitable strategies and increase your odds:

    Start Your Free Trial

    Feb 12 2:33 PM | Link | Comment!
Full index of posts »
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  • FREE ebook with 6 strategies to #trade small #accounts, including our successful earnings straddle strategy -
    Jun 15, 2015
  • I wrote the chapter about one of our favorite strategies - trading earnings straddles Click to download
    Jun 12, 2015
  • Only 3 hours left to sign up for SteadyOptions before it closes to new members.
    Jun 10, 2015
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