Seeking Alpha

SteadyOptions'  Instablog

SteadyOptions
Send Message
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 SteadyOptions.com forum. SteadyOptions... More
My blog:
Steady Options
View SteadyOptions' Instablogs on:
  • 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.

    Tags: GOOG, NFLX, SPY, LNKD, FB, AMZN, MSFT
    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

    Tags: GOOG, NFLX, LNKD, TSLA
    Feb 12 2:33 PM | Link | Comment!
  • Name Of The Game: Steady, Consistent, Transparent

    Numbers don't lie. Take a look how the major indexes performed in January, and compare it to SteadyOptions performance:

    S&P 500: -3.1%
    Dow Jones: -3.7%
    Russell 2000: -3.3%
    SteadyOptions: +20.7% ROI

    After booking 146% ROI in 2014, we closed 8 trades in January, producing an incredible 88% winning ratio and 16% average return per trade.

    Our success continues in February. Here is the list of ALL trades we closed so far in 2015:

    • LNKD calendar: +30.0%
    • EXPE straddle: +0.7%
    • GMCR calendar: +6.8%
    • VIX calendar: +10.0%
    • RL straddle: +13.8%
    • GOOG calendar: +33.3%
    • FB calendar: +15.0%
    • BABA calendar: +26.3%
    • MSFT straddle: -2.0%
    • SPY/TLT combo: +15.0%
    • NFLX calendar: +10.2%
    • RUT Iron Condor: +19.3%
    • INTC straddle: +6.8%

    13 trades. 12 winners. Overall 2015 YTD ROI: 30.9%, or 18.5% return on the whole account (based on 10% allocation per trade). That means that if you allocated 10% of your portfolio to each trade, your account would be up 18.5% just in the last 5 weeks.

    I know this sounds too good to be true. I know that people are tired of investment services that manipulate their numbers (you can find some examples here). However, those numbers are real. They are based on actual trades. All trades come with screenshots of broker fills. Each and every trade is archived on the forum and can be verified.

    In fact, many of our members did even better than the official performance. Some members books 50% gain in SNDK, 30%+ gain in INTC, 30%+ gain on YELP, 25%+ gain on AMZN, 15%+ gain on YUM etc, in addition to our official picks.

    At SteadyOptions, full transparency is the name of the game. No "hypothetical performance reporting", "profit potential" or other tricks. We execute all trades in our personal accounts. ALL trades are listed on the performance page. We won't ask you to email us to get the track record. We won't ask you to sign up first to get the track record from the members area. Can other newsletters show the same level of transparency?

    Finally, we would like to share with you the latest testimonial from one of our members:

    "I would definitely recommend SteadyOptions for the trader who is tired of the "double your money in a month" type of philosophy and just wants to steadily and confidently increase his account by credible and attainable figures. Kim is a great trader while also being a patient and thoughtful teacher and his forum is an invaluable source of wisdom for the serious trader that wants to learn to fish his own fish. It is refreshing to learn from a real trader, with real numbers, trading his own money as opposed to the other "traders" that "teach" for a living."

    It is not a coincidence that SteadyOptions is a top ranked newsletter on Investimonials. You can read all our reviews here.

    Why not to try us free for 10 days? You have nothing to lose - cancel before the end of the free trial and you are not billed.

    Start Your Free Trial

    Tags: GOOG, NFLX, SPY, TLT, BABA, FB, MSFT, INTC, LNKD
    Feb 07 12:21 AM | Link | Comment!
Full index of posts »
Latest Followers

StockTalks

  • Steady Condors delivered 31.6% return in first half of 2015 - http://bit.ly/1EBuZTG $SPX $RUT
    about 13 hours ago
  • Just closed $VIX put credit spread for 39% gain, in one day of holding. This is the power of options.
    2 days ago
  • Outperformance continues in January with 20% ROI. Winners included $NFLX $INTC $BABA $GOOG $FB $SPY $RUT http://bit.ly/1z7jJLP
    Feb 2, 2015
More »

Latest Comments


Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.