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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 Be Closed To New Subscribers On December 10

    SteadyOptions will be closed to new subscribers on December 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 December 10, 2014. Over the past three years we have provided the highest level of service and performance, averaging 123.7% 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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    Dec 04 11:13 AM | Link | Comment!
  • Try SteadyOptions L1 Subscription For Only $1

    SteadyOptions offers now Level 1 subscription for just $1 for 3 months.

    This subscription will provide access to all members forums except for the real time trades and trade discussions dedicated to the specific strategies (SteadyOptions, Anchor Trades or Steady Condors).

    Level 1 members will have access to over 5,000 historical posts, discussing various strategies, trading philosophy, the Greeks etc. From time to time, there are some trade suggestions which are discussed among members. There is a special column from the options veteran Mark Wolfinger. A separate forum is dedicated to directional and speculative trades. You will also have access to our brand new Futures portfolio.

    After 3 months, members will have 3 options:

    1. To cancel.

    2. To continue the L1 membership at $49/Quarter.

    3. To upgrade to one of the full membership packages (SteadyOptions, Anchor Trades or Steady Condors).

    Click here to take advantage of this offer.

    Kim Klaiman

    Founder and Editor

    Like us on Facebook

    Follow us on Twitter

    Jul 19 11:00 AM | Link | Comment!
  • SteadyOptions 2014 Half Year Report: 95.3% ROI

    In the first 6 months of 2014, SteadyOptions produced non-compounded ROI of 95.3% (based on fixed $1,000 allocation per trade). The return on the whole account is 57.2% (based on 10% per trade allocation).

    We closed 84 trades. Winning ratio was 65% and average return per trade 7%. The biggest loser was 31.8% and only 5 traders have lost more than 20%. We had 6 consecutive winning months in 2014.

    Check out the Performance page to see the full results. Please note that those results are based on real fills, not hypothetical performance, and exclude commissions, so your actual results will be lower.

    Trading the current market

    There is no doubt that this is a difficult market to trade. Volatility is at multi year lows, and has been on steady decline in the last few months. The average hedge fund gained only 1.77% in the first half of 2014, according to Hedge Fund Research, lagging the major indexes by significant margin. The key to trade the current markets is to limit the losses, to trade less and to be more selective. Despite difficult market conditions, SO delivered very impressive performance in the first half of 2014, especially in the first quarter.

    What makes SO different?

    First, we use a portfolio approach, that may include a variety of non-directional strategies. We balance the portfolio in terms of options Greeks. The earnings trades are vega/gamma positive and theta negative. To balance them we might open calendars, Iron Condors or butterfly trades which are theta positive. We might use a mix of different expirations to balance the gamma.

    Second, our performance is based on real fills. Each trade alert comes with screenshot of my broker fills. Many services base their performance on the "maximum profit potential" which is very misleading. Nobody can sell at the top and do it consistently.

    We provide a full disclosure and list all our trades on the performance page. Unlike some other newsletter services, we will never omit a trade from our track record because some members couldn't open the trade or make the adjustments. This rule applies to all trades, good and bad - you will always get a full picture and will never have to guess how we calculate our numbers.

    We place a lot of emphasis on options education. There is a dedicated forum where every trade is discussed before the trade is placed. We discuss different strategies and potential trades. Unlike most other services that just send the trade alerts, our members understand the rationale behind the trades and not just blindly follow the alerts. SO actually helps members to become better traders.

    We invite you to join one of the most successful options trading services. When you join SteadyOptions, we will share with you all we know about options. We will never try to sell you any additional "proprietary systems", training, webinars etc. All our "secrets" are included in your monthly fee.

    Let me finish with my favorite quote from Michael Covel, which is especially relevant to the current market conditions:

    "Profits come in bunches. The trick when going sideways between home runs is not to lose too much in between."

    The earnings season is just around the corner. Now is an excellent time to join our service.

    Start Your Free Trial

    Jul 03 3:53 PM | Link | 19 Comments
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