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Kim Klaiman is a full time options trader and founder of 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.... More
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  • Mastering The Non Directional Options Trading

    Hello Everyone,

    Many of my followers are familiar with my options articles on Seeking Alpha. I started to contribute for Seeking Alpha in November 2011 and wrote 112 articles, quickly becoming #1 ranked options contributor.

    Unfortunately, at the end of 2012 SA decided to discontinue the options category, and this is the reason why I stopped contributing.

    I'm very grateful to SA for the opportunity to publish my ideas. After all, it was the feedback from my SA readers that caused me to launch SteadyOptions trading service, which quickly became one of the most successful services on the web. SteadyOptions is currently ranked #1 service on Investimonials -

    I believe now it's time to give something back to my SA readers.

    I'm creating this instablog for you. You are welcome to ask ANY questions related to options trading, and I will try to respond in a timely matter. I will also post some sample trades and post periodical updates of our performance. To be fair to my paying members, I will post the trades after the market close and not in real time.

    For those who are not familiar with my articles - here is a selection of some of them:

    Exploiting Earnings Associated Rising Volatility

    How To Rent Your Options For Free

    Why I Dislike Holding Strangles Through Earnings

    Lessons From Earnings Plays

    Could This Strategy Be The Holy Grail Of Investing

    Profiting From The Fight Of The Greeks

    Myths And Misconceptions Of Options Trading

    How To Profit From Sideways Markets

    Is It Better To Pay Or To Get Paid?

    My style is non-directional trading. I'm aiming for many singles, not few homeruns. My main goal is to limit losses, not to maximize gains. Having many 10-20% winners with short holding period will bring your portfolio very far.

    I never claimed and never will that my trading system is any better or worse that other strategies. But this is what works for me, and works for hundreds of our members. It will not work for everyone. No strategy will work all the time.

    But if you are tired to try guessing market direction and tired from being afraid from market crashes, you might consider trying it. After all, very few people can reliably provide stock market timing guidance. Most are just guessing. In fact, the average accuracy of the investment gurus is worse than a coin toss!!! Read more here.

    Thank you.

    Kim Klaiman

    Founder and Editor

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    Aug 08 10:30 AM | Link | Comment!
  • SteadyOptions 2015 Half Year Report: 121.5% ROI

    While most major indexes continue to straggle, SteadyOptions continues to deliver strong gains. SteadyOptions flagship service produced 121.5% ROI in First Half 2015, based on fixed $1,000 allocation per trade (non-compounded) and 6 trades open. This translated to 72.9% return on the whole account, based on 10% allocation per trade. The winning ratio was a remarkable 82%. Check out thePerformance page to see the full results. Please note that those results are based on real fills, not hypothetical performance.

    Performance dissected

    It is important to mention that those numbers are pre-commissions, so your actual results will be lower. As with every trading system which uses multi leg trades, commissions will have a significant impact on performance, so it is very important to use a cheap broker. We have extensive discussions about brokers and commissions on the Forum (like this one) and help members to select the best broker. Commissions reduce the monthly returns by approximately 2-3% per month, depending on the broker. Please refer to Performance Dissected topic for more details.

    According to, our Average Annual Return since inception is a remarkable 124.6%, including commissions. Current Year Annualized Rate of Return is 284.9%.

    What makes SO different?

    First, we use a total portfolio approach for performance reporting. This approach reflects the growth of the entire account, not just what was at risk. We balance the portfolio in terms of options Greeks. SteadyOptions provides a complete portfolio solution. We trade a variety of non-directional strategies balancing each other. You can allocate 60-70% of your options account to our strategies and still sleep well at night.

    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 put our money where our mouth is.

    Our performance reporting is completely transparent. All trades are listed on the performance page, with the exact entry/exit dates and P/L percentage.

    It is not a coincidence that SteadyOptions is ranked #1 out of 704 Newsletters on Investimonials, a financial product review site. Read all our reviews here. The reviewers especially mention our honesty and transparency.

    Other services

    In addition to SteadyOptions, we offer the following services:

    The LCD is our most diversified, comprehensive and scalable portfolio. I highly recommend that members check it out. It is offered as an added bonus of all subscription plans. You can also read a comprehensive overview of the strategy here.

    We also offer Managed Accounts for Anchor Trades and LCD.

    Subscription is open now for a limited time. We invite you to join one of the most successful options newsletters.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.

    Happy Trading from SO!

    Related articles:

    SteadyOptions 2014 - Year In Review
    Steady Condors: The Comeback
    SteadyOptions 2014 Half Year Report: 95.3% ROI
    Steady Options 2013 - Year In Review
    How to Calculate ROI in Options Trading

    Start Your Free Trial

    Tags: GOOG, NFLX, TSLA
    Jul 19 10:35 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!
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