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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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  • Steady Options 2014 - Year In Review

    Happy New Year everyone! Wishing you and your families a lot of health, prosperity and happiness in 2015.

    2014 marks our third year as a public service. We had an fantastic year. We closed 150 trades in 2014 which produced 146.6% ROI, based on fixed $1,000 allocation per trade (non-compounded) and 6 trades open. The winning ratio was pretty consistent around 63%. We had only one losing month 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.

    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.

    August was our only losing month in 2014. Our biggest loser was 50%, and only nine trades have lost more than 20%.

    Our strategies

    SteadyOptions uses a mix of non-directional strategies: earnings plays, Iron Condors, Calendar spreads etc. The pre-earnings strategy is based on my Seeking Alpha articles 'Exploiting Earnings Associated Rising Volatility' and 'How To Rent Your Options For Free'. This strategy aims for consistent and steady gains with holding period of 2-7 days.

    SO model portfolio is not designed for speculative trades although we might do some in the speculative forum. SO is not a get-rich-quick-without-efforts kind of newsletter. I'm a big fan of the "slow and steady" approach. I aim for many singles instead of few homeruns. My first goal is capital preservation instead of doubling your account. Think about the risk first. If you take care of the risk, the profits will come.

    We continue expanding the scope of our trades beyond the earnings trades, Iron Condors and calendars. We are trading SPY, GLD, TLT, VIX and other ETFs to diversify the portfolio. We also started trading weekly trades to boost the returns. We will continue refining those strategies to get even better results. This gives members a lot of choice and flexibility.

    Looking at specific strategies, pre-earnings calendars were big winners in 2014, producing 17% average return with over 80% winning ratio. We will continue trading what works the best and adapt to the market conditions.

    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.

    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.

    Other services

    In addition to SteadyOptions, we offer the following services:

    The LCD is our most diversified and scalable portfolio, I highly recommend that members check it out. It is offered as an added bonus of all subscription plans. We also offer Managed Accounts for Anchor Trades and LCD.

    Let me finish with my favorite quote from Michael Covel:

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

    Subscription is now open to new members 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!

    Start Your Free Trial

    Jan 04 3:33 PM | Link | 2 Comments
  • 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!
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