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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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  • SteadyOptions Continues To Outperform 1 comment
    Sep 4, 2013 6:34 PM

    Please find below the August 2013 update from SteadyOptions.

    1. Performance

    SteadyOptions produced 16.3% ROI in August 2013. We closed 14 trades, 10 winners and 4 losers. The YTD non-compounded ROI is currently 109.9%. 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. Commissions reduce the monthly returns by approximately 2-3% per month, depending on the broker. Since we keep about 40% of the portfolio in cash, the return on the overall portfolio is lower, depending on your allocation. Please refer to Performance Dissected post for more details.

    2. Exploring the winners and the losers

    The earnings calendars were once again the big winners this month. We closed LNKD calendar for 40.4% gain, PCLN for 42.7% and JOY for 24.0%. The earnings straddles produced decent results, with only 3 losers, all of them in the 7-9% range. GS calendar was stopped out for 29.7% loss, the stock just moved too fast.

    3. Limited new membership
    The membership is now open to new members for a limited time.

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  • Todd Renfro
    , contributor
    Comments (994) | Send Message


    Congratulations! Your returns are fantastic!


    7 Sep 2013, 03:02 PM Reply Like
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