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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 Produced A 38.2% ROI In January 2014 0 comments
    Feb 3, 2014 12:15 AM

    Please find below the January 2014 update from SteadyOptions.


    SteadyOptions produced a 38.2% ROI in January 2014. We closed 21 trades, 14 winners and 7 losers. 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. Please refer to Performance Dissected topic for more details.

    Exploring the winners and the losers

    To say that January was a good month would be a major understatement. Pre-earnings calendars continued to perform very well, and we booked few very nice winners, including GOOG, AMZN, CMG, V, FFIV and NFLX. Pre-earnings straddles also provided solid gains, including YUM, QCOM, MA, SBUX and INTC.

    Please note that 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.

    Anchor Trades

    Anchor Trades produced a 3.6% loss in January in the stock model and 0.0% return in the ETF model. Over the last twelve months the stocks selected have REALLY underperformed. The 2012 blowout results simply aren't worth the correlation issues that show up. The ETF model returned 25.6% since inception in April 2012, compared to 26.5% S&P return. Chris posted an excellent post explaining the Anchor Trades performance, we highly recommend reading it. We will continue tracking both the ETF model and the stock model.

    Steady Condors

    January portfolio was closed for 1.3% gain (return on the whole portfolio including commissions). February portfolio is currently only slightly down, despite a big down move. March portfolio is on its way. Please read more about the strategy here.

    Limited new membership

    SteadyOptions is now open to new members for a limited time. New members, please make sure to read the Read This First forum, including all the links.


    The Autotrading announcement is coming soon. Stay tuned.

    Thank you for your continuing support,

    Kim Klaiman

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