Ultimate Options Trading Experience

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Why Members Join

Top mentions from Investimonials reviews:

  • Full trading plan
  • Backtested strategies
  • Risk-managed
  • Portfolio-sized
  • Honest and transparent
  • Quick response to questions
  • Hands-on learning
  • Helpful community
See results
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What is SteadyOptions?

SteadyOptions is an options trading advisory that uses diversified option trading strategies to produce positive returns under all market conditions.

We aim for steady and consistent gains with a high winning ratio and limited risk, and we like our members to have realistic expectations.

We teach Risk Management and Position Sizing.

We provide a full trading plan and teach members how to treat options trading like a business and make money in any market.

Learn more
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We Are

  • High-quality education
  • Risk managers
  • Implied volatility
  • Actionable trade ideas
  • Steady gains & low risk
  • Real fills

We Aren't

  • Gurus promising millions
  • Auto-pilot trading system
  • Your financial analyst or advisor
  • A get-rich-quick scheme
  • Hypothetical performance
Try it free

highest rated options newsletter on investimonials

  • Avg. Rating
  • Views
  • Reviews
  • 130
Rating Avg
  • " The owner, Kim Klaiman, must be one of the most knowledgeable people in the field, yet he manages to remain humble. His personal integrity is obvious and plays a big part in the value of this service, at least from my point of view."

    - Saud
  • " Over the last 12 months, my understanding of option greeks, intrinsic/extrinsic value, option volatility and other technical terms have increased tremendously, thanks to SO and Kim (owner). Every trade is discussed, and documented."

    - Maxtodorov
  • " I have learned far more from SO than anywhere else for event-driven trades like pre-earning straddles/strangles. The educational value of SO far outweighs the price of admission. There are many smart people that make up the community."

    - Mikescool
  • " I've been with SO since the beginning. It's responsible for my success in trading. It really was a life changing decision to join. Without this forum, I would never have learned what I've learned and I give it credit in the trader I've become."

    - Fieldydwb
  • " One of the things that distinguishes Mr. Klaiman's service from others is that each of his trades are real not hypothetical. Thus his successful trading becomes your successful trading since there is no reason you can't match his trades."

    - RobertB
  • " A great site provides good trades plus educational and interactive ways to learn how to trade strategies successfully. It's the whole "teach a man to fish" thing. Most sites do just enough to pump out few trades and keep members."

    - JasonV
  • " SteadyOptions will guide you in the right direction! Once you've mastered the concept, you can look over the shoulder of Kim and trade with him. I have tried other newsletters that give you 1-5 trades a month, but really no support."

    - Xpresstalk
  • " The trading methods are clear, complete, and well-explained for all skill levels. Upcoming trades are discussed and dissected, and optimal entries and exits are determined. Executed trades are monitored and analyzed through to closing."

    - Joseph_Kusnick

Three Unique Options Strategies

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SteadyOptions

Non-directional market neutral strategies for active traders with portfolios $10,000-$100,000.

10-15 trade ideas per month. 4-6 open trades.

Targets 5-7% monthly net return on the whole account.

Steady options strategy
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Anchor Trades

Portfolio of ETFs hedged with options tailored for long term investors with portfolios $50,000+.

4-5 trades per month, 3-5 ETFs and 2 option positions.

Targets positive returns in all market conditions.

Anchor trades strategy
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Steady Condors

Hedged income trades managed by Greeks for mid to long-term investors with portfolios $20,000+.

2-4 trades per month, 2-6 open trades + hedges.

Targets 2-3% monthly net return on the whole account.

steady condors strategy

Recent Articles

Articles

  • Is Timeframe Your Biggest Mistake?

    Few days ago I came across an excellent article by Dan from http://www.thetatrend.com. The article is called Awareness and Taking Losses and discusses some of the aspects of trading psychology, especially how traders react to their losses. I respect Dan very much and I found out that we share a lot in terms of trading philosophy.

     

    I would like to share some of the thoughts expressed in the article and add my own perspective.

    By SteadyOptions,

    • 2 comments
    • 384 views
  • Are You Following "Tharp Think" Rules?

    Thirty years ago, legendary trading coach Dr. Van K. Tharp sat down with two top traders Ed Seykota and Tom Bassoand and discussed the importance of psychology in trading. They decided that the factors of trading could be broken down as:

    • 10% Trading System
    • 30% Money Management
    • 60% Psychology


    Many years later, Tharp admitted that they were wrong. Now he thinks that Psychology accounts for 100% in trading success.

     


    We can argue about the exact percentage, but there is no doubt that Psychology plays HUGE role in trading success.

    By SteadyOptions,

    • 0 comments
    • 748 views
  • Lessons From Q1 2016 Earnings Season

    In our continuous effort to expand our strategies, few weeks ago I presented a new exciting strategy to SteadyOptions members. The strategy is buying a Reverse Iron Condor (RIC) before earnings on stock with history of big post-earnings moves. RIC benefits from a big post-earnings move, but requires less movement than a straddle or strangle.

     

    The assumption is that with careful stock selection, this strategy has a very high probability of success. I performed extensive backtesting on number of stocks, and the results were very promising. Stocks like AMZN and LNKD showed average gains of 30-35%. However, I also mentioned that this strategy has higher risk than other strategies that we use since earnings are unpredictable. High Probability High Risk is the right definition of this strategy.

    By SteadyOptions,

    • 1 comment
    • 1,188 views
  • SteadyOptions 2015 - Year In Review

    Happy New Year everyone! Wishing you and your families a lot of health, prosperity and happiness in 2016.

     

    2015 marks our fourth year as a public service. We had a fantastic year. We closed 129 trades in 2015 which produced 195.6% ROI (117.3% gain on the whole account based on 10% allocation). The ROI is based on fixed $1,000 allocation per trade (non-compounded) and 6 trades open. The winning ratio was pretty consistent around 75%. We had only one losing month in 2015. Check out the Performance page to see the full results. Please note that those results are based on real fills, not hypothetical performance.

    By SteadyOptions,

    • 2 comments
    • 1,517 views
  • My 2015 Personal Account Return: 80.2%

    Many people say that it's too good to be true after looking at our performance page. In fact, if you had a nickel for every time you heard some investing “guru” cherry-pick advice to look good, you wouldn’t need to invest anything because you would have a fortune.

     

    SteadyOptions provides great options trading education, but is also striving to be one of the industry leaders in terms of honesty and transparency. Our performance reporting is on the whole account and based on real fills. We put our money where our mouth is. Our members already know that we execute all trades that we share with members in our personal accounts. You can read here what our members think about us.

     

    But today I'm going to take one more step toward complete transparency. I'm going to provide an additional reference to the current and prospective members and share with you my personal account performance. I'm going to show you the summary of my actual 2015 account statement, directly from my broker.

    By SteadyOptions,

    • 6 comments
    • 5,647 views
  • Steady Condors 2015 Report: 46.7% Return

    This week we closed our December trades with gains of 6.7% on margin, and 5.1% return on 20k unit. This makes the 2105 year non-compounded return 46.7% on a whole account (including commissions). If we reported returns like most other services do (Compounded ROI before commissions), we would report 80.8% gain.

     

    As you noticed, we closed our December trades two weeks before expiration, to reduce the negative gamma risk. We recommend reading the Why You Should Not Ignore Negative Gamma article to understand the gamma risk.

    By SteadyOptions,

    • 0 comments
    • 1,340 views
  • Options Trading Greeks: Gamma For Speed

    Gamma measures the rate of change for delta with respect to the underlying asset's price. The gamma of an option is expressed as a percentage and reflects the change in the delta in response to a one point movement of the underlying stock price.

     

    Like the delta, the gamma is constantly changing, even with tiny movements of the underlying stock price. It generally is at its peak value when the stock price is near the strike of the option and decreases as the option goes deeper into or out of the money. Options that are very deeply into or out of the money have gamma values close to 0.

    By SteadyOptions,

    • 0 comments
    • 1,363 views
  • Options Trading Greeks: Delta For Direction

    The option's delta is the rate of change of the price of the option with respect to its underlying price. The delta of an option ranges in value from 0 to 1 for calls (0 to -1 for puts) and reflects the increase or decrease in the price of the option in response to a 1 point movement of the underlying asset price.

     

    Far Out-of-The-Money options have delta values close to 0 while Deep-In-The-Money options have deltas that are close to 1.

    By SteadyOptions,

    • 0 comments
    • 1,378 views
  • Options Trading Greeks: Vega For Volatility

    Investopedia defines vega as:

     

    The measurement of an option's sensitivity to changes in the volatility of the underlying asset. Vega represents the amount that an option contract's price changes in reaction to a 1% change in the volatility of the underlying asset. Volatility measures the amount and speed at which price moves up and down, and is often based on changes in recent, historical prices in a trading instrument. Vega changes when there are large price movements (increased volatility) in the underlying asset, and falls as the option approaches expiration. Vega is one of a group of Greeks used in options analysis, and is the only one not represented by a Greek letter.

    By SteadyOptions,

    • 0 comments
    • 1,327 views
  • Options Trading Greeks: Theta For Time Decay

    The options theta is a measurement of the option's time decay. The theta measures the rate at which options lose their value, specifically the time value, as the expiration date gets closer. Generally expressed as a negative number, the theta of an option reflects the amount by which the option's value will decrease every day. In other words, an option premium that is not intrinsic value will decline at an increasing rate as expiration nears.

    By SteadyOptions,

    • 0 comments
    • 1,212 views