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  • 03/26/15 GME calendar 10.6%

  • 03/25/15 LULU calendar 5.1%

  • 03/19/15 TIF calendar 14.8%

  • 03/19/15 NKE straddle 5.3%

  • 03/17/15 SPY/TLT combo 11.2%

  • 03/16/15 FDX straddle 16.6%

  • 03/13/15 RUT calendar 10.0%

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Pinned  SteadyOptions 2014 - Year In Review

Jan 04 2015 11:59 AM | Posted in General

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 a 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.

Read Article →    3 comments    ****-    performance

Fibonacci, Gann, Elliott

Mar 27 2015 05:37 PM | Posted in General

By Gery Nagy, optionsrules.com

Many people believe in the above methods, indicators. I am skeptical about the usability of them. I'll tell you why ...
Fibonacci, Gann, Elliott - all of them bring the laws of nature into the trading. These are formulas and laws that can be found in nature and form certain patterns.

Read Article →    0 comments    -----

OptionNET discounted offer

Jun 24 2014 09:00 AM | Posted in General

We are pleased to announce that we have reached an agreement with OptionNET (ONE) software provider to provide the ONE software to SteadyOptions members at discounted prices. SteadyOptions members can try the software for 30 days at 25 GBP ( around $43) which represents a 50% discount. After the 30 days trial, the prices are as following:

- 135 GBP for 3 months or
- 450 GBP for 12 months

Read Article →    0 comments    -----    optionnet

OptionSlam.com Discount for SteadyOptions Readers

Mar 21 2015 05:02 PM | Posted in General

Our members already know that we use the data from OptionSlam.com to research our earnings trades. OptionSlam.com has been a very valuable resource for us in the past few years.

We are pleased to announce that we have reached an agreement with OptionSlam to offer a 15% discount on annual INSIDER Memberships to SteadyOptions readers.

Read Article →    0 comments    -----    optionsslam

What Is The Best Options Strategy?

Mar 20 2015 02:16 PM | Posted in General

I'm often asked by novice options traders what is the best options strategy. I'm sorry to disappoint you, but there is no such thing "the best options strategy". Each strategy has its pros and cons. Each strategy will work the best under certain market conditions, and no strategy will work under all market conditions.

One of the first things you need to decide before placing your first trade is: do I want to bet on direction (bullish/bearish) or I want to be able to make money regardless of market direction? In the first case, you have the choice of the following major strategies:

Read Article →    2 comments    *****    options strategy, bullish and 2 more...

Karen SuperTrader: Myth Or Reality?

Mar 17 2015 01:26 PM | Posted in General

Karen the "SuperTrader" has generated a lot of curiosity in the trading community. She has been interviewed on TastyTrade twice. The title of the last interview was OPTION TRADER makes $105MM PROFIT in the NDX, SPX & RUT.

Is she real? Does she really generate all those outstanding profits? Some people think Karen is a fraud.

This article aims to clarify some facts about Karen SuperTrader and her trading results.

Read Article →    8 comments    *****    karen supertrader, strangles and 1 more...

Can Options Assignment Cause Margin Call?

Mar 14 2015 05:41 PM | Posted in General

By Christopher B. Welsh

I've had three emails in the past month on people being assigned on positions and receiving margin calls, and generally not knowing what happened. I advise everyone to completely research and become familiar with the exercise/assignment aspect of option trading. If you don't you can find your entire account blown out over a weekend.

Assignments occur in two basic varieties. First, on expiration Friday (or Thursday or Wednsday depending on the instrument your trading, but most commonly on Friday). If you have a position that is .01 in the money, or more, you WILL be assigned. For instance, if you have a 100 Call on stock XYZ that expires today, and XYZ closes (AFTER HOURS) at 100.01, you will find that you own, sometime Saturday, 100 shares of XYZ that you paid $100/share for.

Read Article →    5 comments    *****    assignment, margin call and 1 more...

Why Iron Condors are NOT an ATM machine

Mar 04 2015 03:38 PM | Posted in General

We closed today our Steady Condors March trades for an average gain of 7.5% before commissions, which translates to 5.8% return on the whole account after commissions.

Steady Condors first goal is to manage risk and to prevent big losses. We don't promise you some absurd numbers like 10%/month or 5%/week, but we are proud to report performance in the most honest and transparent way possible. I will explain later how our performance reporting is different from other newsletters, but let me start by quoting Jesse Blom's post on the forum.

Read Article →    3 comments    ****-    iron condors, steady condors

My Interview By Kirk Du Plessis from OptionAlpha

Mar 03 2015 03:25 PM | Posted in General

The OptionAlpha is a highly respected publication managed by highly dedicated and extremely knowledgeable editor, Kirk Du Plessis.

I had the privilege to be interviewed by Kirk recently for his highly successful podcast. The Podcast was created and dedicated to options trader, stock market investor or trading wannabe.

Read Article →    4 comments    *****

Are You Paying Too Much To Your Broker?

Feb 14 2015 10:51 AM | Posted in General

Options Trading is a business. As in any business, there are costs. One of the major costs is commissions that we pay to our broker (other costs are slippage, market data etc.)

While commissions is a cost of doing business, we have to do everything we can to minimize that cost. This is especially true if you are an active trader. The impact of commissions on your results can be astonishing.

This excellent article by Business Insider is asking the right questions (and also answering some of them):

Read Article →    5 comments    *****    brokers, commissions and 2 more...

$TSLA, $LNKD, $NFLX, $GOOG:...

Feb 12 2015 09:42 AM | Posted in General

Our long term followers know that buying premium into earnings is one of our favorite strategies. I wrote about the strategy in my Seeking Alpha article Exploiting Earnings Associated Rising Volatility. IV (Implied Volatility) usually increases sharply a few days before earnings, and the increase should compensate for the negative theta. We have been using this strategy in our SteadyOptions model portfolio with great success.

However, not all stocks are suitable for that strategy. Some stocks experience consistent pattern of losses when buying premium before earnings. For those stocks we are using some alternative strategies like calendars.

Read Article →    2 comments    -----    earnings, calendars and 1 more...

Name Of the Game: Steady, Consistent, Transparent

Feb 05 2015 10:49 PM | Posted in General

Numbers don't lie. Take a look how the major indexes performed in January, and compare it to SteadyOptions performance:

S&P 500: -3.1%
Dow Jones: -3.7%
Russell 2000: -3.3%
SteadyOptions: +20.7% ROI

After booking 146% ROI in 2014, we closed 8 trades in January, producing an incredible 88% winning ratio and 16% average return per trade.

Read Article →    8 comments    *****    performance, reviews

The key to successful trading is risk management

Jan 31 2015 10:16 AM | Posted in General

By Gery Nagy, optionsrules.com

We discussed in the previous article that the risk graph of the stock market involves unlimited risk. That means despite using super good stop levels, there might be days when the market skips your limit order.

Or, your market order could be executed at a price you did not expect. Consequently, a precise risk management cannot be achieved. Those who trade on the Forex market may groan now because this is not strictly true for them. Yes, the Forex market is not characterized by a gap up, gap down, therefore the STOP level can be more easily planned, as it is usually executed where we planned it.

Read Article →    0 comments    -----

Options Strategies: An Introduction

Jan 22 2015 09:50 AM | Posted in General

Option is the contract or deal, that lets a person to sell (put) or buy (call), a certain asset before or on the specific date. There are about 72 options trading strategies. There three most commonly used options strategies: bullish, bearish and neutral or non-directional.

The following infographic describes few basic options strategies.

Read Article →    0 comments    -----

How can you make money when the market moves si...

Dec 22 2014 02:02 PM | Posted in General

By Gery Nagy, optionsrules.com

In the present article, I am going to explain how you can make money if you own shares and the market moves sideways.

You know my attitude towards simple share buying, so I won’t go into details at this time. The starting point is that you own 100 AAPL shares. For some reason, you bought it and hold it, that’s your business. Meanwhile, you use the well-established, but mostly pretty weak, stock market risk management method: the stop loss. You hold the paper and expect a price increase, because you still believe in the Buy and Hold strategy ...

Read Article →    0 comments    -----

Why Retail Investors Lose Money In The Stock Ma...

Dec 06 2014 12:05 AM | Posted in General

It is a well known fact that most retails traders/investors lose money in the stock market. The numbers vary from 80% to 95%, but the fact remains. There are many explanations for that phenomenon, such as: poor money management, bad timing, bad government policy, poor regulation or a poor strategy.

Personally, I'm not surprised. As an options newsletter editor, I see exactly why vast majority cannot make money consistently. I was there. Experienced it first hand.

But first things first.

Read Article →    1 comments    *****

Can We Profit From Volatility Expansion Into Ea...

Dec 04 2014 10:46 PM | Posted in General

In one of my previous articles I described a study done by tastytrade, claiming that buying premium before earnings does not work. The title of the study was "We Put The Nail In The Coffin On "Buying Premium Prior To Earnings".

​I demonstrated that their study was highly flawed, for several reasons (strikes selection, stocks selection, timing etc.)

It seems that they did now another study, claiming to get similar results.

Read Article →    6 comments    *****    earnings, straddles, tastytrade and 2 more...

How to Calculate ROI in Options Trading

Nov 29 2014 11:58 AM | Posted in General

Our readers and members know that our returns are verified by Pro-Trading-Profits, an independent third party website that tracks performance of hundreds investment newsletters. They have an excellent explanation how to analyze and compare performance of different trading systems. Here are some highlights of their article.

Read Article →    0 comments    *****    performance, roi

Understanding Option Trading

Oct 28 2014 08:47 AM | Posted in General

An option provides the owner the right to buy or sell an asset at a pre-determined price before or on a certain date. Options are basically of two types- Calls and Puts. A call provides the right to the owner to buy an asset while a put provides the right to the owner to sell an asset. Trading options can be very profitable for the owners. However, it is important to gain a proper knowledge and understanding of the terms used in the options market. This infographic has been designed to make it easier for you to understand option trade.

Read Article →    0 comments    -----

Market Neutral Strategies: Long or Short Gamma?

Oct 18 2014 04:31 PM | Posted in General

By Mark D Wolfinger

When markets are volatile, and especially when that volatility is on the downside, it costs more cash to buy your entry into the positive-gamma game because the options are more expensive. This should make sense because “everyone” wants to buy options when the possibility of a big market move has increased.

Read Article →    0 comments    *****