I'm pleased to introduce the Ez Trade Builder to SteadyOptions members. Ez Trade Builder was developed by EzTrade, company that since 1996 has been a leading player in the Option Analytic Software space. EzTrade was founded by Vladimir Furman, mathematician by training who worked with world famous option traders to developed cutting edge software and advisory services.
When we are looking at potential options trades, one of the most important things we need to consider is the options liquidity. This is a very important factor that needs to be considered before trading options. There are few factors that impact the options liquidity:
In the first half of 2013, SteadyOptions produced a 75.6% ROI (Return On Investment), based on maximum of 6 open trades. By allocating 10% per trade (and leaving at least 40% of the account in cash), the account would grow by 45.3%. Please note that those results are based on real fills, not hypothetical performance, and exclude commissions, so your actual results will be lower.
2006 was an interesting year. I had great wins and great losses as well. During the 1st half of 2006, most of my trading was based on predicting where the market was going. This required hard work, real-real hard work vs. what some might say that it’s easy. However, still the rewards weren’t consistent.
Iron Condor is a combination of bull put credit spread with a bear call credit spread. When used correctly, Iron Condor can be a very profitable strategy resulting healthy monthly returns. realistically speaking, how much can you really make trading the Iron Condor strategy?
Internet is full of hype from people who claim that they found the Holy Grail of Investing. "Make 10% per month in just 10 minutes per week". Do you really believe that? Some people do. I can tell you with full responsibility that whoever claims to have the Holy Grail is either lying or has not been in this business for long enough.
I'm pleased to announce that SteadyOptions has launched a new portfolio called "Anchor Trades". This is a stocks/options portfolio tailored for longer term conservative investors. It requires much less monitoring than the current SteadyOptions portfolio while still targeting positive returns in all market conditions on an annual basis.
SteadyOptions has been around for less than 2 years, but it is quickly becoming one of the most popular and successful options trading resources. Here are few facts about SteadyOptions that you might be interested to know.
A while ago I got an email from one of my Seeking Alpha readers. He told me that he is a big fan of my articles and asked how he can learn more. Then he said that he is new to trading options, he set aside a small amount of money in hopes of doubling it at least yearly. Did you get it? The guy admits to be new to options, but expects to double his account at least yearly?
April was an excellent month for SteadyOptions. We closed 16 trades in April, 13 winners and 3 losers. Total gain in April was $2,032 based on $1,000 allocation per trade. Assuming maximum of 6 trades open (the average number is lower), that's 33.9% non-compounded gain. Most Fund Managers don't make those returns in a full year.
Despite a healthy beat and dividend hike, shares of Apple (AAPL) are slightly down in after hours trading. They have lost now almost half of their value in the last 6 months. During 2012, I warned several times that Apple has gone up too far too fast. When the stock was going up almost every day for no visible reason, I asked a simple question: what do we know today that we didn't know a month ago?
When a fellow Seeking Alpha contributor Kevin O'Brian promised back in September to write an article "on Kim Klaiman's/Steady Options trading approach and why it doesn't work as advertised.", I was pretty excited. I have over 10 years of experience in the stock market. However, unlike Kevin who claims to "know basically all there is to know about options", I'm still learning. I will be learning as long as I breathe.
