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SteadyOptions 2015 - Year In Review


2015 marks our fourth year as a public service. We had a fantastic year. We closed 129 trades in 2015 which 117.3% non-compounded gain on the whole account based on 10% allocation or 200.6% compounded gain. 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.

 

Performance Dissected

 

It is important to mention that those numbers are pre-commissions, so your actual results will be lower. As with every trading system which uses multi leg trades, commissions will have a significant impact on performance, so it is very important to use a cheap broker. We have extensive discussions about brokers and commissions on the Forum (like this one) and help members to select the best broker. Commissions reduce the monthly returns by approximately 2-3% per month, depending on the broker. Please refer to Performance Dissected topic for more details. For the first time, I also provided an update on My 2015 Personal Account that produced 80.2% return, after commissions, trading exclusively SteadyOptions and Steady Condors strategies.

 

November was our only losing month in 2015. Our biggest loser was 60%, and only 11 trades have lost more than 20%.

 

Our strategies

 

SteadyOptions uses a mix of non-directional strategies: earnings plays, Iron Condors, Calendar spreads etc. We constantly adding new strategies to our arsenal, based on different market conditions.

 

SO model portfolio is not designed for speculative trades although we might do some in the speculative forum. SO is not a get-rich-quick-without-efforts kind of newsletter. I'm a big fan of the "slow and steady" approach. I aim for many singles instead of few homeruns. My first goal is capital preservation instead of doubling your account. Think about the risk first. If you take care of the risk, the profits will come.

 

We continue expanding the scope of our trades beyond the earnings trades, Iron Condors and calendars. We are trading SPY, GLD, TLT, VIX and other ETFs to diversify the portfolio. We will continue refining those strategies to get even better results. This gives members a lot of choice and flexibility.

 

Looking at specific strategies, VIX trades were our best performing strategy in 2015, producing 28% average return with 90% winning ratio. Pre-earnings calendars were big winners as well, producing 15% average return with over 80% winning ratio. We will continue trading what works the best and adapt to the market conditions.

 

What makes SO different?

 

First, we use a total portfolio approach for performance reporting. This approach reflects the growth of the entire account, not just what was at risk. We balance the portfolio in terms of options Greeks. SteadyOptions provides a complete portfolio solution. We trade a variety of non-directional strategies balancing each other. You can allocate 60-70% of your options account to our strategies and still sleep well at night.

 

Second, our performance is based on real fills. Each trade alert comes with screenshot of my broker fills. Many services base their performance on the "maximum profit potential" which is very misleading. Nobody can sell at the top and do it consistently. We put our money where our mouth is.

 

Our performance reporting is completely transparent. All trades are listed on the performance page, with the exact entry/exit dates and P/L percentage.

 

It is not a coincidence that SteadyOptions is ranked #1 out of 704 Newsletters on Investimonials, a financial product review site. Read all our reviews here. The reviewers especially mention our honesty and transparency.

 

We place a lot of emphasis on options education. There is a dedicated forum where every trade is discussed before the trade is placed. We discuss different strategies and potential trades. Unlike most other services that just send the trade alerts, our members understand the rationale behind the trades and not just blindly follow the alerts. SO actually helps members to become better traders.

 

Other services

 

In addition to SteadyOptions, we offer the following services:


The LCD is our most diversified and scalable portfolio, I highly recommend that members check it out. It is offered as an added bonus of all subscription plans. We also offer Managed Accounts for Anchor Trades and LCD.

 


Let me finish with my favorite quote from Michael Covel:

 

"Profits come in bunches. The trick when going sideways between home runs is not to lose too much in between."

 

Subscription is now closed to new members. If you are not a member and interested to join, you can join the waiting list and we will notify you when the subscription re-opens.. When you join SteadyOptions, we will share with you all we know about options. We will never try to sell you any additional "proprietary systems", training, webinars etc. All our "secrets" are included in your monthly fee.

 

Happy Trading from SO!

 

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Risk Management, Portfolio Size

Performance based on real fills

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Non-directional Options Strategies

10-15 trade Ideas Per Month

Targets 5-7% Monthly Net Return

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We want to hear from you!


Thanks for the overview of the results during 2015.

You mentioned :

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.

When looking at the performance page, there is however mentioned a total return of 158.7 %

Can you explain how come there is a significant difference with the 195.6 % and 117.3 % mentioned in this post ?

What is the exact difference between these 3 different returns over 2015 ?

Looking forward to receiving your clarification ths.

Thanks in advance

W

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The table on the performance page is based on returns calculated by pro-trading-profits that uses default allocation of 15%, non-compounded.

 

Updated later: since pro-trading-profits was shut down, I have updated the monthly returns to be based on 10% allocation, but the total returns are now compounded monthly. 

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Impressive! I looked at this year and last year. Looks like if you icksnay on the Reverse IC's you would be doing even better!

-Matt

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