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SteadyOptions 2020 Year In Review

By Kim

January 15, 2021

2020 marks our 9th year as a public trading service. It was an excellent year for us. We closed 130 winners out of 194 trades. Our model portfolio produced 117.1% compounded gain on the whole account based on 10% allocation per trade. We had only three losing months in 2020.

Performance Dissected

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, depending on the broker and number of trades. Please read 2020 Year End Performance by Trade Type for full analysis of our 2020 performance. We have extensive discussions about brokers and commissions on the Forum (like this one) and help members to select the best broker. Please refer to How We Calculate Returns? for more details.

After 9 years in business, SteadyOptions maintains its position as the most stable and consistent options trading service, with 120.1% Compounded Annual Growth Rate. We proved again that we can make money in any market. As one of our members mentioned:

"I would rate the 3% profit for March as even MORE successful than the 25% profits for Jan/Feb. If someone can make a profit in a month when there was total carnage in the markets, then that shows resilience and security in the trading strategies. It shows that even during a black swan event, the system works, and the account will not be blown."

Our strategies

SteadyOptions uses a mix of non-directional strategies: earnings plays, Straddles, Iron Condors, Calendar Spreads, Butterflies 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.

What's New?

We had to tweak our strategies due to unprecedented market conditions. We introduced a new strategy called NEHS (Non Earnings Hedged Straddle) to take advantage of unique situations, and also introduced few opportunistic trades using a variation of a diagonal spread. Both performed very well overall.

What makes SO different?

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.

Our performance is based on real fills. Each trade alert comes with screenshot of our broker fills. 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 723 Newsletters on Investimonials, a financial product review site. Read all our reviews here. The reviewers especially mention our honesty and transparency, and also tremendous value of our trading community.

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:

Anchor Trades - Stocks/ETFs hedged with options for conservative long term investors. Anchor Trades produced 31.7% gain in 2020, beating its benchmark by 13.3%.
Steady Momentum - puts writing on equity indexes and ETF’s. Steady Momentum produced 2.7% gain in 2020, beating our benchmark by 1.1%.
Steady Futures - a systematic trendfollowing strategy utilizing futures options. Steady Futures produced 6.9 loss in 2020.

We offer a 4 products bundle (SteadyOptions, Steady Momentum PutWrite, Anchor Trades and Steady Futures) for $745 per quarter or $2,495 per year. This represents up to 50% discount compared to individual services rates and you will be grandfathered at this rate as long as you keep your subscription active. Details on the subscription page. More bundles are available - click here for details.

Subscribing to all services provides excellent diversification since those services have low correlation, and you also get the ONE software for free for 12 months with the yearly bundle.

We also offer Managed Accounts for Anchor Trades and Steady Momentum.

Summary

2020 was another excellent year for our members. We are very pleased with our performance.

SteadyOptions is now 9 years old. We’ve come a long way since we started. We are now recognized as:

I see the community as the best part of our service. I believe we have the best and most engaged options trading community in the world. We now have members from over 50 counties. Our members posted over 125,000 posts in the last 9 years. Those facts show you the tremendous added value of our trading community.

I want to thank each of you who’ve joined us and supported us. We continue to strive to be the best community of options traders and continuously improve and enhance our services.

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."

If you are not a member and interested to join, you can click here to join our winning team. 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 team!

What Is SteadyOptions?

Full Trading Plan

Complete Portfolio Approach

Diversified Options Strategies

Exclusive Community Forum

Steady And Consistent Gains

High Quality Education

Risk Management, Portfolio Size

Performance based on real fills

Non-directional Options Strategies

10-15 trade Ideas Per Month

Targets 5-7% Monthly Net Return

Visit our Education Center

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