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SteadyOptions Produced 33.9% ROI in April 2013


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.

The YTD non-compounded ROI is 58.7% based on the same 6 maximum trades. Check out the Performance page to see the full results. Please note that those results are based on real fills (excluding commissions), not hypothetical performance or "profit potential".

 

We continue expanding the scope of our trades beyond the earnings trades. We closed three VIX trades for ~30% gain each. We also closed three pre-earnings calendars (AAPL, IBM and NFLX) for double digit gains. Those trades provide nice balance to the portfolio in periods of lower IV. The earnings straddle/strangles performed very well too, including AMZN, CMG, QCOM, SNDK and RVBD. GLD straddle was the only sizable loser - we just held it for too long. We also started trading VXX options. We will continue refining those strategies to get better results. This gives members a lot of choice and flexibility. I also encourage members to trade what they feel comfortable with.

 

The membership is now open to new members for a limited time. We invite you to join us.

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12 Years CAGR of 114.5%

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Risk Management, Portfolio Size

Performance based on real fills

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