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  1. Today
  2. Chris Lepore

    Tradier Brokerage Special Offer

    Hi Sean, We recently looked into this and whether a physical location is required or not, the requirement is that you have to open a actual broker-dealer in Australia. This is a large undertaking that both Tasty and IB have chosen to do. You'll notice on their website that they have separate brokerages in Australia. This is not something that Tradier and/or our clearing firm Apex will be undertaking at this time. Sincerely, Chris Lepore
  3. Yesterday
  4. SeanMan

    Tradier Brokerage Special Offer

    Hi Chris @Chris Lepore As a resident of Australia, I understand that you don't accept clients from Australia, etc. I noticed in your post that the reason is that "you need to open a physical location". I currently use TastyTrade and IB. I'm pretty sure that Tasty doesn't have an office in Australia so just wondering how they manage to get around the requirement? It looks like your brokerage has a lot to offer, it would be good to see you accepting Australian clients at some stage. Regards Sean
  5. February 2024 offer from Tradier: Steady Options customers receive a special Index Option pricing of only $.10 per contract when you sign up for the Tradier Pro plan.** Customers must be subscribed to Steady Options in order to take part in this promotion. Limited to one account per household. *Single Listed Index Options are subject to a $0.10/contract commission in addition to any other charges for exchange, OCC, and regulatory fees. See Fee Schedule for more details. Tradier Brokerage Inc. charges for exchange, OCC, and regulatory fees. Other fees and applicable minimums may apply see Fee Schedule for more details. The bottom line is that Single Listed Index Options (VIX etc) will have a special pricing of around 0.50-0.55 per contract all in.
  6. SBatch

    SteadyVol Managed Fund

    Fund update: I have a call with NAV Consulting (who is the TPA) tomorrow to get the fund setup on their portal. They will then distribute the offer documents and they have the capability for e-signature. I will provide more instructions once I have them.
  7. Last week
  8. That makes sense. The risk/reward ratio is poor. I was thinking that since this stock has such high price movement, we could open this trade for a week to capture the 10% or so profit. (The risk for one week is not that high). But this would be more of a speculative trade. Thanks, Kim.
  9. IV of this stock is really high, so RIC is expensive. The setup you suggested has poor risk/reward and would require a very large move to profit:
  10. Hi, I am a new subscriber to the service. I have some experience in option trading and am still trying to understand these strategies. If I understand correctly, stocks with significant price movements are good candidates for this strategy. Would we consider ARM stock a good candidate for this strategy? If not, why?
  11. BarbaraBraun

    tastytrade review (Tom Sosnoff)

    Thanks. This provider I haven't heard before. But your review looks quite helpful.
  12. Kim

    SteadyOptions Bundles

    SteadyVol is a separate product. Not sure what difference you are referring to..
  13. Srini M

    SteadyOptions Bundles

    I am already subscribed to the yearly Lorintine Bundle on Dec.2023. Can I add Steady Vol yearly and pay the diff of 500? I am fine with both of them ending at the same time.
  14. This could be an interesting idea. I think to get more feedback from other members, it's better to post on the forum (unofficial trade ideas).
  15. Thanks. Other reflexion on this subject. We know for sure that IV is dropping after earnings, see for example this graph for MSFT : IV has recently lost -30% just after earnings. So I was wondering if we could create something similar as the hedged RIC but post-earnings. I mean some kind of strategy that could gain money when IV is dropping, without taking too much risk on a violent move. Something like that (it is just a stupid quick short straddle hedged, just to illustrate not seriously studied): IV drop :
  16. We just identified a few good candidates (NFLX, NVDA and couple others) which provided good returns, and we keep using them again and again.
  17. Thanks Kim. So, picking a stock using a scanner for example does not seem easy. Would you suggest a methodology using the volatilityhq website describing a way to select some candidates for a non-earnings hedged RIC?
  18. Correct. We always look at downside risk. Of course if we come from a period of high volatility (say VIX in high 20s) down to VIX in low 20s, and the stock IV is now low compared to 4 weeks ago, but high compared to period of VIX around 15, there still might be a considerable risk. So we look at the overall environment as well.
  19. Thanks Kim. So, for example, if the current IV is the lowest from, let us say, 4 weeks, and that we are not within an earnings period, it could be a candidate to be analyzed for a non-earnings hedged RIC? Even if the actual IV’s are the highest since one year for example?
  20. We usually just look manually at ONE and compare the current IV with previous few weeks. What we care about is a specific week IV anyway, so sites that give average IV won't help anyway.
  21. Very useful article. The trade can work with low/medium/high IV stocks but IV Rank is important. IV drop combined with smaller stock price move to near a RIC long strike is the only negative catalyst for this trade, so you want to pick stocks whose current IV is near the recent non-earnings IV lows as doing so should minimize downside risk. My question is : there are some websites that give the IVRank (barchart, marketchameleon, etc.) but I could not find one that gives the IV ranks taking into account the non-earnings IV. Do you know some or have I to buy an historical IV file and compute the IV Rank by myself excluding the earnings periods?
  22. Whatever you do - do not roll. NVDA earnings are next week and in he current market state a 10% rise is the least one might expect. I wouldnt be too worried on assignment - just sell in premarket.
  23. Let it expire and you will only have the max loss of the width minus credit. You won't be able to close it without greasing the palms of the market makers. I don't know who your broker is, some of them charge a lot to let it go to assignment or some may even force you to close even though the net result will be zero shares, like Tradier, so you might want to call them depending on that.
  24. SBatch

    SteadyVol Managed Fund

    The wiring instructions will be included in the offer documents and will be sent via email to everyone on the distribution list as soon as available.
  25. I have a bear call spread on Nvdia that expires today. Typically I've rolled the spread for a credit at 21 DTE or later, but I can't do that as the roll has always resulted in a large net debit due to the extreme price move. Worst cast scenario I buy the spread back before expiration near the max loss aka width of the spread. The bid/ask on this spread is extremely wide with the ask being around being nearly $9 on a $5 spread. I really don't want to buy back a $5 spread for $ 7-9. I don't see how I can allow the options to expire together without having the short call assigned. Any help would be appreciated on how to best manage this situation.
  26. Kim

    SteadyVol Managed Fund

    SO or SV
  27. Srini M

    SteadyVol Managed Fund

    Does the Lorintine bundle qualify or an active membership to SO or SV is mandatory?
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