Welcome to Steady Options

[Kim]

Just now, kitsos said:

Kim could plz inform me of the procedure for researching and finding those candidates?

- Do you go to VolatilityHQ, check the earnings dates, that are 3 weeks out for example?

- Are there any criteria for selecting from those? (Must have Weeklies?, Have a certain amount of Open Interest, Volume? etc...)

- How to determine the Strategy you will use? (Straddle, Strangle, DD?). Is it Non earnings IV? Is it the VIX?

- Do you check the Return Matrix Table, (Long Stock?, Long Call?) to check the Pre Earnings behavior? Do you select the Entry Day based on this table? (T-19, T-15, etc)?

- If we want to find the RV for a Strangle, do we use the Straddle RV and make some assumptions? What about the RV for a Double Diagonal?

Sorry to overwhelm you with so many questions, but i try to correctly understand the procedure, so that i can learn as fast as possible, and contribute, to this awesome community.  

 

 

There are many tools that have upcoming earnings. I used to use optionslam, now I'm using VolatilityHQ because I have a subscription anyway.

The stocks are mostly the candidates we used in the past, so performance page is a good start. 

SO Strategies and Allocation provides general guidance about the strategies we use. And yes, using the return matrix to optimize the best entry and exit dates.

And yes, if RV for straddles is okay, strangles should be fine too.

DD have no RV, we just use ONE to see if the chart looks attractive.

 

[JET]

37 minutes ago, kitsos said:

Kim could plz inform me of the procedure for researching and finding those candidates?

- Do you go to VolatilityHQ, check the earnings dates, that are 3 weeks out for example?

- Are there any criteria for selecting from those? (Must have Weeklies?, Have a certain amount of Open Interest, Volume? etc...)

- How to determine the Strategy you will use? (Straddle, Strangle, DD?). Is it Non earnings IV? Is it the VIX?

- Do you check the Return Matrix Table, (Long Stock?, Long Call?) to check the Pre Earnings behavior? Do you select the Entry Day based on this table? (T-19, T-15, etc)?

- If we want to find the RV for a Strangle, do we use the Straddle RV and make some assumptions? What about the RV for a Double Diagonal?

Sorry to overwhelm you with so many questions, but i try to correctly understand the procedure, so that i can learn as fast as possible, and contribute, to this awesome community.  

 

 

I have some of the same questions-  thank you.

+How do you determine the correct mix between straddles, strangles, calendars, DD, etc. and earnings vs. non-earning trades?

Edited February 15, 2024 by JET

[marcoo]

 

Hi Kim, I would like to subscribe to Steady Options. Please let me know, when that becomes available. Thank you, Marco

 

 

[jakasspeech3]

On 4/27/2022 at 3:25 PM, Kim said:

Dear Mr. Fred,

SO is currently in capacity controlled mode. We can accept only a limited number of new members, and we are only interested in serious traders dedicated to their professional development.

I believe that reading the Welcome to SteadyOptions post and Frequently Asked Questions, viewing our reviews and analyzing our 10+ years performance should give you a pretty good idea if the service is a good fit for you. I also believe that you need at least 3 months anyway to get a "feel" of how the service works.

I believe this one we will have to figure out ourselves. 

[Kim]

3 hours ago, jakasspeech3 said:

I believe this one we will have to figure out ourselves. 

I believe anyone who intends to subscribe for less than 3 months is wasting their time and money.

But what do I know.. I have been trading options for only 20 years..