SteadyOptions is an options trading forum where you can find solutions from top options traders. TRY IT FREE!

We’ve all been there… researching options strategies and unable to find the answers we’re looking for. SteadyOptions has your solution.


Discontinued strategies

Recommended Posts

In January 2019, we have made a decision to discontinue the Steady Condors strategy and replace it with Steady Momentum.

We have decided that under the current market conditions, Steady Momentum offers better risk/reward than Steady Condors. The markets became too volatile, and Implied Volatility of the indexes did not correctly reflect that volatility. In other words, the options sellers did not get enough credits to be compensated for the risks.

Those are the 6+ years monthly returns of the strategy: 


Share this post

Link to post
Share on other sites

The TLT Elephant has been discontinued as the 30 year Treasury has traded outside of the yield band that our thesis was predicated upon.  This coupled with the extremely low IV, yet crazy outsized daily moves makes the strategy no longer viable.

August 2018: -5.71%
September 2018: +11.50%
October 2018: +16.45%
November 2018: +1.93%
January 2019: -22.15%
February 2019: -23.29%


May  2019: -92.00%


Share this post

Link to post
Share on other sites
This topic is now closed to further replies.

  • Recently Browsing   0 members

    No registered users viewing this page.