LeSolist

@TrustyJules 😀 Thanks for keeping us grounded!!

Kim, Do you sometime rely on the "option pain" to get a "gestimate" of the underlying price at expiry to structure your trades? (In other words, is this metric reliable?)

I can't tell for the UK but it is normal for the Canadian entity as it is subject to the Canadian laws and regulations, hence Canadians IB investors are covered by the CIPF fund.

Here are some examples probably coming from a chain of rounding errors 1- 2/10/12 01/17/13 40 Days RUT butterfly -56.8% 9,127 vs. Total P/L: 56.1% loss. 2- 12/13/12 01/04/13 44 Days GLD calendar -7.3% vs. Final P/L: 7.1% loss (0.42/5.87)

Thanks for the "dissection" page... I read it but I cannot figure out differences that I get between the yearly returns of the performance matrix versus the trades list's returns. For 2013, no compounding, starting portfolio value of $10k, invested capital of $1.5k per trade, I get 82.4% vs 89.7% on your matrix. That won't change my opinion in regards to your outstanding performances but I'd like to understand so this post. Any idea? PS: The devil is in the details... -1: there are also small differences on the monthly values (less than 1%) between the matrix of your website and the "Pro-Trading-Profits" matrix. Again, no big deal but I like to understand numbers. -2: I noticed small differences as well (less than 1%) on the trades list's returns vs the reported return (what you report upon closing trades).

My two cents here.... Options portfolio's performance is always tricky. I'm a member of other big options and stocks services (highly reputable services) and they have similar issues because there are always ongoing transactions (trades, dividends, reinvestment or not, etc) in the portfolios. To add even more transparency, I'd simply list a break down each trades to provide the in and out prices of each contract and type (Put/Call).Then, it's up to the members to calculate the performance (ROIC, Portfolio on the time basis they want to) as they wish. That said, I know that we can always dig the info by going through all the posts one by one but it's time consuming. Another thing you might want to do is to simply specify the value of the portfolio at the beginning of the year and at the end (Typical portfolio ex: $10k Jan 1st, 2013 and $18,970 on Dec 31st, 2013 if I read your performance table correctly). I care for ROIC but I care even more for what's left in my pockets at the end of each year. Finally, you may want to explain how all your returns are calculated (ROIC, SteadyOptions Monthly Returns, total etc) in a sub page as I'm sure that not all members are 100% comfortable with all the terminology, starting with me. Hopefully this "investimonial review" won't ruin your weekend. Cheers!