What Is Steady Options?
SteadyOptions is a Premium Options Trading advisory service. We offer a combination of a high quality education and actionable trade ideas. The focus of the forum is on non-directional strategies like earnings plays, Straddles, Iron Condors, Calendar Spreads, Butterflies, etc.
I'm sharing my trades with full explanation of the Greeks, the risk/reward, the best time to entry/exit, price targets etc. We use portfolio approach and will have trades balancing each other in terms of the Greeks.
Please note that suggested portfolio size for SO alerts is $10,000-$100,000. We do NOT recommend trading more than $100,000 with SO alerts. We recommend using one of our other services for larger portfolios.
- Non-directional strategies
- Tailored for active traders
- 10-15 trades per month
- 4-6 open spreads at a time
- Targets 5-7% per month
- ~2%/month commissions impact
- $10K-100K portfolios
Steady Options produced 85.1% CAGR (compounded annual growth rate) since inception, including commissions.
SteadyOptions provides options education and actionable trade ideas in a complete portfolio approach. We use a limited number of non-directional strategies:
- Iron Condors
- Calendar Spreads
- Butterfly spreads
- Straddles and strangles
- Pre-earnings calendars
- VIX calendars, strangles and diagonals
- VXX calendars and diagonals
We discuss key elements for every trade:
- Which strategy is appropriate for the specific stock.
- When is the best time to enter.
- What is the optimal entry price.
- Backtesting of previous cycles.
- What is the appropriate adjustment.
- What is the profit target.
- How Theta, Vega and Gamma impact those trades.
- How each trade fits the overall portfolio.
Read more details here.
Contact Us with any questions.
Why We Are Different?
We use a portfolio approach, that may include a variety of non-directional strategies.
Our performance is based on real fills. Unlike many services that base their performance on the "maximum profit potential", which is very misleading, all our trade alerts come with screenshots of our broker fills.
We provide a full disclosure and list all our trades on the performance page. We will never omit a trade from our track record.
We emphasize options education in a dedicated forum where every trade is discussed before it is placed. Our goal is for our members to understand the rationale behind the trades and not just blindly follow the alerts. We help members to become better traders.
We invite you to join one of the most successful options newsletters. SteadyOptions is ranked #1 out of 724 Newsletters on Investimonials, a financial product review site. Read all our reviews here. The reviewers especially mention our honesty and transparency
We report returns on the whole account (not return on margin).