As a general rule, I am not a fan of services that predict where the stock market is headed next. Nor do I believe that most advisory services can steer their clients into profitable trades. However, the quality/integrity of services differ and today I’d like to mention one that I think is worth consideration.
Please understand that past performance is no guarantee of future returns. Kim Klaiman runs SteadyOptions and it is clear to me that he cares about his membership and operates SteadyOptions with integrity.. His trades are transparent and he explains the rationale behind each trade. In other words, it is an educational service ion addition to being an advisory. He is willing to teach subscribers to make the trades alone and reach the point where his services are no longer required.
NOTE: SteadyOptions uses a non-directional approach. They seek opportunities that do not depend on predicting market direction.
SO is an options trading advisory that uses diversified option strategies and has produced positive returns under all market conditions. The stated objective is to target steady and consistent gains with a high winning ratio and limited risk. If this sounds like the typical iron condor advisory, I assure you that it is not.
What I like about this service is that it offers a combination of a high quality education along with actionable trade ideas.
What makes SteadyOptions different?
—Impressive performance – a track record of making money in any market.
–The track record includes every trade, both winners and losers. They hide nothing.
–Complete transparency – the performance is based on real fills, not hypothetical performance.
–A complete portfolio approach. In other words, trades are not initiated without considering how they fit in with the entire portfolio.
–First priority is capital protection.
–The performance of the model portfolio reflects the growth of the entire account including the cash balance. Some services consider a $1,000 gain on a $1,000 investment to be a 100% return when the whole account is worth $10,000. SO considers this to be a 10% return — and that is the honest way of doing the calculations.
–All trades are shared in real time, including entry, exit and adjustments. This is the real deal with no fudging of results.
Members voted SteadyOptions #1 ranked newsletter on Investimonials.
The SO newsletter manages three different strategies:
–Steady Options trades mostly option volatility, making plays on stocks around company earnings.
–Anchor Trades manages a fully hedged long ETF investment portfolio.
–Steady Condors manages few different and unique iron condor strategies on index products.
I understand that people tend to pay maximum attention to performance, but do know that SteadyOptions puts a lot of emphasis on options education. Each trade is discussed before it is executed. SteadyOptions is not a get-rich-quick-without-efforts kind of newsletter. It requires time and effort on the part of subscribers. There is a learning curve to become familiar with the strategies.
All subscriptions include a 10 day free trial. Click here to start your free trial.
Full disclosure: I do receiver a referral fee for new subscribers (please use this link), but this advisory service is run in a manner that appeals to me and my strong belief in a sold options education.