SteadyOptions closing to new members

[Guest]

Hi Kim, 

 

Can you shed light as to why you are closing SteadyOptions to new members? 

 

Is it because any of the following reasons, 

- Difficulties in getting good fills as there's more people chasing the same earning trades, opening and closing at the same time

- Membership roster has reached a good point and you want to focus instead on trading your strategy

- SteadyCondor and the Anchor trades taking up your administrivia timeslot (although they are traded and managed by Chris and Jesse)

- Just for the benefit of your existing members? 

 

Best,

PC

[Guest]

I think it's the right move.  Having only been a member for a few months, I can already clearly tell that the service is exceptional, as member questions in the forums are always promptly answered.  And, with more members I could see liquidity becoming a problem for some of the trades we do that include a weekly leg.  I'm sure it was a difficult decision, but I think you're doing the right thing, Kim, to guarantee that you'll be able to continue delivering the top notch service that members have come to value.