Humble
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Could you please provide the exact details of the trade?
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It is my understanding they will be contacting all clients with the new agreements. Maybe just let them know that you prefer to stay at the current pricing?
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Update from Tradier: They are in the process of making an update to their pricing. The new subscription pricing is: $0 for equity $10 for equity and options (previously $40) $60 for tradehawk equity and options The plan is to reach out to each person currently enrolled and update their price effective Nov 1. One change to note with this new price is that they will be charging .35 a contract for single listed index options (SPX, RUT, VIX ect ..) The disclaimer is as follows; Single Listed Index Options are subject to a $0.35/contract fee in addition to any pass-thought exchange fees. Tradier Brokerage passes along all exchange, OCC, and regulatory fees.
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Under Steady Futures Trades forum
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Yes, we are looking for a new hosting company.
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The New Content area shows an auto-updated stream of all content from across the community, with customizable filters. Please use it till the email issue is fixed. Click here for a full rundown on using our forums.
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No, you can upgrade at any time and get a pro rated refund. The "no refunds" policy applies to cancellations only (or "downgrades"), not upgrades.
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When exercising a call option, the owner of the option purchases the underlying shares (or commodities, fixed interest securities, etc.) at the strike price from the option seller, while for a put option, the owner of the option sells the underlying to the option seller, again at the strike price. https://en.wikipedia.org/wiki/Exercise_(options) Options can be automatically exercised at expiration only.
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There is no margin for calendar spreads, only the debit that you pay. IB does require some learning curve, but t's one of the best brokers in terms of commissions and execution.
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That's not possible. Please make sure your legs are correct.
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We are pleased to offer the following YEARLY bundles to our members: 2 Services Bundle Yearly at $2,000/year Get any 2 services at discounted price. After subscribing, please let me know which 2 services you are interested in. You will be eligible to switch to another service once per term. All Services Bundle Yearly at $3,100/year (save over 50%) This bundle includes subscription to all services, and all new services that we offer will be automatically included at no extra cost. SteadyOptions All Services Bundle Yearly with 1 Month Trial This subscription includes a one month trial. After a month it converts to a regular yearly subscription at $3,100/year. You can cancel before the renewal. Please note that we allow one trial per member. Multiple attempts will be rejected with no refunds. You can upgrade to a bundle at any time. To do it, please cancel the current subscription in PayPal and subscribe to the bundle through one of the links. We will be happy to provide a prorated refund for your current service(s) if you upgrade to a bundle that includes those service(s). For example, if you have SteadyOptions subscription and switch to 2 services bundle that includes SteadyOptions and SteadyYields, we will provide prorated refund for unused portion of your SO subscription. If you have SteadyOptions and Simple Spreads and subscribe to 2 services bundle that includes SteadyOptions and Anchor, we will provide prorated refund for SO subscription only. 2 and 3 Years Subscriptions We are pleased to offer an extra 10% discount to members who sign for 2 years term and 20% discount to members who sign for 3 years term. Those longer term subscriptions are non recurring and can be paid via Wise or PayPal family and friends. Contact us if you are interested and we will provide you the details. We can accept direct non recurring payments only with 2 or 3 year subscriptions. Please do not send direct payments for 1 year subscriptions. The discounts are applied to yearly prices of any yearly subscription or bundle. Please note that this promotion cannot be combined with any other offer. Canadian Dollar Pricing Available Due to the weakness of the Canadian dollar, we are pleased to offer an additional discount to members who pay directly in Canadian dollars. The price will be based on 1 USD = 1.35 CAD. This represents an additional 7% discount based on the current exchange rate. The funds can be transferred from Canadian financial institutions via Interac e-transfer. The transfer has to be in Canadian dollars. This option applies only to 2 or 3 years subscriptions. We offer the following services: SteadyOptions - Non directional options strategies like Long Straddles, Calendars, Butterflies for active traders. We always trade defined-risk strategies, never naked options. This is a high maintenance service for portfolios in $10,000-100,000 range. It aims to produce 5-7% monthly return with medium risk. Anchor Trades - Hedged strategy for long term investors. Model portfolio size: $100,000, but can be tailored for smaller portfolios. The goal is to produce positive returns in all markets and protect a long portfolio in case of severe corrections or bear markets. Very low maintenance and easy to follow. Simple Spreads - Much simpler trades, that take less management, less time to enter, and with performance that is easier to understand. The main strategy is leveraged covered calls which is basically what some traders call Leverage With A Poor Man’s Covered Call. The strategy is similar to covered calls, but the stock is replaced with DITM calls. Steady Collars - Our variation of a collar strategy. An easy to manage, low maintenance trade with the potential of making returns over 50% annually, with targets approaching 80%. SteadyVIX - Volatility based trades. Model portfolio size: $10,000. Low maintenance and easy to follow. SteadyYields - a trading strategy that takes advantage of the correlation between long dated Treasury Bonds and Crude Oil. All members are grandfathered at prices they sign up at as long as they maintain an active subscription.
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One of the most frequent questions we get is: "Can I execute SteadyOptions trades in a IRA account?" My answer is: "Generally speaking - yes, but it depends on your broker, on your option level approval, the account type etc." We trade only risk defined strategies, never naked, so that should not be an issue. Long straddles, long calendars etc. should be possible to trade in IRA accounts. I invite members to share their experience about trading our strategies in IRA accounts. I know many do, and we would like to gather some relevant data.
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The TLT Elephant has been discontinued. The strategy was not managed in a manner consistent with our site trading style and philosophy. Performance: August 2018: -5.71% September 2018: +11.50% October 2018: +16.45% November 2018: +1.93% January 2019: -32.15% February 2019: -33.29% The strategy was managed by Scott Batchelar.
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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: The strategy was managed by Jesse Blom.
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This topic will include description of discontinued strategies, the reasons they have been discontinued and their performance.
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Did you have a chance to read your welcome email? I highly recommend that you spend few minutes and do so.
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The Steady Options audience, membership and article readership continues to grow. Because of this, we want to solicit input from our subscribers and readers about what they like to read about the most. Our goal for Steady Options is not just to be a trading service, but also an educational and discussion platform that provides valuable content to our members and readers. The forums and the blog articles are organized to give readers specific places to go to learn from our contributors and to ask questions from others engaged in the same activities. With that in mind, we would like to pause a moment to take the pulse of our reading base. We want to produce the articles that you, our subscribers, enjoy and find educational and that are understandable for all experience levels. If there are areas that you want to see more information on, specific areas of concentration, or specific things researched to be written on, we want to meet those desires. Please take this opportunity to complete this short survey and let us know what you want to know. Please post (by commenting on this survey) any topics you wish articles would be written on, suggestions of what you would like to see on the Steady Options blog, or complaints you have that you wish would be addressed.
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The question everyone has to ask himself: was January just a fluke or the strategies stopped working? The answer is simple:if you remove the four 100% losers, we would be up 10% YTD. Of course there is no shoulda woulda coulda in trading. But this is a clear indication that the basic strategies are working fine overall. There is nothing fundamentally wrong. But not everyone can see it, and most people don't really care. They want results, they don't care why specific trade made or lost money. The analogy that like to give: Most investors know that in the long term, the stock market produces around 10% annual return. Then why so many select to liquidate their stock holdings after a major drawdown? If you did not panic in 2008 and held your stock portfolio, you would be watching it almost tripling in the next 10 years.
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Yep. Most people don't. And I can guarantee you that once the Treasury market stabilizes, you will start seeing excellent returns from the CA strategy as well.
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Some strategies definitely have issues due to crazy moves, but I wouldn't say that about SO. We had one bad month in January, I provided a full analysis here. It was simply a combination of few bad trades that came all in one month. The funny thing is that if the same loss came at the end of 2018, nobody wouldn't even notice because we would still have almost triple digit return in 2018. But since the loss came at the beginning of a calendar year, the year so far doesn't look good. Our long term members know that this is just a bump in a road. It can happen, and for a strategy with triple digit annual return in the last 7 years, it is not uncommon to have such a drawdown once in 3-4 years. Members who stick around are usually well rewarded.
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Of course he does. He needs to protect himself against lawsuits. But how many people really read those small print disclosures? I wouldn't call 1620% low returns. $7500? Wow! You could subscribe to all 4 our services for 3 years lol.. makes me think we should double our prices..
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A Non Disclosure Agreement implies that there is some kind of secret formula that only members can enjoy and that cannot be shared. Well, let me tell you a secret (this one is free, I won't charge you $2,400😞 there is no secret formulas, secret strategies or secret sauces. All strategies are well known by most options trading professionals, and have been traded by thousands of traders. As to "low risk" trades - many strategies have been presented as low risk (including Karen Supertrader, James Cordier, LJM Preservation And Growth fund and others). We all know that "low risk" can be deceptive. In their backtesting results, they claim 1620% performance in 13 years. Does anyone really believe those kind of returns can be achieved with low risk? Personally, when someone presents those kind of returns and describes them as low risk strategies, and requests a $2,400 payment upfront upfront (with no free trial and no refunds), without a slight hint what the strategies are and how the returns are calculated, I would be very skeptical.
