Humble

All current members of any of our services will have free access to the new service for a month. Then we will start with a low introductory rates. The service will be included in the Lorintine bundle and all services bundle at no extra cost.

Those who replied here, can you please also vote on the poll - https://steadyoptions.com/forums/forum/topic/9018-new-lorintine-strategy/

Just posted a poll - https://steadyoptions.com/forums/forum/topic/9018-new-lorintine-strategy/

Further to Chris post https://steadyoptions.com/forums/forum/topic/9017-new-trading-strategy/

Member of the month award for May goes to @tooriginal for his continuous contribution of trading ideas and analysis.

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You can roll to higher strike if you believe that the stock is going higher. I would definitely not close them because you would be closing for a loss (likely), and if the stock retreats, nothing will protect it. If you let them expire, they would be automatically exercised and be offset by the long stock.

Member of the month award for April goes to @zxcv64 for his continuous stream of new trading ideas.

Member of the month award for March goes to @mccoyb53 for his continuous contribution of trading ideas.

25 years ago, chess computer Deep Blue won a match against Chess World Champion Garry Kasparov. Many were saying this is the end of chess game as we know it. 25 years later, chess game is alive and beating, including new generations of World Champions, competitions, etc.

Very true. It's important not to lose perspective, but some people are not able to look beyond the last 5 trades..

Member of the month award for February goes to @poseidolginko for his continuous contribution of trading ideas.

I would recommend reading Debunking The "Trading Options For Income" Myth There are many crooks that will make you to believe that you can generate a consistent income trading options. Options trading is NOT an income producing strategy. If you want a consistent stream of income, buy dividend stocks, rental properties, bonds etc. When you are trading options (or any other instrument), there will be losing weeks, losing months and sometimes even losing years, no matter how good you are. If you see someone promising you a consistent stream of income from trading or investing, they are probably doing something similar to Bernie Madoff. Also, trading is a business. As in any business, prices are involved, and our profitability of success will always depend on our ability to get good fills. Every business revolves around this cost equation... If getting good prices was so easy, there wouldn't be any markets/any business. So there is no such thing "trades that are not as dependent on entry and exit prices" Sorry to be blunt, but I always tell people the truth, and not what they want to hear. If you want to succeed in trading, you must put time and effort. Otherwise just buy index funds.

Could be due to rounding error because we post only 1 decimal number. For example, January was actually 1.51, we posted 1.5. February 5.64 we posted 5.6.

Model portfolio is $25k not $10k, and Nov. return is 0.2% not 0%. 0.4% was calculated by my spreadsheet.

Member of the month award for January goes to @t'pee This member became one of the key contributors of our community with a lot of trading ideas and valuable commentary, and recently graduated to a the Founding Member of SISP 😀. Well done!

Luck is not only a perfectly acceptable path to successful trading, it can easily be described in such a fashion that others get the mistaken impression that it was intentional. @Ringandpinion

This is your interpretation..

Not sure why you are posting here. this is SO topic not SS. Anyway, SS has a new manager since the beginning of 2022, and we revised the stock selection and the risk management. I'm sure SS will have an amazing performance when the next bull market comes, but it already saved the members tons of money during the bear market of 2022.

Going back to this question from 2 years ago, I believe 2022 provided a very convincing answer. While S&P 500 was down 20% and Nasdaq 33%, our SS model portfolio produced a 2.1% gain. Considering the bear market, and the strategy being a leveraged bullish strategy, I would consider this result beyond amazing. Thank you again @krisbee for navigating the trades through this challenging market!

2022 Performance By Strategy Many thanks to @krisbee for compiling the report!

Member of the month award for December goes to @TrustyJules Probably doesn't surprise anyone, but end of the year is a good opportunity to recognize once again the tremendous contribution of this gentleman. This community wouldn't be the same without him.

Thank you @Yowster for the excellent summary! To put things in perspective, we had 215 trades in 2022, lower than our long term average, and average holding period was just 3 days, due to higher IV and higher risk. It means that we utilized only around 20-30% of the portfolio on average, with the rest in cash. 90% return that we reported was on the whole portfolio - if we reported return on invested capital (like other services do), we would be reporting over 300% return. Thank you again to everyone for their support, and of course special thanks to our contributors @Yowster @krisbee @cwelsh @Jesse and @SBatch We would like to wish everyone Happy Holidays, Happy New Year and healthy and prosperous 2023!

Member of the month award for November goes to @ChrisE mostly for his contribution to the SPY discussion.

Well, some of the open trades were in red, but we were waiting for recovery. The main risk management is position sizing - we usually don't allocate more than 50% of the account. But yes, the strategy is up1.5% YTD while the markets are down 20-25% - I would say it's pretty good, considering that this is a LEVERGED BULLISH strategy.