Facebook Twitter
Now With Over 23,000 Reviews!
Sign up now

SteadyOptions

TOP 10
https://steadyoption..
Category: Newsletters

SteadyOptions is a combination of a high quality education and actionable trade ideas. Our style is non-directional trading. We aim for steady and consistent gains with a high winning ratio and limited risk. Our focus is on trading Earnings-Associated Implied Volatility rise, Iron Condors, Calendar spreads etc. Our performance is based on real fills, not hypothetical performance.

Filter reviews by
Page:   ... 15
Displaying 141-150 of 165 Total Reviews
As FAR from the Holy Grail as possible!!
Being a current subscriber, I respect many aspects of Kim Klaiman’s leadership as well as the community and newsletter he’s established in Steady Options. Of all the newsletters, forums and blogs I’ve tried Kim is very quick to answer any/every question posed by a member. Further, he usually does so within an hour! Impressive. The forum community is generally very amiable and willing to help. If one desires to learn about and discuss the various non-directional strategies Steady Options employs the group is excellent.

That said, I trade to make money, but it just isn’t happening at Steady Options. I also joined Steady Options because of the stellar, “verified” returns that they advertise. Lastly, I joined due to the reviews here, on Investimonials. As a side note, the Investimonials “Top 10” ranking is conspicuously placed at the top of the Steady Options home page just under the impressive ROI their alerts boast. After experiencing the service first hand, however, I don’t believe the rave reviews I find here.

One reviewer actually stated that Steady Options was "as close to the Holy Grail as possible!” That’s a big claim. Here’s the thing: the reviewer who wrote that did so in July of 2013, which tells me it was, in my opinion – questionable at best. As I write, I am finishing my second month (not including the trial) with Steady Options. As such, I was there through July 2013. It was some of the worst trading I've seen. Kindly read what follows and decide if Steady Options is the Holy Grail that this and others rave about.

Here are just three (very recent) Steady Options trades:

May 31, 2013: AAPL calendar spread

65% drawdown; Posted loss after closing - 35%; Actual loss experienced including the cost of the “too little, too late” adjustment - 49% with a 10% portfolio allocation (which is what SO recommends).

Steady Options AAPL trade rationale: "How low can it go?!" or "Implied Volatility can't possibly stay this low!"

In my opinion, staying in a bad trade and throwing good money after bad because "it just can't go any lower!" is an amateur's move that any first year trader can accomplish without Steady Options coaching him to do as much. Further, Steady Options didn't follow their own trading rules. Why? Because… "it's just sooo oversold!" Again, rank newbie trading. What good are rules if they’re not followed? None. In the same way, what good is a service that teaches people to ignore their trading rules? You don’t need me to tell the answer.

June 28, 2013: RUT Iron Condor

Still open with ~40% loss and running.

Steady Options RUT trade rationale: “…RUT looks really stretched and overbought here with RSI at 74, highest level for a long time…”.

Rather than determining the risk up front, trading with rules including predetermined adjustments and using stops Steady Options just lets losses accumulate. Unlike AAPL, however, where the rationale behind letting the loss build was, “How low can it go?!,” with the RUT iron condor the rationale is - “How high can it go?!”

July 1, 2013: VIX Butterfly:

100% loss and rolled to August. The August (rolled) butterfly is now down ~50%. Again, rules not followed...Kim mentioned a “mental stop,” but he didn't follow it.

In conclusion, in the May, AAPL calendar “trade discussion” thread (in the members section) many members discuss being unable to match the posted returns (which are “verified”). Further, many of them are down by a significant percentage portfolio-wide while the service continues to post exceptional gains. One member noted being down by 15% on his total portfolio after 4 months of following! Keep in mind that the trades listed above are just 3 trades in the last two months.

Is this service “as close to the Holy Grail as possible?” You decide. Are such “reviews” trustworthy? You decide. Does Steady Options even belong on the Investimonials “Top Ten” list? Again, you decide. As for me, having experienced the service first hand - I will not be renewing my membership with Steady Options. Finally, I cannot in good conscience recommend Steady Options. There are cheaper ways to learn non-directional options strategies - and I’m not simply referring to the monthly fee.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
3 of 12 people have found this review helpful.
Embed Permalink Report
Was this review helpful?   Yes   No
25 Comments on this Review
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.

User’s Review Ratings
Overall
Accuracy
Value



As close as you get to the holy grail
I've been a subscriber of SteadyOptions since early 2012, and have thoroughly enjoyed the service. The professionalism of the forum is top notch, and is accessible for many different types of investors.

The strategy suits my schedule well, as I am not always at my desk. It is also well suited for accounts with day trading restrictions. The Daily Update is in my mind the most valuable component of the service, as it provides a quick synopsis of existing and future trades.

Novice investors can use the service to follow trade alerts, while seasoned investors can dive into the rich library of education.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
5 of 7 people have found this review helpful.
Embed Permalink Report
Was this review helpful?   Yes   No
2 Comments on this Review
Review Updated
The best keeps getting better
I originally submitted a review in July of 2013, and this service has evolved immensely during that time. The earnings trades have been the bread and butter of the service, but the additional styles and offerings have really put this in a league of its own. Kim is continuously testing new trade ideas to adapt to every trade environment.

There is truly something for everyone here as the Steady Options trades cater to the active investor, while the Anchor Trades and Steady Condors are lower maintenance and target longer term investors. Perhaps one of the most enlightening offerings is the LC Diversified portfolio, as it gives an all-weather life-time portfolio built to withstand any market condition. The best part of LC Diversified is that it's free with one of the 3 mentioned services.

While I am a less active investor, this site is an integral part of my day. Highly recommended!

This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.

User’s Review Ratings
Overall
Frequency
Accuracy
Value



Best education on options I ever had.
I have been a member for over 1 year. Over the last 12 month, my understanding of option greeks, intrinsic/extrinsic value, option volatility and other technical terms have increased tremendously, thanks to SO and Kim(owner).

Every trade is discussed, and documented. Members get a list of key items that will be purchased following week. Each member can ask questions, and typically receives the answer the same day.

Once can trade even with a very modest size portfolio.

HIghly recommend.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
6 of 8 people have found this review helpful.
Embed Permalink Report
Was this review helpful?   Yes   No
1 Comment on this Review
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.

User’s Review Ratings
Overall
Frequency
Accuracy
Value



a great educational source and community
I have been a part of SO since April 22 of this year. So far, I have learned far more from SO than anywhere else for event-driven trades like pre-earning straddles/strangles. In my opinion, the educational value of SO far outweighs the price of admission.

Another part i really like about SO is the community. There are many smart people that make up the community and many of them actively answer questions, from the simplest newbie questions to more complex trading strategy questions. Kim also answers every question that is posted.

I believe the educational and community value is worth the price of admission.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
6 of 8 people have found this review helpful.
Embed Permalink Report
Was this review helpful?   Yes   No
4 Comments on this Review
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.
Mikescool Toronto, Ontario

User’s Review Ratings
Overall
Frequency
Accuracy
Value



Excellent Options newsletter, good strategy, good education
This is a great place to start trading options. Good trades, transparency and documented reasons for every trade.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
7 of 9 people have found this review helpful.
Embed Permalink Report
Was this review helpful?   Yes   No
4 Comments on this Review
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.
Showscots Calgary, AB

User’s Review Ratings
Overall
Frequency
Accuracy
Value



Great Options Service - educational, profitabel, transparent
I have been following SteadyOptions for a while and I have been impressed not only by the performance, but also by the educational value of the service.

Kim is a very professional and capable trader who offers education on options trading on top of a very profitable trading strategy. It does take a while to fully understand the concept, but if you manage to follow Kim's alerts, it is not too hard to be profitable quickly. He does stress, however, that the goal is to learn the concept in order to trade independently. The strategy is definitely in an interesting niche that is a great alternative to other directional or spread-trading strategies of other newsletters.

The only element that is hard to follow and fully understand (at least for me) are the index trades that complement the non-directional stock option trades. Kim does a lot of adjustments and the trades get confusing sometimes. I do follow these trades to undrstand the logic and math behind them with paper money, which is what I would advise beginners to do as well.

Last but not least, SO has a great community of traders that proacitvely share advice and insights.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
7 of 8 people have found this review helpful.
Embed Permalink Report
Was this review helpful?   Yes   No
2 Comments on this Review
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.
Uli808 Buchholz, Niedersachsen

User’s Review Ratings
Overall
Frequency
Accuracy
Value



Great option newsletter
I think it's a great options news letter where you can make money with the profitable trading strategies. Importantly, you also get to learn a lot about options trading due to the active participation in the forums by the creator of the news letter and other members. In short, It's a great value for the money.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
6 of 7 people have found this review helpful.
Embed Permalink Report
Was this review helpful?   Yes   No
1 Comment on this Review
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.
Rjmath fsfsfsa

User’s Review Ratings
Overall
Frequency
Accuracy
Value



Excellent value
I have been a member of SteadyOptions for almost a year. I can fully confirm what other reviewers wrote. I think that few things make this service so valuable:

1. The community. Basically, you feel that you are never alone. You can also ask questions, no question is too stupid, and questions are usually answered by Kim or one of the other senior members within minutes.

2. The transparency. All trades are posted on the performance page, and all trade alerts include screenshots with real broker fills.

3. The education. You not just follow the trades, Kim makes sure that you understand the rationale behind the trades. There are also posts from Mark Wolfinger which have great educational value.

4. Last but not least - the performance. Even considering the commissions and slippage, I'm able to generate around 4-6% per month on average.

Bottom line: highly recommended.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
5 of 6 people have found this review helpful.
Embed Permalink Report
Was this review helpful?   Yes   No
3 Comments on this Review
Review Updated
Continues to deliver
The service continues to deliver great results. 20% in March and 30%+ in April. At $99, it's a steal. You won't be able to find a better value.

This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.

User’s Review Ratings
Overall
Frequency
Accuracy
Value



A Great Service for Non-Directional Options Traders
I've been a Steady Options member from near the start, and a follower of the owner, Kim Klaiman's writing on SeekingAlpha before then.

It has historically focused mainly on short term earnings trades, but has recently branched out to other non-directional trades.

There are a couple of things that make Kim and his service stand out from the rest:

1. Great Performance

You can't argue with 150% returns in 2012. All real and documented trades.

2. Active community

Lots of knowledgeable members posting regular updates on trades (including an option daily alert from Kim)

3. Analytical

There's a rigour to the direction of potential trades, and their results, often lacking in other sites.

4. Good writing

I think I appreciate this one the most. The site covers some pretty demanding material but Kim has a real skill in being able to explain complex points clearly.

Anyway, don't take my word for it. If you want regular trade alerts on trades that work, and learn in the process, join (us).

Chris Young

Editor, Epsilon Options

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
5 of 6 people have found this review helpful.
Embed Permalink Report
Was this review helpful?   Yes   No
2 Comments on this Review
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.

User’s Review Ratings
Overall
Frequency
Accuracy
Value



Just Amazing
For starters, I highly recommend this site. SteadyOptions is top flight and superb. No matter if you have just started learning about options, or if you are an experienced options expert you will find Steadyoptions to exceed your expectations. (Anybody who says otherwise just straight baffles me). Anybody can tell you do "do this" or "do that" and then leave you to give it a go. That is not the case with SteadyOptions. The site is a tremendous educational resource.

I have to agree with the other reviews that were previously posted. You really are able to look over the shoulder of an options expert. But what I found to be even more impressive is that the owner of the forum responds so quickly when you are stuck with a concept. I am certain, especially when I started, that I had more than my fair share of questions. Yet, Kim patiently answered all of my questions and made certain that I knew the foundations of the concepts.

There are no pie in the sky promises and no gimmicks with steadyoptions. Instead the education is sound, reasoned and rationale. I am one who is rarely impressed. Yet, with steadyoptions I am not only impressed, but I am impressed by steadyoptions weekly if not daily.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
5 of 8 people have found this review helpful.
Embed Permalink Report
Was this review helpful?   Yes   No
3 Comments on this Review
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.

User’s Review Ratings
Overall
Frequency
Accuracy
Value



Page:   ... 15
Displaying 141-150 of 165 Total Reviews
Recommended For
 
Investimonials Sponsors
 
Similar Products to Review
 
Featured Investing Products
  
  
  
  
  
  
  
  
 
Users of SteadyOptions