SteadyOptions provides options education and actionable trade ideas in a complete portfolio approach. We use a limited number of non-directional strategies:
Iron Condors
Calendar Spreads
Butterfly spreads
Straddles and strangles
Pre-earnings calendars
VIX calendars, strangles and diagonals
VXX calendars and diagonals
We discuss key elements for every trade:
Which strategy is appropriate for the specific stock.
When is the best time to enter.
What is the optimal entry price.
Backtesting of previous cycles.
What is the appropriate adjustment.
What is the profit target.
How Theta, Vega and Gamma impact those trades.
How each trade fits the overall portfolio.