Steady Options Review 2024: Is This Firm Suitable for Options Traders?

Steady Options Review

Steady Options review brings out the worst and the best that this company has to offer. From features to traders’ reviews, we present you with facts so you can make more informed decisions. Instead of wasting your time, we invite you to educate yourself before committing, so you don’t end up with someone like Parenta Financial Services Limited

There are many factors to consider before choosing a reliable firm and unfortunately, many traders are still not aware of them. That is why we write these fact-checked evaluations, to help traders see the core and realize that not everything is as it seems. So keep reading to learn more. 

About Steady Options

SteadyOptions is an educational platform that provides both practical trade ideas and instructions. The intention is to help you improve as a trader by sharing experience. The proprietor, Kim Klaiman, shares real-time trading updates with members based on actual trades. 

The company has been standing for a long time, however, its reputation is anonymous. Besides reviews on the firm’s website, there are none found on networks like Trustpilot or Sitejabber. It seems that despite being established in 2012, they didn’t leave an impact on traders. 

According to the trust score of 36 on ScamAdviser, the company doesn’t seem reliable. Apparently, the website offers data-sensitive services that are hosted on a shared server and have received mainly negative reviews. But keep reading this Steady Options review for more info. 

Company Type Educational Platform
Legal name Invision Community
Regulation Not expected
Registered in 2155 E Warner Rd, Tempe Arizona 85284, United States
Established 2012
Website steadyoptions.com
Financial Authorities Warnings
  • No official warnings
  • Web Form
If a withdrawal is possible Depends on the broker;
  • 2 Services Bundle $1,745/year 
  • All Services Bundle $2,995/year
  • Lorintine Bundle $1,245/year 
  • 2 Years Subscription $2,095
If Active on Social Media:
Investor Protection: None
Activity areas United States, Canada, India, United Kingdom, Spain;
Main threats Lack of transparency and reviews; Too expensive;
Main perks Established in 2012;

Legal Information

SteadyOptions.com like Crypto Arsenal and many other similar companies is not required to obtain a license, as it does not provide financial services. However, they must implement security measures differently. 

To stop unwanted access and defend against any dangers, these precautions include putting security procedures into place and protecting personal data.

An additional level of protection will be once you choose a regulated broker to implement your new knowledge. As Steady Options has no regulatory oversight, choosing a broker that adheres to regulatory rules is crucial for success.  

Steady Options Features

The Steady Options education is decent, to say the least. The firm positions itself as a premium options trading advisory service, providing a unique blend of high-quality education and actionable trade ideas for its users. 

The forum emphasizes non-directional strategies, including earnings plays based on Implied Volatility, Long Straddles, Iron Condors, Calendar Spreads, Butterflies, etc. This approach allows for versatility in various market conditions.

Each trade idea presented by SteadyOptions is accompanied by in-depth discussions on key elements, such as strategy selection, optimal entry times and prices, backtesting of previous cycles, appropriate adjustments, profit targets, and the impact of Theta, Vega, and Gamma, according to the website. 

Steady Options Plans

The Steady Options trading strategies are divided into various plans. You can buy a monthly, quarterly, or yearly subscription that will give you access to the Steady Options login page. The strategies provided are designed to have zero correlation with the stock market. 

This feature ensures that users have the potential to generate profits regardless of the broader market conditions. Here is a breakdown of what to expect: 

Steady Options $147/month

  • 15-20 trades per month
  • 5-7% monthly return

Anchor Trades $109/month

  • 2-4 trades per month
  • Targeting positive annual returns

Steady PutWrite $79/month

  • 2-3 trades per month
  • Targets outperforming the PUT Index

Simple Spreads $87/month

  • 4-6 trades per month
  • 3-5% monthly return

SteadyVol $109/month

  • 2-3 trades per month
  • Targets 50-60% per year

Steady Collars $67/month

  • 2-3 trades per month
  • Targets 60-80% per year

Traders Share Their Experiences

There are no reviews on any well-known networks like Trustpilot, however, we did find a helpful Reddit discussion. Their most common tactic is to purchase straddles or unusual positions before a firm makes a profit, wait for the position’s IV to rise, and then cancel the position before the profit is made to profit from the higher IV. 

The reasoning is that as earnings are near, more and more traders begin to purchase straddles and strangles to speculate on the move after earnings, which most likely led to a spike in IV. According to most traders on Reddit, while the strategy is decent, their trading record seems just too good to be true.

Additionally, according to traders on the Elite Trader forum, the company lacks transparency. After requesting a record of their former trades, he never got a reply. You as a trader, should never ask companies to provide such information as that is supposed to be presented already. 

Payment Options and Process

Membership with SteadyOptions will continue until you cancel it. The only payment methods available include PayPal, Wise, and Wire Transfer. The problem is not paying for the subscription but canceling it, as refunds are not possible. 

Unused time of the subscription term will not be refunded as well and you will have access till the end of your term, despite not using it. In case you don’t like the subscription and you dispute a charge with PayPal, you will be permanently banned. 

Weighing the Pros and Cons

Pros Cons
  1. Strategies with Zero Correlation
  2. Longevity
  1. Lack of Transparency and Reviews
  2. High Subscription Costs
  3. Trust Score and Negative Reviews
  4. Limited Contact Options
  5. No Refunds

Can I Make Money While Trading Online?

The overall experience with Steady Options is not the best. Besides charging for something you can learn for free, the only contact is a web form so if you need something done immediately, you have to wait for them to reach out. In light of this, we would like to recommend a tool that we are 100% certain is reliable and can boost your profit chances. 

AI.F is a potent program that can process a vast amount of data, including past statistics, market news, and many more. It works fast and efficiently while you stay the decision-maker. The only thing you need to know is how to implement insightful recommendations from the bot. 

For 14 days for free, we invite you to test AI.F and its many possibilities, and all that without commitment. Reach out now and book a chance for success without leaving your comfy bedroom. Start your profitable trading journey now with the help of AI.Fundevity. 

FAQ Section

What is Steady Options?

With an emphasis on providing top-notch options trading advice services, Steady Options is an instructional platform that provides traders with useful trade ideas and guidance to help them advance their skills.

How Much Does Steady Options Cost?

The Steady Options plan costs $147 per month. Other products, such as Anchor Trades, Steady PutWrite, Simple Spreads, SteadyVol, and Steady Collars, each have their own price structure. The only free item on the website is the Steady Options blog.

Is Steady Options Worth It?

Although the platform offers trade ideas and education, questions have been made about the pricing, lack of transparency, and general trading experience. You may have more luck using our analysis bot AI.F.

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