SIM HUB
The central point of implementing the Snider Investment Method. The SIM Hub connects our clients to their broker creating a unique synergy between our clients, their broker, and our investment guidance.
Stress-free implementation of the
Snider Investment Method
The SIM HUB connects all the proprietary software tools and resources that help our clients successfully utilize the Snider Method. There are five key areas of the SIM HUB software, Stock Selection, AutoPilot Trading, Performance Reporting, Education, and Account. All together, the SIM Hub is the focal point to connect, design, trade, and measure your Snider Investment Method portfolio.
Stock Selection
One of the most critical components of any stock market investment strategy, the SIM Hub stock selection process focuses on finding positions the will work best for the Snider Investment Method. It includes all the filters to evaluate a company’s financial health, portfolio diversification, and sorting the stocks for the optimal income immediately.
RapidRatings’ Core Health Score and Financial Health Rating provide our stock selection process with a forward-looking, objective view of a company’s financial health and risk of default. RapidRatings’ unbiased score from published financial statements is the initial and critical component to building a financially strong portfolio.
Our own proprietary measure of a stock’s volatility, the SIM Score identifies companies that make good Snider Method positions. With covered calls, we must strike a balance between enough volatility to generate a good income without wild swings or declines in a stock’s price.
Diversification
Our stock selection tool uses three different measures of diversification to ensure our clients’ portfolios are well-rounded. They include:
Sector diversification categorizes stocks into 10 high-level areas of the economy. By diversifying across different sectors, investors can potentially achieve a more stable and consistent performance over time.
Industry diversification is a further refinement of sector diversification. With over 150 different industries, this measure helps us avoid investing in stocks with nearly identical lines of business.
Position diversification is often overlooked or not considered. However, you should not have one stock that dominates a portfolio. We put strict limits on the size of individual positions within a portfolio.
Ranking Positions: INCOME
Once we’ve narrowed down the list of good candidates for the Snider Investment Method, we must rank the stocks from top to bottom. The deciding factor is simple: the amount of income we can earn today. At this point, we look at all stocks as equals and do not attempt to speculate which stock will do better or worse in the future. We seek to invest in the stock which will pay us the most income immediately.
Percent Downside Protection
Officially, this gives you the percentage a stock can decline without losing money on a covered call. It is calculated by taking the call premium divided by the market price. However, it also tells you which stocks have the highest option premiums relative to the stock’s current value.
Dividends
Our stock selection process gives preferential treatment to dividend-paying stocks. Although a majority of our income is earned through option trades, dividends are an added income benefit to owning a stock. It also represents a fiscally responsible company that make great investments.
AutoPilot Trading
( Exclusively available at TradeStation )
Put your Snider Investment Method trades on AutoPilot with our proprietary portfolio management and trading software. You still have the control to place all your trades, but AutoPilot suggests every trades and walks you through the implementation of the Method each month. It will reduce your time spent trading, avoid any chances of missed trades, and significantly reduce the possibility of mistakes.
Top Features of SIM HUB's AutoPilot Trading
Higher Withdrawal Rates
AutoPilot calculates the best covered call combination. Then, it generates each option order form, prefilled with all the important fields complete. For option orders that includes the option’s expiration date, strike price, and limit price. You will never be confused by the complex option trading jargon.
AutoPilot is a trade wizard walking your through every trade for all of your Snider Method stocks. Never miss a trade and never skip a position, with AutoPilot you confidently trade the Snider Investment Method step-by-step.
Performance Reporting
Many trading education firms teach their clients techniques and strategies for different situations, but stop short of helping them track their success or failure. We believe recordkeeping and performance reporting are a critical part of implementing any investment strategy.
Each month, know exactly how much your account earned. Get a detailed look at option premiums earned, interest, and dividends minus fees to give you the most accurate representation of your results.
Get a snapshot of your annual performance. See all the important figures at one quick glance. Detailed tracking of income, growth, contributions, withdrawals, limit improvements, fees, and much more.
We record and track every trade.Nothing goes unaccounted for. Know exactly what you paid for each of your shares as well as the option premiums earned, dividends paid, and gains or losses on stock sales.
We track all the activity in your entire account, not simply the trades. Interest and dividend payments are important factors of our monthly performance. Deposits and withdrawals often get forgotten, we track every line of account activity to provide a crystal clear picture of your results.
Education
The centerpiece of the Education section of our SIM Hub is the Snider Investment Method Online course, but you can find all our educational resources here.
Each month, know exactly how much your account earned. Get a detailed look at option premiums earned, interest, and dividends minus fees to give you the most accurate representation of your results.
We give our clients full access to all our educational resources. We don’t have advanced courses or more classes after the Snider Method Online Course. As long as you remain a client, you have access to our latest course and all the supplemental materials.
Our Trade Day Checklist has been guiding our clients through their trades for over 20 years. It, along with our other library of guides, will provide you with easy instructions on handling any issues with your account.
Get a snapshot of your annual performance. See all the important figures at one quick glance. Detailed tracking of income, growth, contributions, withdrawals, limit improvements, fees, and much more.
Account Management
As your investment advisor, we are responsible to know our clients and stay up-to-date with their financial situation. These details are crucial in order for us to fulfill our fiduciary duties for you.
Manage Your Profile
Keep your contact information current. Your email address will be our primary way for communication, but we also need to know your residential address to conform with our SEC regulations.
Verify Suitability
We must know and stay informed about important aspects of your financial situation to ensure the Snider Method is appropriate for your investment needs. This includes an annual update to confirm or change your data.
Update Services and Billing
It is easy for clients to start, stop, or change services. With three levels of service, CoPilot, AutoPilot, and Charter Asset Management, there is always a service level to meet your needs.
Get Started
We pride ourselves on empowering both beginner and experienced investors. As covered call advisors, we use our extensive knowledge to train our clients to write covered calls and boost the income from their portfolios.
