Matt came to options trading through the back of a Technical Analysis book, and has been hooked ever since. After trading covered calls and cash-secured puts on value stocks with limited success, he tried a market-neutral approach in October 2014.
Talk about bad timing!
Having assumed the iron condor was just a flawed approach (later learning that it’s not), he tried out-of-the-money credit spreads, also with limited success. He found a bit of a groove with diagonals spreads on equities, but continued searching for more robust strategies. Then he found his way into butterfly trading and has honed that skill over the past few years and has crafted a number of strategies to take advantage of various market conditions.