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About

Condor Options is a New York-based research and trading firm focusing on market neutral trading strategies. Condor Options publishes two educational newsletters teaching iron condors and calendar spreads, with a focus on risk management and quantitative analysis.

Jared Woodard is the principal of Condor Options. With over a decade of experience trading options, equities, and futures, he publishes the Condor Options newsletter (iron condors) and associated blog. Jared has been quoted in various media outlets including The Wall Street Journal, Bloomberg, Financial Times Alphaville, and The Chicago Sun-Times. In 2008 he was profiled as a top options mentor in Stocks, Futures, and Options magazine, and in 2010 was interviewed for Technical Analysis of Stocks & Commodities magazine. He is a founder and contributing editor of Expiring Monthly: The Option Trader’s Journal. He is also an associate member of the National Futures Association and registered principal of Clinamen Financial Group LLC, a commodity trading advisor.

Frank Caruthers publishes the Calendar Options newsletter (calendar spreads) and also writes for the Condor Options blog. After being an active investor on and off for almost 20 years, Frank left his position as a senior management and information-technology consultant in 2004 and built a career trading equities and options. He began focusing on market-neutral options strategies for generating monthly income in 2006. In addition, he holds a bachelor’s degree in mathematics from the University of Pennsylvania, and currently serves as treasurer and vice president of a small non-profit organization.

Martin Koistinen (research services) has been trading since 1989. Martin is currently an independent risk management consultant working with a number of banks and was previously a software architect for one of Europe’s largest “Design, Build, Operate” firms. This experience, combined with his education in mathematics, has given him expertise in data analysis, computation and optimization, and Martin applies those skills when developing and back-testing strategies.  Martin is based near London and enjoys travel, photography and finding profitable market strategies.

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