Income-Generating Strategies With Brad Reinard by Gopalakrishnan & Faber
Deceptively Simple Credit Spreads
Brad Reinard, who is editor-in-chief of Monthly Cash Thru Options LLC, has
extensive experience in directional and nondirectional option trading strategies.
He has consistently returned greater than 40% annually in his own personal
trading account since 2002, primarily leveraging out-of-the-money credit spread
and iron condor options on the broad indexes. He has a bachelorís of science
in electrical engineering from Columbia University and a masterís in business
administration from the University of Chicago Booth School of Business.
Stocks & Commodities Editor Jayanthi Gopalakrishnan and Staff Writer
Bruce R. Faber spoke with Reinard on December 11, 2012.
Btelling us about yourself and
how you got interested in trading
I am an electrical engineer by trade.
I worked in the General Electric Spacecraft
Group in New Jersey for three
years and then got an MBA from the
University of Chicago. From there I
moved out to Silicon Valley, and I stayed
in high-tech. My expertise was in chip
design software. I was selling to all the
semiconductor companies like Intel,
AMD, and Fujitsu.
All that time, I was trading stocks.
Even with the day job, I was constantly
trading stocks, especially the high-tech
ones. I was in and out of stocks and did
pretty well, but I kept hearing about options,
so in 1998 I took a training course.
I just started from there.