Brian Stutland established his own floor trading company, Stutland Equities LLC, in 2002, successfully trading an entire portfolio of stocks, generating returns in excess of 100 percent on his capital. He pioneered the shift to electronic options trading, as Stutland Equities became one of the first Remote Market Makers on the Chicago Board Options Exchange (CBOE), then was a trailblazer in 2006 as he became one of the first traders to take on positions in VIX Volatility futures and options.
Since then, Stutland Equities, LLC, has been able to take advantage of the market's high volatility during the collapse of the housing market and rising oil prices, carrying multimillion-dollar positions to generate returns well in excess of 100 percent on capital. Stutland's wide range of experience, which include making investments ranging from blue chips to distressed companies and even to Exchange seats, along with a record of trading multimillion dollar options positions in turbulent markets, has made him one of the most successful traders at CBOE.
Prior to starting his own firm, while receiving his master's degree, Stutland became a trader with LETCO, one of the principal trading groups on CBOE, where he managed portfolio positions and made options markets for the blue chip and Internet stocks. By 2001, he assumed a new role as an individual Market Maker the day before 9/11, where he successfully traded options on Enron during the extraordinary collapse of that stock. Using his skills suited to volatile markets, Stutland was able to create returns greater than 50 percent on investment capital.
Stutland is a frequent contributor of market commentary to the news media and continues to write a blog with market updates given by he and his employees.
He graduated cum laude in 1997 from the University of Michigan with a B.S.E. in chemical engineering.
Follow Brian Stutland on Twitter @BrianStutland.