Darren Carlat
Darren Carlat is the Managing Director of the Bull Strangle Newsletter, overseeing market research, customer satisfaction, and operations management. He graduated from Washburn University in Topeka, KS, with a Bachelor’s degree in Business Administration and a major in Accounting.
In 1986, he began a 32-year career at Frito-Lay, Inc., a snack food producer and distributor that is part of PepsiCo Inc. Before retiring in early 2018, Mr. Carlat was an Executive in Supply Chain Operations at the company's headquarters in Plano, TX, where he managed demand forecasting, production scheduling, replenishment planning, and other supply chain activities.
Mr. Carlat has developed, programmed, and tested various trading systems for decades.
In 2010, he completed initial development of a seasonal spread trading strategy, which he has continually refined and improved. This trading system forms the basis of all his managed futures programs and is used for his own trading activities.
In 2014, he founded SpreadEdge Capital, LLC, registered it as a Commodity Trading Advisor (CTA), and started offering the program to the public.
In 2018, he retired from PepsiCo and is now dedicated to trading full time and remains one of the largest investor in the Diversified program.
In 2020, he began developing a stock option trading strategy, which he continues to refine and improve. •
In 2025, he launched the Bull Strangle Newsletter, allowing subscribers to trade the same strategy he uses in his personal account.
