I signed up for the service optionscholar.com I mentioned in an earlier post and it is quiet interesting. The service specializes in day trading reverse iron butterflies. I have not heard of many people doing this. This morning they made 2 trades each for 12.2% return. The first trade was in a matter of minutes the second about an hour. Is anyone familiar with reverse iron butterflies? I feel it is a trading strategy often overlooked. I know they are designed for volatility but they virtually got in and out with out any movement.