Advanced Butterfly Class - ARCHIVES ONLY!
Contact us at 800-288-9341 or info@sheridanmentoring.com if you have any questions.
Overview
How to bring in Monthly income with Butterfly SpreadsTHIS DOES NOT INCLUDE ACCESS TO ANY LIVE CLASSES!
Details
- Learn from recorded classes that you can download or watch with streaming video
- You can access the recorded materials for six months!
Price $697 USD
100% of course fee can be applied to the LIVE Advanced Butterfly Class within one year from you date of payment
100% of course fee is deductible from the full mentoring program within one year from you date of payment
Price $697 USD
Advanced Butterfly Class Outline
| Class 1 | Spread Overview and How the Greeks Affect the Butterfly |
| Overview of the Iron Butterfly, Broken Wing Butterfly and Speculative Butterfly. How the different Greeks affect the Butterfly. | |
| Class 2 | Butterfly Mechanics and Live Trade Execution |
| What vehicles to trade? When to put on Butterflies? Width of the strikes? Live trade execution? Commissions? Price chart considerations. Butterfly versus Calendar versus Iron Condors. Which is better? | |
| Class 3 | Risk Management Plan for the "Fly" |
| Initiating Butterflies: All at once or scale into the trade? What type of Butterfly to put on? Profit and Loss targets? Adjustment points? How much capital to employ? | |
| Class 4 | Adjustments - Part 1 (also: when to adjust) |
| Condorizing the Butterfly, adjusting with vertical spreads, adjusting with long options, narrowing butterflies on one or both sides to reduce price risk. | |
| Class 5 | Adjustments - Part 2 (also: when to adjust) |
| How to properly scale into butterflies, managing butterflies by the Greeks, adding Calendars and Diagonals to adjust butterflies. | |
| Class 6 | Speculative (Time Bomb Butterflies and Broken Wing Butterflies) |
| When to place these versions of a butterfly and how to manage them. | |
100% of course fee is deductible from the full mentoring program within one year from your date of payment