Advanced Iron Condor Class for Monthly Income
Contact us at 800-288-9341 or info@sheridanmentoring.com if you have any questions.
Details
- Classes are recorded that you can download or watch with streaming video
- You can access the recorded materials as long as we are in business!
- You can access any future live classes for this class
Price $997
Advanced Iron Condor Class Outline
| Class 1 | Condor Philosophy and 3 types of Condors- Which is best for you? |
| Keys to winning yearly with the Condor. High Probability Condor ( 80 % probability of profit at expiration . Low Probability Condor( 65%-70% probability of profit at expiration) , Split strike butterfly condor ( 55%-65% probability of profit at expiration). Dan will also discuss how you can determine which Condor style fits you the best. Finally, Dan will discuss the role of standard deviations and the VIX in turning condor trading into a career. | |
| Class 2 | Three methods of executing, planning, and managing the High Probability Condor |
| Dan will talk about three separate plans for trading and managing the high probability condor. Dan will discuss the no touch plan, the plan with the silver bullet, and finally the rolling plan. Dan will also address the issue of buying insurance at the beginning of the trade and whether to put the entire position on at the beginning of the trade, or scale into the trade | |
| Class 3 | Four methods of executing, planning, and managing the Low Probability Condor |
| Dan will discuss the scaling adjustment method, long calls and puts adjustment method, scaling adjustment method, and rolling adjustment method of low probability condors. Dan will also show you how to combine one or two different methods together. | |
| Class 4 | Four methods of trading the split strike butterfly condor |
| Dan will discuss four methods: scaling, no touch, rolling, use of longs when adjusting, and how to combine the different methods depending on how the market is acting. | |
| Class 5 | Unbalanced Condors and determining the right size |
| Dan will discuss how to eliminate or greatly reduce your risk in the market direction your most concerned about by using unbalanced condors. He will also talk about how to determine your proper condor size. | |
| Class 6 | Managing a Condor strictly by the Greeks |
| This advanced method of managing the condor relies on a thorough understanding of how all the Greeks interact. Dan will do a case study of how he manages Condors by the Greeks over a 3 month period. | |
NOTE Each session will conclude with a case study where Dan will trade each method for one month in his backtesting software. This will help you see how to practically put together all the rules and guidelines Dan will be sharing in the course
100% of course fee is deductible from the full mentoring program within one year from your date of payment
Price $997