Class Details

Class Format

This class meets live twice a week for two weeks. 

Class starts Wednesday, March 8th at 1pm CT

This class consists of 4, 1 hour long sessions.

Class meets every Wed and Fri, normally at 1pm CT, for 2 weeks.

  • You are welcome to email questions directly to Dan or another mentor outside of the class time.
  • You will have full access to each recording for at least 6 months. Each session will be recorded and archived.
  • All fees for online classes are deductible towards our GOLD Mentoring Program ($1000 limit)

The Double Barrel Calendar!

This is one of the popular strategies in the Sheridan Community.

In this class, Dan Sheridan shares with you how he constructs, trades, and manages his Double Barrel Calendar Trade.

See the Tentative agenda for this class below:

  • Free Webinar Wed Mar 1st at 1pm CT. 
  • 1st Class Wed. Mar 8th: with Dan
  • 2nd Class Fri. Mar 10th: with Dan
  • 3rd Class Wed. Mar 15th: with Mark Fenton
  • 4th Class Fri. Mar 17th: with Dan

Detailed Class Content

Class#1 with Dan: The Double Barrel Calendar
Structure, Greeks, and Live Trade example of a Double Barrel Calendar

0- Intro Outline
5:45- Whiteboard presentation of the foundation of a double calendar
13:45- Double Calendar Example and discussion of the Greeks and how to structure the calendar
39:10- Example of Double Calendar when implied volatility increases.
43:35- Different example of “set ups” for the Double Calendar
47:00- Q&A on structuring double calendars
55:27- Live Trade #1:SPX was around 2370. Bought 1 Apr 5 2390 Call and Sold 1 Mar 22 2390 Call.
Bought 1 Apr 5 2350 Put and Sold 1 Mar 22 2350 Put .Debit of $14.05 and Margin or Risk of $1405
1:07:30- 4 step risk management process
1:11:35- 7 adjustments for double calendar
1:38- END

Class #2 Double Barrel Calendars: Discussion of a Variety of Different Double Barrel Calendars

0- Intro
1:05- Q and A
10:10- Class Outline for Today
14:35- Review of previous Class live trade (2 days ago)
24:45- SPY Double Barrel Calendar
28:50- RUT Double Barrel Calendar
31:40- RUT Wide Double Barrel Calendar
36:50- Earnings Double Barrel Calendar
42:55- Double Barrel Ratio Calendar (1 side)
52:00- Half and Half Double Barrel Calendar
58:55- Double Barrel Calendar in High IV Environment
61:35- Announcement and discussion of Sheridan Mentoring Live Seminar June 15-16 , 2017 in Chicago
68:00- Live Trade for Today’s Class: RUT Double Barrel Calendar, filled at $17.39 Debit
84:20- Final Comments
85:23- END

Class #3 with Mark Fenton:

0:00- Introduction
2:00- What is a double calendar and how does it work?
5:00- When to use a double calendar
8:00- The structure and entry and execution of a double calendar
17:00- Adjustments
20:00- Graphic illustrations of set up and adjustment
32:00- Live examples of double calendar set up and entry
46:00- Q&A – END

Class #4 with Dan: Centipede Adjustment Process

0- Introduction
3:23- Centipede Adjustment Process for the Double Barrel Calendar
19:30- Centipede Adjustment Guidelines
24:20- Q and A
36:22- 4 Step Risk Management Process applied to the Double Barrel Calendar (including Risk Management and Adjustments)
51:50- Q & A and Final Thoughts
58:53- END