Class Details

What you can expect to learn from our new short course: SPX Balanced Butterfly.

Class Description: We are excited to continue in our new On Demand Video Series, which will take a “Deep Dive” into many of our most Popular and Successful Option Strategies! This course is a “Deep Dive” into Balanced Butterflies with Mark Fenton. How he trades it, Risk management, Adjustments, and Practical Examples. 

Our Goal for you is to become a Craftsman of  “Balanced Butterflies”. As with all our courses, you will have a dedicated Class Page with the Videos and Power Point Slides which you will have access to. The most important thing on the student Class Page in my opinion, is the Q and A Button you can click on to Ask questions about the Class Material. This way, you get the teaching, and also the ability to ask Mark questions if you don’t understand something!

In this course you will learn:

– What is a Balanced Butterfly?
– The Spread Greeks
– Risk / Reward Considerations
– Placing Balanced Butterfly Trades
– Risk Management including Upper and Lower Break Even Adjustments
– Volatility Considerations
– Significance of news events
– Marks Day-to-Day Routine in Trade Placement Management
– BONUS Video Just added by Dan 7/2/22 – Dan’s Perspective of the Terminator Butterfly (What he calls the Balanced Butterfly!

Mark Fenton was a Sheridan Mentoring student before join the SOM staff as a Mentor. Mark has been passing on his knowledge for over 15 year at Sheridan and is excited to bring this in depth look at Calendars!

Class Format: You get Immediate access to this is a Pre-Recorded On-Demand class! Once a student purchases this course, an email is then sent, containing login credentials to access the archived class page. Purchasing access to a class gives at least 6 months of access to all recordings, as well as PDF’s and PowerPoints.

Any questions? Call us at 800-288-9341 or jump into the live chat in the bottom right corner of your screen or you can email us at

Class Specifics:

  • 1.5 hours of recordings archived for your review.
  • 20 slides in PDF.
  • You can email questions directly to Mark with your “Ask Mark a Question” button on your archive class page.

Important Notice- Course Materials Disclaimer

The course offering can change at any time at Sheridan Options Mentoring’s Discretion. Any changes to this Educational Program will be posted on the web site, which will serve as notification of any changes. Dan Sheridan’s classes are for Educational purposes only. We are not an advisory service, nor do we guarantee any kind of return on investment. Sheridan Mentoring does not offer refunds on online class purchases.

Important Notice- Risk Disclaimer

Futures & Stock options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and stock options markets. Don’t trade with money you can’t afford to lose. This is neither a solicitation nor an offer to buy or sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The pas performance of any stock option trading system or methodology is not necessarily indicative of future results.

Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual stock option trading. Also, since the option trades have not actually been executed, the results may have under- or over- compensated for the impact, if any, certain market factors, such as lack of liquidity. Simulated stock option trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.[/vc_column_text][/vc_column][/vc_row]