Class Details
Class Description: Butterfly options trades come in a variety of styles. Learn about the different types of Butterfly Strategies. Learn how to select the right stocks for the Butterfly, whether to choose Calls or Puts, how wide a Butterfly should be, when and how to adjust your trade, and much, much more! This class will equip you to be a top-tier Butterfly trader.
Class Format: This was an On-Demand Course. Once a student buys this class, an email is then sent, containing login credentials to access the archived class page. Typically, each class runs for four weeks, with two classes each week. Some classes contain additional videos and sessions. Purchasing access to a class gives 6 months of access to all class recordings, as well as trade updates, PDF’s and PowerPoints. Any questions?Email us at info@Sheridanmentoring.com
Class Specifics:
- You are welcome to ask questions directly to Dan or another mentor
- Each class recording is a minimum of 1 hour and includes PDF’s of class materials
- All fees for online classes are deductible towards our GOLD Mentoring Program ($1000 limit) Click Here
Detailed Course Content
Class 1: Butterfly Foundation with Dan Sheridan
2 – Outline
5 – Iron Butterfly Foundation Part 1: Short Straddle
10:35 – Iron Butterfly Foundation Part 2: Adding Long Strangle to Short Straddle
19:15 – Why Transform an Iron Butterfly into an Broken Wing Butterfly?
23:40 – Short Term Iron Butterfly example
27 – Demonstration of putting on Live Short Term Iron Butterfly and a complete Risk Management Plan
1 :21:00 – End
Class 2: The Mango and Adjustments with Jay Bailey
3 – Trade Basics of mango
6 – Trade Guidelines
8:45 – A Look at a Live Mango Butterfly Example and discussion of Risk Management and Adjustments.
57 – End
Class 3: Dan Sheridan talks about 4 Popular Butterflies 9/15/2018
0- Todays Class Outline
2:30 – 4 Step Plan for every trade
4:20 – Directional or Short Term Time Bomb Butterfly and Risk Management
30:50 – The Directional Butterfly above in 6 days
31:30 – Centaur Butterfly
1:00:10 – High Octane Short Term Butterfly
1:21 – End
Class 4: Mark Fenton with the All Put Flat Fly Butterfly
0- Marks live experience with the All Put Flat Fly
4:25 – SPX All Put Flat Fly Guidelines
12 – Adjustments for the All Put Flat Fly
15:50 – Live All Put Flat Fly example with Adjustments
25 – Longer Duration All Put Flat Fly
25:35 – Q and A and Live example of the All Put Flat Fly
57:00 – End
Class 5: Broken Wing Butterfly and Adjustments by Dan Sheridan
0- Class Outline
3:20 – Best Butterfly Width and Best beginning position Deltas
20:30 – Ratio Call Fly with the 1-3-2 structure
31:10 – Stock Butterfly’s
37 – Stock Split Strike Butterfly
39:35 – Butterfly Plan for $10,000 Monthly Allocation
47:30 – Short Term Live Broken Wing Butterfly example
52:99 – Start Of 4 different Butterfly Adjustments
1:06:45 – Live Butterfly Trade and Live execution example
1:34:00 – End
Class #6: Last Butterfly Class by Dan Sheridan 9-17-2018
0- Introduction, outline, and announcements
4:25 – Short Broken Wing Butterfly VS Balanced Butterflies
7:15 – Adjustments
17:30 – Stock Balanced Butterflies
27:30 – Balanced SPX Butterfly All Calls
29:30 – Broken Wing Butterfly All Calls
34:35 – All Put Flat Fly and Risk Management guidelines
59:00 – End
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]