Class Details

Class Format

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)

~ A Short Strangle Alternative to the Iron Condor  ~ 

This is one of the unique strategies from within the Sheridan Community.

In this class, Dan Sheridan shares with you how he constructs, trades, and manages the short strangle trade.

This class is a collection of video recordings from the actual live class that was previously offered. Upon purchase, an email will be sent containing login credentials needed to access the archived class page. Purchasing access to a class gives access to all class recordings as well as trade updates, PDF’s, and PowerPoints. Any questions? Email us at

Detailed Course Content

Class #1 With Dan: Short Strangle and Short Strangle Alternative

0- Introduction
2- Outline for today and also this week
4- Short Strangle and Guidelines
50:22- Short Strangle Alternative in SPX
84:20- Live Trade
94:32- END

Class #2 with Dan and Dennis Beers: Dennis shares his experience with the Short Strangle Alternative over the last 1½ years.

0- Introduction
7- Dennis Beers and his story trading this Strategy, along with an example and his Trading Guidelines.
58:21- End

Class #3 with Dan: RUT Short Strangle Alternative, Short Strangle, Short Straddle & AMZN Strangle Alternative

0- Intro and Outline
9:15- RUT Short Strangle Alternative: Wide Iron Condor
17:40- RUT Short Strangle Alternative Guidelines
29:20- Q & A
34:15- RUT Short Strangle
37:12- RUT Short Straddle
39:09- RUT Short Strangle Guidelines
45:47- RUT Short Straddle Guidelines
51:40-Short Strangle Alternative in a Stock: Amazon (AMZN)
53:49- New Live trade for today in RUT and a Review of current Class Trades
61:23 – End

Class #4 with Dan: Double Diagonal Strategy & Long Puts for a Black Swan Event.

0- Intro and upcoming Classes and Chicago Seminar
4:00- Whiteboard Teaching, reviewing both Live Class Trades
8:23- SPX Short Strangle Alternative: Double Diagonal
13:20- SPX Double Diagonal Guidelines
18:15- How to buy a Put for a Black Swan Event
41:09- End