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Detailed Class Session Annotations
Class #1: Greeks of Short Term Trades. Our Philosophy of Short Term Trades and our 4 Step Risk Management Plan.
3:00- SPX Weather Conditions the last year
11:20- VIX weather conditions the last year
13:35- Short Term Strategies Trading Plan
30:10- Butterfly Example for a Short Term Trade
45:20- Iron Condor Example for a Short Term Trade
47:30- Double Calendar example for a short term trade
50:30- Trading Plan for the next 2 weeks
52:45- Demonstrating a Live Butterfly Trade with Dan’s 4 Step Risk Management Process
Class #2: Iron Condors and Credit Spreads
Intro 1- Class Page, Live Options Event in Chicag0 May 31- Jun 1
4:45- Quick review of live Butterfly class trade #1 from Class 1.
9:35- Slides on Short Term Iron Condors and Risk Management
49:55- Putting on Live Class Trade Iron Condor
Class #3: Calendars and Double Calendars
0- Intro, talked about annotation of classes on the class page and the Chicago Seminar in Chicago May 31 and June 1.
3:15- Review of Class Trade #2 Iron Condor
7:55- Balanced versus Unbalanced Butterfly Trades
23:40- Calendars in RUT
49:19- Today’s Live 15 Day SPX Butterfly Trade
Class #4: Butterflies
0- Intro discussing the class page and The Chicago Seminar May 31-June 1
4:45- SPX since this class started
8:30- Summary of class trades so far
11:20- Review of Class Trade from last class
15:35- 10 Day SPX Double Calendar with Risk Management Guidelines
31:30- Cheaper Way to do a Double Calendar?
41:25- 10 day SPX Iron Condor
45:50- Question on Double Calendars and Decay
46:35- Live Trade for Today: SPX Double Calendar
Class #5: Adjustments and Risk Management
0- Intro and Today’s Outline
2:20- Review Live Class Double Calendar Trade
12:50- 15 Day Live Butterfly Candidate All Calls with 40 Wide Width
15:50- 15 Day Live Butterfly Candidate All Calls with 30 Wide Width
19:40- 15 Day Live Butterfly Candidate All Calls Broken Wing
21:10- 15 Day Iron Butterfly
24:00- Adjustment Considerations Iron Butterfly versus All Call Butterfly
28:00- Double Diagonal and Risk Management Guidelines
40:05- Today’s Thursday Live 15 Day Butterfly Trade
Class #6: Designing a Plan for 3K Monthly on $25,000. That’s 3% per week.
0- Intro and announcements
4:10- SPX and VIX Perspective as we look at Trades Today
7:20- SPX environment for this Short Term Strategies Class, the last 3 weeks.
14:15- Plan for the next 8 Weeks, May 1 to June 21
28:55- Put Credit Spreads
35:45- 3 Ways to Adjust on the Downside
39:35- What trade would we put on today?
40:35- Example of Live Trade for Today
44- Live Iron Condor for Today
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.