Dan Sheridan – Trading Weekly Options for Income in 2016

Class Structure
For three weeks, this workshop will be available twice a week.

3/3/2016, Free Webinar Dan will explain what he will cover in class.

This class comprises of 6, 1 hour long sessions.

For three weeks, the class meets every Wednesday and Friday.

Outside of class, you are invited to email Dan or another mentor with your questions.
Each recording will be available to you for at least 6 months. Every session will be taped and stored.
All online class expenses are deductible toward our GOLD Mentoring Program ($1000 maximum).
Learn how to trade weekly options from a 30-plus year options veteran!

Dan Sheridan will show you how he builds, trades, and manages his Weekly Options positions in this seminar.

See the following tentative agenda for this class:

Free Webinar on Thursday, March 3rd.
1st Class Wednesday, March 16: Iron Condors 2nd Class Friday, March 18: Iron Condors: Part 2
Wednesday, March 23rd, 3rd Class: Calendars
Fri, March 25th, 4th Class: Calendars: Part 2
Wed, March 30th, 5th Grade: Butterflies
Fri, April 1: Butterflies: Part 2

Dan will try to put on a live transaction in each lesson that you may see.

Class #1: With Dan Detailed Class Content

NFLX Double Diagonal Discussion

0- Class introduction and information
14:25- Whiteboard chalk presentation on the fundamentals of Double Diagonals and the Iron Condor
40:30- Power Point Presentation on Double Diagonals
81:30- Reviewing a live Double Diagonal Weekly Trade in my Brokerage platform.
120:55- Class ends (Class time 2 hours)

Dino Karahalios teaches class number two.

Topic: Dino’s Weekly SPX Iron Condors

0- Dino’s introduction and description of his road to becoming a successful options trader
12:25- Guidelines Weekly Iron Condor, complete with a risk management strategy and several examples.
85:04- Class ends (1 hour 25 minutes)

Class #3: With Dan

Subject: Weekly Butterflies

0 minute- Introduction, Today’s Class, Announcements
5:15- Examine live Class Trades
20:25- SPX Weekly Butterfly and execution discussion in today’s live Class Trade
38:40- Whiteboard Chalk talk: Big Picture Plan for a $30,000 Portfolio of Option Trades
47:40 – Weekly Butterflies in SPX and my live Weekly Butterfly Trade
52:25- Weekly Butterfly Recommendations
78:05- Discussion of the June Chicago Options Seminar 80:01- Class concludes (1 hour 20 minutes)

Dan’s fourth class

Subject: Weekly Calendars (Beginner, Intermediate, and Advanced Methodologies)

Introduction, today’s class, and announcements in 0 minutes
2:10- Whiteboard Chalk Discussion: Call Butterfly vs. Put Butterfly vs. Iron Butterfly
14:05- Today’s Live Trade: Weekly Calendar and Execution Discussion
43- How Does a Calendar Make Money? ( Beginner Question)
50:35- Whiteboard Chalk Talk: Putting on different Butterflies based on SPX or RUT price levels, as well as my Weekly Butterflies adjustment approach
60:10- Weekly Calendar Guidelines: Methodology #1 for Beginning Traders, Methodology #2 for Intermediate Traders, and Methodology #3 for Advanced Traders.
Class ends at 98:55. (1 hour 38 minutes)

Dan’s 5th class

Weekly Ratio Butterfly is a topic.

0 min- Introduction, announcements, and what we will discuss today
8:25-Whiteboard Chalk lecture : Butterflies and Adjustments
25:25- Review the prior class’s Live Weekly Calendar Trade.
34:35- Jay Bailey’s Weekly Calendar Trades Average True Range Indicator
45- Today’s live trade: Weekly Ratio Butterfly in SPX (Discussed Execution process)
54:10- Butterfly Guidelines Ratio in SPX, including Risk Management Plan and modifications
70:53- End of Class (1 hour 10 minutes) (1 hour 10 minutes)

Class #6: Dan’s Final Class

Class and strategy review, including student Q&A

0 minutes – Introduction
47- Future access to archived materials?
1:55 p.m.- Next Online Class?
2:13- Mentoring through Sheridan Mentoring?
2:43- Live lecture in Chicago in June 2016.
4:25- Which Weekly strategy mentioned in class should I use? OR Which strategy is the best?
5:22- How much money should I invest each week?
5:55 – How many Weekly strategies should I trade every week?
6:15- What kind of returns could I expect while trading these strategies?
8:20- How to Lay a Solid Weeklys Foundation
8:32- What is the best time frame for weekly trades?
9:04- How might Weekly Trades help me diversify my price risk?
9:19- Should I change my Weekly Trades?
10:07- How to Get Good Weekly Trade Execution?
11:16- What are the best vehicles to trade for Weekly Trades?
11:41- How do I get good weekly trade commissions?
14:17- Q&A, What to do with a Weekly Iron Condor when you hit the Max Loss before even hitting one of the Iron Condor’s brief strikes?
16- Question and Answer, Which approach is better for various market conditions?
18:04- Q&A: What are your two go-to weekly strategies?
18:39- Q&A: Would you continue to trade Iron Condors if implied volatility was low?
19:33- Question and Answer: Would I ever trade SPY or IWM for Weekly Strategies?
20:03- Q&A, Do this class’s consumers qualify for any of the discounted pricing Sheridan Mentoring students receive from Brokers?
20:23- Q&A: Is there one approach that should be used above all others?
21:38- Q&A, What should be the next logical step for students who have completed this course?
22:28- Q&A: Do I exit Iron Condors at the Maximum Loss even if the underlying price is inside the lucrative area of the graph between the short strikes?
23:29- Q&A: How can I exit a deal when I have numerous contracts on?
24:50- Q & A, Did any of the six live trades that were placed during this class lose money?
26:53- Q&A, What is the “Sheridan Community,” and what is the purpose of Sheridan mentoring?
29:20- Recap of Class Strategies with an Example: Weekly Ratio Butterfly (from Class #5 on Friday, April 1)
38:20- Class Strategy Review with an Example: Weekly Butterfly (from Class #3 on Wednesday, March 23)
44:38- Recap of Class Strategies with an example: Weekly Iron Condor (from Class #2 on Friday, March 18)
48:55- Recap of Class Strategies with an Example: Weekly Calendar (from Class #4 on Wednesday, March 30)
51:45 – Q&A: How can I change Weekly Iron Condors?
53:30- Q&A and feedback on the new Wednesday Weekly Expirations.
54:08 – Q&A, How to Change a Weekly Calendar?
58:05- Class Strategy Review with an Example: Double Diagonal in NFLX (from Class #1 on Wednesday, March 16)
64:35- Q&A: In a fast-moving market, should I stick to my trade or adjust?
65:25- Q&A, discussion on the freshly announced Wednesday Weekly Expirations.
65:40- Q&A: Why did the NFLX Graph in the preceding Double Diagonal example appear so bad?
66:32- Q & A, How can I determine whether I’m at a Max Loss in the NFLX Double Diagonal example above?
67:30- Q&A: In the above NFLX Double Diagonal example, how do I know when I’ve reached my profit target?
69:09- Q&A: Do you have to go through 1-on-1 training with Sheridan mentoring to join the Sheridan mentoring Community?
68:56- End (1:8:56)