Dan Sheridan 2011 Calendar Workshop – Sheridan Mentoring

Course Overview

Dan taught a new five-week class that focused on sharpening your skill as a Calendar trader. He put on 8-10 calendar paper trades in Dan Sheridan 2011 Calendar Workshop by Sheridan Mentoring on different vehicles.

This class gives you the opportunity to combine practical experience with your knowledge of calendars. Different Calendars such as Campaign, Guerilla, Double and Triple Calendars will be traded. Simple risk management approaches with no adjustments as well as approaches with adjustments were covered.

Each class averaged 2 hours. You’ll be getting almost 16 hours of extremely focused and useful information that you can use forever. It’s the difference between an advisory service giving you the fish versus learning to fish for yourself!

Dan Sheridan, 22 year CBOE Options Market Maker, taught professional PIT traders for years and now is going to teach you the same strategies and techniques used by professional traders for years!

Course Outline

• Week 1
  • Running an Options Business
  • Why Do Calendars?
  • Greek characteristics of Calendars
  • Finding Calendar candidates
  • VIPES-Process for filtering candidates
  • Making a plan
  • Go fishing! Dan put on a live trade for execution purposes
  • Put on two class calendars
  • Guerilla Calendars (Dan walked through a GE trade as an example)
  • Directional Calendars (Dan walked through an SPX trade as an example)
  • Class Trades
• Week 2 & Week 3
  • Directional calendars
  • Double calendars in AAPL
• Week 4
  • Review a basic trading plan
  • Calendar spread adjustments
  • Reduce size and deltas
  • Turn into double calendar
  • Diagonalize the calendar
  • Take off half and add butterfly
  • Turn into double calendar
  • Add a long option
  • Just take off
  • Add put credit spread
  • Other adjustments
• Week 5
  • Double Calendar Spreads
  • Front Month vs. Back Month Decay
  • VIPES-Best Conditions for Double Calendar Spread
  • Double Calendar Concepts
  • Trade Entry
  • Execution
  • Adjustment Points and Guidelines
  • Trade Exit
• Week 6
  • Calendar Guidelines, part 1
  • Guerilla Calendar
  • Index Calendars
• Week 7
  • Calendar guidelines, part 2
  • Double Calendar
  • Campaign Calendar
  • Directional Calendars

What Will You Learn?

• Deep dives into options trading and calendars.
• Best practices and helpful tips.
• Detailed instructions on powerful strategies and techniques for consistent profits.
• Helpful tools to ease the whole process.
• Real-world trading case studies and examples.
• And so much more!

Who Is This Course For?

The course is great for both beginners and advanced traders in options trading and applying calendars.