Dan Sheridan 8 Successful Iron Condor Methodologies

Learn the 8 most successful Iron Condors methodologies from within Dan’s community.

In this class, Dan Sheridan shares with you how he constructs, trades, and manages 8 of the most successful Iron Condor Methodologies.

Detailed Class Content

Class #1: Short Strangle Alternative in SPX with Dan

00:1- Introduction of the class and the class page

00:4- Short Strangle explanation and discussion of Karen the Super Trader and how she trades strangles, I explain the strategy in detail.

24:45- Case study going over 3-4 examples of this strategy.

56:40- Example of this strategy during the August Correction.

1:12- Final Comments and Q and A

1:21- End

Class #2: Conventional 43 Day Iron Condor with Adjustments with Dan

1- Intro

2:05- Class Page

4:30- A couple of notes and a quick review about Class #1 where I discussed an alternative strategy to a Naked Strangle.

15:15- Conventional 43 Day Iron Condor in SPX- Explaining the strategy ad guidelines

51:20- 2 examples of this strategy where I had to make an upside adjustment

1:17- Example of this strategy during the August correction. In this example, we show you how to adjust the downside.

1:37- End

Class #3: Equidistant Iron Condor and also 10 Day Iron Condor with Insurance with Dan

1- Intro and presentation slides for today’s Iron Condor Methodologies

4:06- Which Iron Condor is best for me?

11:18- Equidistant Iron Condor (Print slides from Class Page to follow along)

59:30- Shorty SPX Iron Condors with Insurance (Print slides from Class Page to follow along)

1:28:50- Portillo’s Trading Challenge from Dan

1:34 – End

Class #4: Asymmetrical Condors with Jay Bailey

2:00– Begin Powerpoint Slides

2:30– Agenda

4:00– Good and bad points of a Traditional Condor

11:00– Concepts of the Asymmetrical Condor

16:00– Setup of the Asymmetrical

21:00– Hedging the downside with a put debit spread

26:00– Trade Guidelines

31:00– Upside Adjustments

35:20– Downside Adjustments

36:30– Real Example Trade

44:00– Lower Margin Version (Low Prob)

45:45– Example Low Prob

60:00– End

Class #5: Low Probability Iron Condor with Mark Fenton

0:00- Introduction

2:00- Begin PowerPoint presentation, Why trade an iron condor?

7:30- What is a low prob condor?

13:00- When do I use a low prob condor

17:00- 1 adjustment low prob condor set up and plan

27:30- First example of trade

34:00- Second example of trade

37:30- Third example of trade

42:00- Fourth example of trade

58:00- Q&A

67:10- End

Class #6: Put Credit Spread in RUT with a Specific Risk Management Plan

1- Intro and outline for today’s class

1:2- 30 Day RUT Put credit spread

2:45- Two reasons I am talking about a Put Credit Spread in RUT during an Iron Condor Class?

6:00- Question to students: What type of day are you looking for to enter put credit spreads?

6:30- My guidelines for this trade?

10:30 – Description of the 2 Risk Management methodologies I did on RUT put credit spreads?

11:42- #1 Risk Management Methodology and Plan for Put Credit Spreads with no adjustments.

19:10 – #2 Risk Management Methodology and Plan for Put Credit Spreads, rolling the put side when

RUT moves against us. (Dan goes over multiple examples of this methodology.)

Just over 1hour – END

Class #7: SPX Weekly Iron Condor with Dan

6:30- Analysis of increased Implied Volatility in Fed Announcement

6:30- Weekly SPX Iron Condor Guidelines and summary of Case Study

29:20- Multiple examples of this strategy

50:34- END

Class #8: Recap with Dan

Learn from various experts in the 8 Successful Iron Condors Methodologies course of Sheridan Options Mentoring

An iron condor is a difficult optional strategy for traders who want to make consistent profits while spending as little time as possible. Even though it serves as a neutral posture and provides those who have learned to perform it well with a high likelihood of returning, it also attracts unwelcome attention. With the help of his 8 Successful Iron Condor Methodologies course, Dan Sheridan will walk you through his step-by-step process for designing, trading, and managing profitable trade methods.

This method is typically taught to new traders by opening a single transaction and following it through, which maximizes both profit and risk at the same time. An alternate approach for executing multiple credit spreads in response to price changes of the underlying assets is to divide the spreads into pieces and complete them later. This positioning approach offers you the greatest amount of credit and connects you with a wide range of profit opportunities.

Trading on the stock market requires traders to understand how to manage their tender expansion in addition to learning how to trade on the market. The iron condor, which incorporates a variety of risk management techniques, is a reliable method of establishing a trading account for traders. Some things you may expect from course 8 Successful Iron Condor Methodologies include the following: 

• Class 1: Dan Sheridan: Short Strangle Alternative in SPX
• Class 2: Dan Sheridan: Conventional 43 Day Iron Condor with Adjustments
• Class 3: Dan Sheridan: Equidistant Iron Condor and 10 Day Iron Condor with Insurance
• Class 4: Jay Bailey: Asymmetrical Condors
• Class 5: Mark Fenton: Low Probability Iron Condor
• Class 6: Dan Sheridan: Put Credit Spread in RUT with a Detailed Plan of Risk Management
• Class 7: Dan Sheridan: SPX Weekly Iron Condor
• Class 8: Dan Sheridan: Recap

Explore the sales page Sheridan Options Mentoring

Sheridan Options Mentoring, founded by Dan Sheridan, is a pioneer in the field of personal choices training and mentoring. Thousands of students were taught to trade with confidence and skill throughout the preceding decade. Dan has over 30 years of trading experience and has worked with traders all around the world. He is a seasoned CBOE market maker who works for Mercury Trading, a very successful firm run by brothers Jon and Pete Najarian, who are also his mentors. Dan was responsible for training the vast majority of traders at Mercury, including Pete Najarian, who is now one of CNBC’s anchors. When Dan left the pits in 2004, he went on to found Sheridan Options Mentoring Inc. He is presently educating individual traders on how to make the most of each day to consistently profit from options on the markets. Dan Sheridan also teaches professional and retail traders on a variety of other platforms. He is a well-known TDAmeritrade Network Guest who has appeared on several occasions. He has been featured on CBOE.com, and he frequently does informative webinars for InteractiveBrokers and several other brokerage firms, among others.

Get 8 Successful Iron Condors Methodologies – Sheridan Options Mentoring on Library of Trader now for the best offer.