Dan Sheridan Butterfly Course (Sep 2012)

Learn to Trade with Butterfly Strategies

 

Class Description: Butterfly choices trades are available quite a lot of kinds. Learn in regards to the several types of Butterfly Strategies – together with the Split Strike Butterfly, the Weekly Unbalanced Butterfly, the Broken Wing Butterfly, and plenty of extra – in addition to when to commerce every. Learn how you can choose the correct shares for the Butterfly, whether or not to decide on Calls or Puts, how broad a Butterfly must be, when and how you can alter your commerce, and far, way more! This class will equip you to be a top-tier Butterfly dealer.

 

Class Format: This class is a group of video recordings from the precise Live class that started February 25, 2015. Once a pupil buys a category, an e mail is then despatched, containing login credentials to entry the archived class web page. Typically, every class runs for 4 weeks, with two courses every week. Some courses comprise further movies and periods. Purchasing entry to a category offers 6 months of entry to all class recordings, in addition to commerce updates, PDF’s and PowerPoints. Any questions? Email us at [email protected]

 

Class Specifics:

 

You are welcome to ask questions on to Dan or one other mentor

Each class recording is a minimal of 1 hour, whole of 10-12 hours roughly

Supplemental movies on brokers (OptionNet Explorer, TOS Contingent orders)

You can optionally buy a 4-week trial of OptionNET Explorer for an extra 25 GBP Click Here

All charges for on-line courses are deductible in the direction of our GOLD Mentoring Program ($1000 restrict) Click Here

Detailed Class Content

First Class: With Dan speaking about: The Split Strike Butterfly

1- Introduction and description for Today’s Class

1:15- Description of Class Page and its contents and how you can ask questions and see archived recordings.

3:55- Introductory Teaching: Butterfly Material, Greeks of the Iron Butterfly,

comparability to Iron Condors, Longer Duration Iron Butterflies versus shorter period Iron Butterflies like Weeklys.

47- Teaching: Split Strike Butterfly

1:13- Today’s Live Class Trade #1: RUT Split Strike Butterfly

Class Ends at 1 hr 31 min and 30 sec

 

Second Class: With Dan speaking about: Weekly SPX Butterfly

1-4: Intro and description for at the moment

4- Teaching: Stock Butterfly Candidates

33:55- Live commerce for at the moment’s Class and Teaching on the Weekly Unbalanced Butterfly: SPX Weekly Unbalanced Iron Butterfly

46:20- Case Study within the Weekly Unbalanced Iron Butterfly with Risk Management, Tweaks, and Adjustments.

Class Ends at 1 hr, 33 min and 49 sec

 

Third Class: With Dan speaking about: SPX Put Broken Wing Butterfly

.27- Question on prolonged buying and selling hours in SPX

1:30- Class Topic Today: Broken Wing Butterfly in SPX within the Puts

2:40- Review Current Class Trade #1 RUT Split Strike Butterfly

6:20- Review Current Class Trade #2 SPX Weekly Unbalanced Iron Butterfly that we took off for a revenue

9:35- Live commerce for this class: Broken Wing Butterfly in SPX

14:15- Teaching: Broken Wing Butterfly with full Risk Management Plan with changes, phrase doc included.

1:07:40- Last have a look at at the moment’s dwell Broken Wing Butterfly

Class Ends at 1 hr 9 min and 41 sec

 

Fourth Class: With Dan speaking about: The 30-40 Day ATM Butterfly

0- Introduction

1- Dan talked about Annotation on Class web page

5- Teaching: 35-40 Day RUT Butterfly (at-the-money). Dan simply gave a fast introduction right here.

6:50- Review of Class Trade #1: Split Strike Butterfly in RUT

14:40- Review of Class Trade #3: Broken Wing Butterfly in SPX and accompanying adjustment

29:15- Question: Can we do an double damaged wing butterfly, one on name facet and put facet? Dan reveals an instance.

32:30- Teaching: Monthly Butterfly in SPX with Word Doc

33:50- Set up of three Popular Butterfly Techniques in Sheridan Community (Set up means the way you provoke the Butterfly).

3 Techniques are Neutral Balanced Butterfly, Neutral Unbalanced Butterfly, and Bearish Butterfly.

58:35- Teaching and Case Study: Monthly Butterfly in RUT

Class Ends at 1hr 32 min 1 sec

 

Fifth Class: With Dan speaking about: The 30-40 Day ATM Balanced Butterfly in RUT, SPX, and AAPL

0- Intro, what I’ll cowl at the moment

1:00- Reviewed annotation of final class on the category web page

4:05- Teaching: AAPL Stock Butterfly instance (Using phrase doc or PDF): Introductory feedback

4:45- Question: How will we choose shares or Indexes for Broken Wing Butterfly Trade

6:25- Teaching: AAPL Stock Butterfly (going off of PDF with tips). Covered plan and changes.

43:10- Review Class Trade: Broken Wing Butterfly Trade #Three in SPX

49:45- Live Class Trade for at the moment’s Class: RUT 37-38 Day Iron Butterfly (Unbalanced) for $32.85 credit score

55:05- Teaching: Balanced Iron Butterfly in RUT with setup and plan and changes

1:10:09- Announcement: upcoming seminars in Phoenix and Chicago

Class Ends 1 hr 12 min and 39 sec

 

Sixth Class: With Dan speaking about: Talking Directional Butterflies

1- Introduction

1:38- Picking shares for Directional Butterflies

4:10- Calls or Puts for Directional Butterflies

4:33- Technical Considerations for Directional Butterflies

5:40- Duration of Directional Butterflies

6:36- What strikes to make use of for brief strike?

8:35- Width of Butterfly?

11:13- Cost of Butterfly and shopping for a butterfly for zero?

11:55- Adjustments to an Directional Butterfly?

29:21- Q and A Positive Vega to Bearish Butterfly on upside? (Using AMZN instance at school)

32:45- Review Class Trade #Three SPX Broken Wing Butterfly

40:20- Review Class Trade # Four RUT Imbalanced Butterfly

48:35- Live Class Trade: AAPL Iron Butterfly 30 Days to Expiration

Class Ends 1 hr 27 sec

 

Seventh Class: With Dan speaking about: Portfolio of Butterflies, Mixed Expiration Butterflies, Double Broken Wing Butterflies, and Double Time Bomb Butterflies

1- Intro and description of at the moment’s class

2:00- Teaching Time: Running a $10,000 Portfolio of Butterflies

9:10- Teaching: Mixed Month or Mixed Expiration Butterflies to hedge the quick Vega threat of Butterflies

26:20- Teaching: Double Broken Wing Butterflies as a substitute for Iron Condors

39- Review Class Trades: Trade #3 Broken Wing Butterfly

47:50- Review Class Trades: Trade #4 Iron Butterfly in RUT

50- Review Class Trades: Trade #5 AAPL Iron Butterfly

56:37-End- Q and A and common dialogue

 

Eighth and closing Class with Dan: Insurance for Butterflies and Butterfly Adjustments

1- Teaching: Intro and at the moment’s define

1:10- Teaching: Four most Popular Butterfly changes

52- Teaching: Insurance for Butterfly Trades (Using AMZN for instance)

1:02:20- Live Trade: SPX Weeklys

Class Ends 1 hr 15 min and 6 sec