HOW TO MANAGE A $25,000 PORTFOLIO

Class #1: With Dan speaking Important concerns in Constructing a 25Okay Portfolio and Longer Duration Iron Condors

1- Intro and Outline
16:15- Philosophy: How can we commerce for Weekly and Monthly Income?
Overall Portfolio Philosophy in Sheridan Mentoring- 3 Parts of a Portfolio
26:25- Magic of Repeatable Trades
30:15- Technicals in our Trading
39:10- Financial Goals and Plan for our 25Okay Portfolio
42:20- Allocation of Capital and Trades within the 25Okay Portfolio, utilizing VIX
49:18- Profit and Loss Plan
50:07- Vehicle Selection
1:02:05- Futures Options
1:03:50- Long Term Iron Condors in SPX (Word Document with tips)
1:09:10- Example of Long Term Iron Condor to go over tips simply mentioned. Looked at Class Trade #1 placed on January 7.
Using this instance to go over Iron Condor tips for long term Iron Condors.
This instance in SPX was 72 days from expiration when placed on.
1:29- Introduction to Iron Butterflies
Class Ends 1 hr 39 min and 50 sec

Class #2: With Dan speaking Unbalanced Iron Butterfly in RUT and extra concerns in Constructing a 25Okay Portfolio.
1- Intro
3-41:20-  Class Trade #2 Iron Butterfly in RUT (Unbalanced Butterfly) and Teaching time on this Butterfly Methodology.
Dan additionally talked in regards to the Plan and changes, very thorough. Dan mixed educating time and new class commerce.
41:20-44:15- Class Trade #1 Review 72 Day Iron Condor in SPX, initially placed on January 7.
45:05- Q and A on Butterflys
54- Word Document for earlier Iron Butterfly Discussion
57:30- Diversification in a $25 Okay Portfolio
1:04- Core Strategies in 25Okay Portfolio
1:05- Ideal Duration of Trades within the 25Okay Portfolio
1:08- How can we Manage Portfolio Greeks?
1:09- Managing Delta and Vega Risk with Credit Spreads
1:09:35- 2 Specific Plans for Managing a 25Okay Portfolio
1:11:35- Q and A
Class Ends 1 hr 17 min 37 sec

Class #3: With Dan speaking Volatility
1- Intro, Annotation on the Class web page
6:05- Q and A on phrase Document on RUT Iron Butterfly and rationalization of a few of the tips
15:25- Implied Volatility
23:05- Standard Deviation
39:15- Vega Example of what volatility to make use of for traditional deviation method
49:40- Implied Volatility of a Spread
57:10- Example of Implied Volatility of an expansion
1:06:50- Review Class Trade #2 Unbalanced Iron Butterfly
1:13:20- Review Class Trade #1 72 Day Iron Condor in SPX
1:16- 25 Okay Portfolio Update
1:22:10- New Live Trade: Weekly Calendar
1:35- Q and A
Class Ends 1 hr 42 min and 16 sec

Class #4: With Dan speaking Credit Spreads
1- Intro and Q and A
8:00- How to choose a automobile for Credit Spreads?
24:05- Do I exploit Puts (Bullish) or Calls (Bearish) with my credit score Spreads? With Stocks and Indexes?
27:35- What length (days to expiration) ought to I exploit with Credit Spreads?
29:35- What strike ought to I promote with Credit Spreads?
31:17- What strike ought to I purchase with Credit Spreads?
32:55- How to execute Credit Spreads?
36:05- Profit and Loss Plan for Credit Spreads?
40- Case Study for Credit Spread Adjustments (Using Put Credit Spread)
41:10- Profit and Loss Plan in my Case Study?
49:45- When to regulate Credit Spreads?
54:20- Going over Case examine instance
56:20- How to make use of Insurance at the start of a Credit Spread?
1:06:45- Adjustments for Credit Spread #1 Take off some Spreads
1:11:15- Adjustments for Credit Spread #2 Roll brief choices down a strike (if upside, up a strike)
1:12:26- Adjustments for Credit Spread #3 Roll unfold down and potential improve dimension. (if calls, roll unfold up)
1:14:52- Adjustments for Credit Spread #4 Buy Long choice (on draw back put and upside name)
1:16:35- Adjustments for Credit Spread #5 Buy a Vertical Spread
1:18:20- Adjustments for Credit Spread #6 Buy out-of-the- cash Calendar (Puts on draw back and Calls on upside)
1:19:46- Adjustments for Credit Spread #7 Turn Credit Spread right into a Butterfly
1:25- Adjustments for Credit Spread #8 Turn Credit Spread right into a Calendar
1:27:20- Adjustments for Credit Spread #9 Turn Credit Spread into an Iron Condor
1:30:45- Review Class Trades 25Okay Portfolio
1:31:08- Review 1st Class Trade 72 Day iron Condor that I took off
1:33:32- Review Class Trade #2 RUT iron Butterfly that I took off
1:38:19- Review Class Trade #Three RUT Weekly Calendar that I took off at present
Class Ends 1 hr 47 min and 12 sec

Class #5: With Dan Weekly and Monthly Calendars
1- Intro: Class web page annotation, New class commerce from Monday Jan 26 e-mail
7:15- Intro Q and A, On any given day, how a lot of 25Okay Capital needs to be put to work?
14:25- Intro Q and A, Summary of how I might schedule the trades for the 25Okay Class?
18:50- Weekly Calendars (following Word Document from Class Page)
38:25- Monthly Calendars (following Word Document from Class web page)
1:05:45- Review Class Trade #Four RUT Iron Condor 23 days from Expiration (Trade placed on Jan 26)
1:08:40- New Class Trade #5 RUT Weekly Calendar Buy 1 Feb 1190 Put (Feb 20 expiration)
and promote 1 Feb 1190 Put (Feb 6 Expiration) for $8.15 debit ($815)
Class Ends 1 hr 13 min and 31 sec

Class #6: With Dan speaking the “Navy Seal assisted Put Credit Spread” (Iron Condor different)
1– Intro- bulletins, at present’s define, and Q and A
1:25– Intro- class web page annotation of Wednesday’s Class
7:40– Intro Q and A Since we acquired the Weekly Calendar off in 1 day, placed on Wednesday and took off Thursday,
would we put it proper again on?
11:10– Intro- Q and A Who can we contact if we don’t get class commerce updates?
11:19– Intro- Q and A How can we select between NDX, RUT, and SPX for greatest Vehicle for Income Trades?
14:17– Q and A Rut strikes greater than SPX?
14:38– Q and A Open outcry in SPX differ from digital buying and selling in RUT?
15:45– Q and A Better fills in Weekly or Monthly execution?
16:2– 25 Okay replace of the Class Trades (Goal to make $1500 month-to-month)
25:00– Calendar for placing on February Trades for 25Okay Portfolio
34:15– Navy Seal assisted Put Credit Spread and Case Study
1:16– Review Class Trade # Four RUT Iron Condor, placed on Jan 26
1:21:18– Review Class Trade #5 Weekly RUT Calendar placed on Jan 28 and took off Jan 29
1:22:25– New Class Trade #6: Navy Seal Assisted Put Credit Spread
1:33:40– Announcement of Huntington Beach Seminar on February 19 and Feb 21 Phoenix Index Seminar
Class Ends 1 hr 36 min and 17 sec

Class #7: With Dan Teaching Double Diagonals and the Weekly Iron Butterfly
1– Intro: Topics coated to this point within the 25Okay Class
1:23– Review of the 6 Class Trades completed to this point in 25Okay Class
2:20– Live Trade #7 Weekly Iron Butterfly Feb 13 Expiration SPX $ 2046 2045-2070
Call credit score unfold and 2045-2015 Put Credit Spread Total Credit $21.15 Credit
9:10– Review Class Trade #Four RUT Iron Condor
11:45– Review Class Trade #6 Navy Seal Assisted Put Credit Spread
22:00– Weekly Iron Butterfly educating from Word Document (utilizing AMZN as instance),
additionally mentioned insurance coverage for a giant transfer. Talked about changes
40:10– Double Diagonals (Used IBM for instance), and coated changes
49- END– Took a final have a look at Live commerce #7 placed on at present, Weekly Iron Butterfly in SPX.

Class #8:Wrap up with Dan
1- Intro Class web page and annotation of final class
4:50- Review Class Trade #7: Weekly Unbalanced Iron Butterfly on SPX with changes
17:35- SPX Price Chart of what the market did throughout the 25Okay Class
20:25- Question on Iron Butterfly Trade, would I take off total name aspect if we preserve going up?
21:45- Question on Iron Butterfly Trade, extra upside adjustment if we preserve going up?
A few different questions from college students are additionally coated.
27:25- What is a Couch Potato Income Strategy?
30:38- Strategies I like the very best?
35- Do I ever tighten up the great aspect of an Iron Butterfly (Put aspect), when the market goes up?
Tighten means narrowing the credit score unfold.
37:07- Choosing butterfly width when Volatilities change?
39:17- With Navy Seal Assisted put Credit Spread versus simply smaller amount of put credit score spreads?
57:15- yet another final look on Class Trade #7: Weekly Unbalanced Iron Butterfly
1:00:02- (1 Hr and a pair of min) Constructing trades the place you don’t have any Vega threat or decreased Vega Risk?
1:08:25- Next 2 Online Classes, Butterfly Class after which Credit Spreads.
Class Ends 1 hr and 12 min and 50 sec