Dan Sheridan – 2011 Calendar Workshop
May2011 to June 2011 Live Webinar with Live Trade from Dan Sheridan
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 the class 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. Youll be getting almost 16 hours of extremely focused and useful information that you can use forever. Its 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! See whats inside this new course:
NEW: Dan put several trades on each week and did LIVE updates in-between classes so you can follow Dans analysis and adjustments to each trade.
You can access the recorded materials indefinitely
You can access any future live classes for this course!
You can apply this class fee towards our premium mentoring program for one full year!
Class Overview WEEK ONE (2 hours 6 minutes)
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
Week 1 Update1: 43 minutes
Week 1 Update2: 31 minutes WEEK TWO (1 hour 37 minutes)
Guerilla Calendars (Dan walked through a GE trade as an example)
Directional Calendars (Dan walked through an SPX trade as an example)
Week 2 Update1: 40 minutes WEEK THREE (2 hours 16 minutes)
Next class and update
Double calendars in AAPL
Week 3 Update1: 35 minutes
Week 3 Update2: 49 minutes WEEK FOUR (1 hour 37 minutes)
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
Week 4 Update1: 28 minutes
Week 4 Update2: 15 minutes WEEK FIVE (1 hour 21 minutes)Mark Fenton, one of Dans mentors, taught this class
Double Calendar Spreads
Front Month vs. Back Month Decay
VIPES-Best Conditions for Double Calendar Spread
Double Calendar Concepts
Adjustment Points and Guidelines
Week 5 Update1: 18 minutes
Week 5 Update2: 41 minutes WEEK SIX (1 hour 15 minutes)
Calendar Guidelines, part 1
WEEK SEVEN (55 minutes)
Calendar guidelines, part 2