DAN SHERIDAN - $10K PORTFOLIO IN 2017

10K PORTFOLIO

Class DetailsClass DetailsIn this class, Dan Sheridan shares with you how he constructs, trades, and manages a portfolio of Weekly Trades.

First Class with Dan 10K PORTFOLIO

0- Class Information

8:50- Today’s Class Outline

11:25- Sheridan Mentoring Philosophy of Trading Weekly or short term Option Trades

22- Financial Goals on 10K Weekly Portfolio

29:45- Greeks of Weekly or Short Term Iron Condor Trade

46:50- Trading Schedule for Weekly Trades

51:25- Index and ETF’s we trade

51:45- Stocks we trade for Weekly or short term Income Trades

57:05- Greeks of Double Diagonals ( Iron Condor alternative in low IV environment)

1:06:45- Getting Good Execution and Exit Prices

1:23:25- Today’s Live Trade: SPX Iron Condor I executed this trade at the close of trading.

SPX at 2274 and VIX at 11.26. Jan 20 Expiration, 8 Day Iron Condor. Buy 1 2320 Call and Sell 1 2310 Call.

Buy 1 2220 Put and Sell 1 2230 Put for a total credit of $.95 Credit. Margin for 1 contract is $905.

Looking to make 8-10% of Margin or Risk of $905. Profit target $70 – $90 per every 1 contract.

Maximum Loss is 10-12% or $90 – $110 for every 1 contract

Class #2 with Dan: Short Term Iron Condors

0- Introduction

2:00- Background on Dino and his journey learning Options

7: 37- Dino shares his experience and guidelines with the 4 Day Iron Condor

26:40- Dan comments on the 4 Day iron Condor and answers a few questions

34:25- SPX 7 Day High Probability Iron Condor

44:50- SPX 7 Day Low Probability Iron Condor

51:30- Trading Plan and Risk Management for a Short term Iron Condor

57:15- 1 Day SPX Iron Condor

1:02:50- Review of Live Class Trade from Previous Class

1:19:05- Talking about Live Trade for Today’s Class

End- 1:25:42 (1 Hour 25 minutes and 42 seconds)