Dan Sheridan – Butterflies for Monthly Income 2016: Complete Options Trading Masterclass

Master Butterfly Options Strategies for Consistent Monthly Income

Dan Sheridan’s Butterflies for Monthly Income 2016 is a comprehensive options trading education program designed to teach traders how to generate consistent monthly income using sophisticated butterfly options strategies. This intensive 8-class masterclass provides over 10-12 hours of detailed instruction, combining theoretical knowledge with live trade execution to transform novice traders into expert butterfly options traders.

What You’ll Learn In This Butterfly Options Course

This professional options trading course covers multiple butterfly strategy variations, including:

• Long Call Butterflies and Long Put Butterflies
• Iron Butterfly strategies for weekly options trading
• Broken Wing Butterflies and Unbalanced Butterflies
• Stock Butterflies using major indices like SPX, RUT, and individual stocks
• Directional Butterflies for earnings trades and time-sensitive opportunities

Course Structure: 8 Comprehensive Classes with Expert Instructors

Class 1: Foundation and Live Trading with Dan Sheridan

Duration: 1+ hours | Focus: Butterfly Basics and Live Execution

Key Learning Objectives:

• Foundational butterfly concepts and market mechanics
• Long Butterfly with Calls executed for a debit
• Live trade execution demonstration with real market conditions
• Balanced Iron Butterfly strategies for 9-day expiration cycles
• Weekly options implementation for short-term trading
• The Greeks analysis for butterfly positions

Practical Applications:

• Guidelines for short-term weekly balanced Iron Butterflies
• Risk management protocols for butterfly trades
• Live Q&A addressing real trader concerns

Class 2: Advanced Greeks and Broken Wing Strategies with Dan Sheridan

Duration: 1+ hours | Focus: Balanced vs. Unbalanced Butterflies

Advanced Concepts Covered:

• Greeks analysis for longer duration balanced butterflies
• 49-day expiration butterfly strategies using all call options
• Stock butterflies using GOOGL as a practical example
• 29-day trade execution and management
• Delta management techniques for SPX and RUT butterflies
• Introduction to Broken Wing Butterflies for directional bias

Strategic Insights:

• Neutral butterfly adjustments for changing market conditions
• Short delta reduction techniques
• Differences between balanced and unbalanced butterfly strategies

Class 3: Specialized Strategies with Mark Fenton

Duration: 1+ hours | Focus: Flat Iron and All Put Butterflies

Expert Instruction on:

• SPX all put flat fly structure and implementation
• Live trade illustrations with entry guidelines
• All put flat fly adjustments and trade management
• SPX flat iron fly basic structure and execution
• Advanced adjustment techniques for changing market dynamics

Practical Trading Skills:

• Risk assessment for put-based butterfly strategies
• Market timing for optimal entry points
• Trade management throughout the option lifecycle

Class 4: The Mango Butterfly with Jay Bailey

Duration: 1+ hours | Focus: Unbalanced Butterfly Mastery

Specialized Training in:

• Mango Butterfly (Advanced Unbalanced/Broken Wing strategy)
• Iron Butterfly-Mango implementation guidelines
• Two primary adjustment methods for changing market conditions
• Market scenario analysis using professional cheat sheets
• Downside protection strategies using put options
• Risk management during significant market moves

Class 5: Comprehensive Review and Live Trading with Dan Sheridan

Duration: 1+ hours | Focus: Integration and Application

Course Integration:

• Comprehensive review of all four previous classes
• Live butterfly trade execution during class
• Mark Fenton’s strategies analysis and application
• Jay Bailey’s Mango Butterfly techniques review
• Strategic decision-making framework for various market conditions
• Professional trading psychology and discipline

Class 6: Advanced Strategies and Stock Applications with Dan Sheridan

Duration: 1+ hours | Focus: Reduced Vega and Stock Butterflies

Advanced Techniques:

• Reduced Vega Butterfly strategies for volatility management
• Stock butterflies using AMZN as a case study
• SPX balanced butterfly comprehensive guidelines
• Greeks analysis across different butterfly variations
• Risk management and adjustment strategies
• Portfolio integration techniques

Class 7: Directional Trading Strategies with Mark Fenton

Duration: 1+ hours | Focus: Directional and Time-Sensitive Butterflies

Specialized Applications:

• Directional butterflies for trending markets
• Time bomb butterfly structure and entry guidelines
• Earnings release trading using DKS as example
• SPX time bomb butterfly implementation
• Profit-taking strategies and trade closure techniques

Class 8: Master Summary and Trading Plan with Dan Sheridan

Duration: 1+ hours | Focus: Complete Integration and Future Success

Comprehensive Course Conclusion:

• Seven butterfly strategy summary with complete Greeks analysis
• Butterfly Battle Plan for systematic trading approach
• Live trade review from entire 4-week course
• Adjustment strategies for all butterfly variations
• Mentoring program introduction for continued education

Expert Instructors: Proven Track Record in Options Trading

Dan Sheridan – Lead Instructor

Primary instructor with extensive experience in butterfly options strategies and monthly income generation. Dan provides the foundational knowledge and advanced techniques that form the core of this options education program.

Mark Fenton – Specialist Instructor

Expert in specialized butterfly strategies, including flat iron butterflies and directional trading approaches. Mark brings practical experience in earnings trades and time-sensitive opportunities.

Jay Bailey – Advanced Strategy Expert

Specialist in complex butterfly variations, particularly the Mango Butterfly and unbalanced strategies. Jay focuses on advanced risk management and market adaptation techniques.

Course Materials and Learning Resources

Comprehensive Educational Package

• 10-12 hours of recorded class content
• Professional PDF materials for each class session
• Live trade examples and real-market execution
• Cheat sheets for quick strategy reference
• Q&A sessions addressing common trader questions
• Guidelines and protocols for systematic trading

Technical Requirements and Market Access

• Options trading platform access required
• Real-time market data for live trading examples
• Risk management tools for position monitoring
• Understanding of basic options concepts recommended

Target Audience: Who Benefits from This Course

Ideal Students Include:

• Intermediate options traders seeking advanced butterfly strategies
• Income-focused traders wanting consistent monthly returns
• Risk-conscious investors interested in defined-risk strategies
• Active traders with options trading experience
• Professional traders seeking portfolio diversification

Prerequisites:

• Basic options knowledge (calls, puts, spreads)
• Trading platform familiarity
• Risk management understanding
• Capital allocation for options trading

Learning Outcomes: Skills You’ll Master

Strategic Competencies:

• Multiple butterfly strategy variations implementation
• Greeks analysis for risk assessment and position management
• Live trade execution with proper timing and entry techniques
• Adjustment strategies for changing market conditions
• Risk management protocols for capital preservation
• Monthly income generation through systematic trading

Technical Skills:

• Options chain analysis for optimal strike selection
• Volatility assessment for strategy selection
• Time decay management in butterfly positions
• Delta hedging and position adjustment
• Profit-taking and loss-limitation techniques

Market Applications: When and How to Use Butterfly Strategies

Market Conditions Suitable for Butterflies:

• Range-bound markets with limited volatility
• Post-earnings environments with volatility contraction
• Weekly expiration cycles for short-term income
• Monthly cycles for longer-duration strategies
• Neutral market bias with time decay benefits

Risk Management Framework:

• Defined maximum loss at trade initiation
• Multiple adjustment techniques for changing conditions
• Position sizing appropriate for account risk tolerance
• Systematic approach to trade management

Advanced Strategy Applications

Weekly Options Strategies:

• Short-term butterfly implementations
• High-frequency trading opportunities
• Rapid time decay capitalization
• Weekly expiration cycle optimization

Monthly Income Strategies:

• Consistent return generation techniques
• Portfolio integration methods
• Risk-adjusted return optimization
• Scalable trading approaches

Professional Trading Integration:

• Institutional-quality strategy implementation
• Risk management protocols
• Performance measurement and analysis
• Continuous improvement methodologies

Why Choose Dan Sheridan’s Butterfly Course

Proven Methodology:

• Years of trading experience condensed into practical education
• Live market examples with real money at risk
• Multiple expert perspectives from industry professionals
• Comprehensive coverage of all butterfly variations
• Systematic approach to consistent profitability

Unique Value Propositions:

• Live trade execution during class sessions
• Real-time Q&A with expert instructors
• Multiple strategy variations in single course
• Professional-grade materials and resources
• Mentoring program access for continued learning

Educational Excellence:

• Structured learning progression from basic to advanced
• Practical application emphasis over theoretical concepts
• Risk management integration throughout curriculum
• Professional trading discipline development

Conclusion: Transform Your Trading with Professional Butterfly Strategies

Dan Sheridan’s Butterflies for Monthly Income 2016 represents the definitive educational resource for traders seeking to master sophisticated options strategies for consistent monthly income generation. This comprehensive 8-class program combines theoretical knowledge with practical application, featuring live trade execution and expert instruction from industry professionals.

Key Differentiators:

• Comprehensive curriculum covering all major butterfly strategy variations
• Live trading demonstrations with real market conditions
• Multiple expert instructors bringing diverse perspectives and specializations
• Systematic approach to risk management and profit optimization
• Professional-grade materials and ongoing support through mentoring programs