Dan Sheridan - Calendar Butterfly Combo Deep Dive

Instructor: Dan Sheridan
Format: Online Video Course (Recorded Live Sessions)
Skill Level: Intermediate to Advanced Options Traders

Course Overview:
Unlock the combined power of two of the most popular non-directional income strategies in this focused, hands-on program: the Calendar Spread and the Butterfly Spread. In Calendar Butterfly Combo Deep Dive, veteran trader and mentor Dan Sheridan teaches you how to blend these strategies into a single, high-probability income engine—perfect for traders looking to manage risk, profit from time decay, and adapt to changing volatility.

This course is designed for traders who already understand the basics of each strategy and are now ready to learn how to combine them for enhanced flexibility and performance. Through live trades, detailed analysis, and real-time risk management, Dan walks you through how to structure, time, and adjust this hybrid trade in various market environments.

What You’ll Learn:
✔️ The core structure and logic behind the Calendar + Butterfly Combo
✔️ Why combining these strategies can improve your edge in neutral markets
✔️ How to choose the right strikes, expiration cycles, and underlyings
✔️ Adjusting the ratio of Calendars to Butterflies based on volatility and market tone
✔️ The role of the Greeks in managing the combo—Delta, Theta, Vega synergy
✔️ Risk management: how to minimize exposure while keeping potential profits intact
✔️ Dan’s rules-based approach for entry timing, scaling, and exits
✔️ Live market examples, including multi-day management and adjustments

Course Includes:
✅ Full access to all recorded sessions from the live class
✅ Downloadable trade setup guides and checklists
✅ Capital allocation models and trade tracking templates
✅ Real examples of Calendar + Butterfly Combo trades with step-by-step commentary
✅ Q&A from students and bonus trade insights from Dan’s personal playbook

Who This Course Is For:

• Intermediate to advanced options traders seeking greater consistency and risk-adjusted returns
• Traders familiar with either Calendars or Butterflies who want to combine their strengths
• Students looking to master a non-directional strategy that thrives in a range-bound or slow-moving market
• Portfolio income traders who want to balance Greeks and control capital exposure
• Anyone seeking a rules-driven, professional-grade approach to hybrid income trading

About the Instructor:
Dan Sheridan is a former CBOE market maker with over 30 years of trading experience and the founder of Sheridan Options Mentoring. Known for his practical, real-money approach to income trading, Dan has helped thousands of traders build successful, repeatable strategies through his classes and one-on-one mentorship. In this course, Dan shares one of his most versatile tools for generating consistent income in today’s market.