Dan Sheridan - Directional Calendars

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

Course Overview:
Directional Calendars is an advanced options course where Dan Sheridan, an industry veteran, teaches you how to leverage the calendar spread strategy with a directional bias. While traditional calendar spreads are generally used for neutral market conditions, this course takes a deep dive into modifying the calendar spread to profit from trend-based moves while maintaining the strategy’s low-risk, defined-risk advantages.

In this course, you'll learn how to use the power of time decay and volatility in conjunction with a market directional bias to create capital-efficient trades. Dan will show you how to set up Directional Calendars for bullish and bearish trades, making this strategy highly adaptable for rising or falling markets. With real-world examples, trade setups, and detailed risk management techniques, you’ll leave with a comprehensive approach to incorporating Directional Calendars into your trading arsenal.

What You’ll Learn:
✔️ The mechanics of a standard calendar spread and how to modify it for directional trades
✔️ How to incorporate bullish or bearish market views into your calendar spread structure
✔️ The impact of implied volatility and time decay on directional calendar trades
✔️ Adjusting strike prices, expiration cycles, and trade sizes to reflect your market outlook
✔️ The importance of managing Delta, Theta, and Vega when trading Directional Calendars
✔️ The ideal market conditions for entering Directional Calendar trades (e.g., trending markets, earnings, events)
✔️ How to balance risk vs. reward when structuring directional calendars for defined risk
✔️ Real-world examples of bullish and bearish directional calendar trades, including entries, adjustments, and exits
✔️ How to scale Directional Calendar trades for larger capital allocation and higher returns
✔️ Risk management techniques to prevent large losses in directional moves that go against you

Course Includes:
✅ Lifetime access to all recorded sessions and trade walkthroughs
✅ Downloadable trade setup guides, including checklists for building and managing Directional Calendars
✅ Dan’s personal playbook for scaling and adjusting calendar spreads
✅ Case studies of real market conditions where Directional Calendars thrive (e.g., earnings season, volatile trends)
✅ Q&A sessions with Dan to discuss specific trade scenarios and answer students' questions
✅ Bonus content on advanced strategies to pair with Directional Calendars for even greater flexibility

Who This Course Is For:

• Intermediate to advanced traders who understand the basics of calendar spreads and want to make them more dynamic by introducing a directional bias
• Traders seeking a low-risk, high-reward way to trade trending markets without relying solely on traditional directional options
• Active traders looking for ways to implement defined-risk strategies with the flexibility to adapt to market movements
• Those familiar with volatility and time decay and eager to learn how to use them in a directional context
• Anyone interested in mastering a rules-based, professional approach to options trading

About the Instructor:
Dan Sheridan is a former CBOE market maker with over 30 years of experience in the options trading world. As the founder of Sheridan Options Mentoring, Dan has built a reputation for helping traders develop structured, low-risk strategies that are adaptable to all market conditions. In this course, Dan shares his expert insights on how to use Directional Calendars to trade with a directional bias while maintaining the core risk management benefits of traditional calendar spreads.