Dan Sheridan - In The Money Long Diagonal Deep Dive

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

Course Overview:
In the In The Money Long Diagonal Deep Dive, Dan Sheridan takes you through the intricacies of using the In The Money (ITM) Long Diagonal strategy to capitalize on both time decay and market moves while managing risk. This advanced options strategy is perfect for traders looking to enhance their portfolio’s performance with a defined-risk approach that generates consistent returns.

The course dives deep into how you can structure and adjust ITM Long Diagonal spreads to take advantage of price movement in your favor while profiting from time decay in the longer-dated option. By using In The Money strikes, you get a more substantial Delta, which can lead to more precise directional exposure, giving you the edge in trending markets. Whether you’re looking to enhance income or manage existing trades, Dan will show you how to implement this strategy effectively to manage both market risk and reward potential.

What You’ll Learn:
✔️ What an In The Money Long Diagonal is and how it differs from a typical diagonal spread
✔️ The ideal market conditions for implementing an ITM Long Diagonal strategy
✔️ How to structure a Long Diagonal using In The Money options to capture more significant moves while still maintaining defined risk
✔️ Adjusting strikes and expiration dates to optimize for your directional view
✔️ Managing key Greeks, including Delta, Theta, and Vega, in a Long Diagonal setup
✔️ Why In The Money options provide a stronger Delta and how to use this advantage in both bullish and bearish market conditions
✔️ The impact of implied volatility on ITM Diagonal spreads and how to incorporate this for higher profitability
✔️ How to adjust positions if the market moves against you, including techniques for rolling and scaling
✔️ The best ways to exit an ITM Long Diagonal trade, whether for profit or loss, including proper timing and trade management
✔️ Real trade examples of In The Money Long Diagonals, including entries, risk management, adjustments, and exits
✔️ How to use Long Diagonal spreads as part of a larger options portfolio for diversification and hedging purposes

Course Includes:
✅ Lifetime access to all recorded sessions, including live trade breakdowns and examples
✅ Downloadable guides on how to structure and manage In The Money Long Diagonals
✅ Step-by-step case studies showcasing real-world setups, adjustments, and risk management
✅ Dan’s personal playbook for using ITM Long Diagonal spreads in various market conditions
✅ Access to Q&A sessions where Dan answers specific student questions and provides additional insights
✅ Bonus content on how to integrate Long Diagonals with other options strategies to build a comprehensive trading plan

Who This Course Is For:

• Advanced traders familiar with basic diagonal spreads who want to take their trading to the next level with In The Money strikes
• Options traders looking for a defined-risk strategy that provides more precise directional exposure and income generation
• Traders wanting to learn how to navigate trending markets and manage market risk while profiting from time decay and volatility
• Active traders looking to enhance their portfolio by using multi-leg strategies with a more advanced risk/reward profile
• Investors seeking capital-efficient strategies that can be easily scaled and adjusted as market conditions change

About the Instructor:
Dan Sheridan, a former CBOE market maker with over 30 years of experience in options trading, is the founder of Sheridan Options Mentoring. With a strong emphasis on structured risk management and income generation, Dan has taught thousands of traders how to develop a disciplined, repeatable approach to options trading. In this course, Dan shares his expert knowledge of the In The Money Long Diagonal strategy to help you navigate volatile markets and maximize profits with defined risk.