Dan Sheridan - SPX Balanced Butterfly Deep Dive with Mark Fenton

Presented by: Dan Sheridan & Mark Fenton
Format: Online Video Course with Q&A Sessions
Level: Intermediate to Advanced Options Traders

Course Overview:
Join veteran options trader Dan Sheridan and seasoned mentor Mark Fenton for an in-depth exploration of one of the most consistent and risk-managed income strategies in options trading: the SPX Balanced Butterfly. This course is designed for traders who want to deeply understand the mechanics, adjustments, and nuances of this high-probability options setup, specifically tailored to the S&P 500 Index (SPX).

Over multiple recorded sessions, Dan and Mark break down the strategy step-by-step, walking you through real trade examples, detailed risk management principles, and advanced adjustment techniques. Whether you're looking to enhance your income trading or develop a more stable approach in volatile markets, this course offers a masterclass in trading the SPX Balanced Butterfly with confidence.

What You’ll Learn:
✔️ The structure and logic behind the Balanced Butterfly strategy
✔️ Why SPX is the ideal underlying for this approach
✔️ Entry criteria: timing, strike selection, and expiration cycles
✔️ How to adjust trades based on market movement and volatility
✔️ Risk/reward expectations and how to manage capital allocation
✔️ The “Balanced” approach vs. traditional Butterflies
✔️ Using Greeks (Delta, Vega, Theta) to monitor and manage the position
✔️ Trade management from entry to exit, including real trade walk-throughs

Course Includes:
✅ Lifetime access to all course videos and materials
✅ Detailed slide presentations and trade templates
✅ Real SPX trade examples with commentary from Dan and Mark
✅ Access to live Q&A recordings and discussions
✅ Downloadable resources for strategy planning and journaling

Who Should Take This Course:

• Options traders looking to generate steady monthly income
• Traders familiar with spreads who want to level up with structured butterfly strategies
• SPX traders looking to add balance and consistency to their trading
• Those seeking guidance from two respected names in the options community

About the Instructors:
Dan Sheridan, former CBOE floor trader and founder of Sheridan Options Mentoring, has over 30 years of professional options experience. Mark Fenton is a long-time student-turned-mentor with a practical, straightforward teaching style, known for helping traders bridge the gap between theory and live market execution.