Dan Sheridan – SPX Put Credit Spread Plan for Monthly Income

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

Course Overview:
In SPX Put Credit Spread Plan for Monthly Income, Dan Sheridan introduces a comprehensive, risk-defined approach to generating consistent monthly income through Put Credit Spreads on the SPX index. Designed for options traders looking to build a steady stream of income, this strategy offers traders the ability to sell out-of-the-money puts with defined risk, while taking advantage of Theta decay and market volatility.

Dan provides a step-by-step guide on how to structure, execute, and manage Put Credit Spreads specifically for the SPX, focusing on optimal strike selection, timing, and trade management to maximize profitability while maintaining risk control. This course is ideal for traders seeking to leverage high-probability trades that are designed to thrive in sideways or slightly bullish market conditions.

What You’ll Learn:
✔️ The core principles behind Put Credit Spreads and their role in monthly income generation
✔️ Why the SPX index is perfect for this strategy due to its liquidity and volatility characteristics
✔️ How to select the right strike prices and expiration dates for maximum risk/reward
✔️ The ideal market conditions for deploying Put Credit Spreads
✔️ Setting up your positions: initial margin, position size, and risk parameters
✔️ Trade entry: Timing and technical tools for determining the best setup
✔️ How to manage trades through adjustments and exit strategies
✔️ Key Greeks to monitor (Delta, Theta, Vega) and how to use them for effective trade management
✔️ Dan’s exact 3-step plan for structuring your Put Credit Spread for consistency and safety
✔️ Case studies of real trades with in-depth analysis of trade performance and adjustments
✔️ How to integrate this strategy into a broader portfolio for maximum diversification and stability

Course Includes:
✔️ Full access to all recorded live sessions
✔️ A detailed strategy guide with step-by-step rules for structuring and managing the trade
✔️ Downloadable trade logs, position management tools, and checklists
✔️ Templates for calculating margin requirements, risk/reward ratios, and position size
✔️ Bonus content: Real-world trade examples and live trade analysis
✔️ Access to Dan’s trade management framework for handling volatility and unexpected market moves

Why Choose the SPX Put Credit Spread Strategy?
The SPX Put Credit Spread is an excellent strategy for income-focused traders looking to generate regular returns while maintaining limited risk. With out-of-the-money put options, you can create high-probability trades that take advantage of time decay and volatility, especially in sideways or moderately bullish market conditions.

Dan’s method makes it easy to consistently collect premiums from this strategy without being exposed to drastic downside risk. Whether you're an experienced options trader or a beginner looking to learn a time-tested income strategy, this plan will help you build the confidence and skills to succeed.

Who This Course Is For:

• Intermediate to advanced options traders interested in building consistent monthly income
• Traders who want to specialize in high-probability trades with defined risk
• SPX traders who want to capitalize on the liquidity of the index and create more predictable returns
• Options traders looking for simple, repeatable strategies that don’t require constant monitoring
• Anyone looking to integrate Put Credit Spreads into a diversified income-generating portfolio

About Dan Sheridan:
Dan Sheridan is a former CBOE market maker and the founder of Sheridan Options Mentoring. With over 30 years of experience, Dan has mentored thousands of traders to maximize profits while managing risk using a variety of income-generating strategies. His clear, structured approach to teaching enables traders of all levels to grasp complex concepts and execute them with confidence in the real world.