Dan Sheridan – The Art of Adjusting

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

Course Overview:
In The Art of Adjusting, Dan Sheridan teaches traders how to handle one of the most critical aspects of options trading—adjusting. Adjustments are a key skill that separates profitable traders from the rest. Whether the market is moving against you or simply not behaving as expected, the ability to make precise and timely adjustments can drastically improve your risk/reward ratio and transform a potentially losing position into a profitable one.

This course goes beyond the basics of trade management and dives deep into the art of adjusting options positions, with a focus on real-world, actionable techniques that work in any market condition. Dan will share his own personal strategies for managing trades effectively, showing how to read the market and adjust your trades to maximize profitability while minimizing risk.

What You’ll Learn:
✔️ The core principles of trade adjustments: when and why they are necessary
✔️ Dan’s 3-step framework for adjusting trades to maintain a positive risk/reward ratio
✔️ How to adjust underperforming positions without panicking, using practical adjustments
✔️ The difference between good and bad adjustments and how to identify which to make
✔️ Key indicators to look for when deciding whether to adjust your position (e.g., Delta, Gamma, and Theta analysis)
✔️ Specific techniques for adjusting common strategies, such as Iron Condors, Butterflies, and Calendars
✔️ How to adjust trades when market volatility increases or decreases unexpectedly
✔️ How to use multi-leg adjustments for more complex positions (e.g., rolling, legging, and spreading)
✔️ How to maintain position integrity while making adjustments (staying true to your initial strategy)
✔️ Case studies of real trades with detailed step-by-step breakdowns of adjustment decisions
✔️ How to reduce your risk exposure through adjustments while still aiming for a profitable outcome
✔️ The psychology of making adjustments: when to pull the trigger and when to stand pat
✔️ The exit strategy after an adjustment: knowing when it’s time to close a position or move to the next phase
✔️ Managing multiple adjustments simultaneously and how to prioritize them based on risk/reward and market conditions

Course Includes:
✔️ Full access to all recorded live sessions
✔️ A detailed adjustment playbook outlining various types of adjustments for different strategies
✔️ Downloadable position management worksheets to track your trades and adjustments
✔️ Templates for calculation of new risk/reward ratios after adjustments
✔️ Bonus: Real-world adjustment examples, showing how to adjust various positions in both volatile and calm markets
✔️ Access to Dan’s step-by-step decision-making framework for adjustments, including rules of thumb and trade management best practices

Why You Need This Course:
Adjustment skills are one of the most important parts of a trader’s toolkit. Even the best-laid trades can go wrong, but with the right adjustments, you can often mitigate losses or even turn a losing trade into a winner. This course provides the structure, clarity, and confidence to make informed adjustments and optimize trades in all market conditions.

In The Art of Adjusting, you’ll learn not only how to make adjustments but why certain adjustments are appropriate for different situations. Dan emphasizes the importance of being proactive rather than reactive, giving you the tools to stay in control of your trades and make adjustments that will keep you profitable in the long run.

Who This Course Is For:

• Intermediate to advanced options traders who want to improve their trade management skills
• Traders looking for step-by-step strategies for making effective adjustments
• Anyone who has been struggling with trade adjustments or feels unsure about when and how to adjust a position
• Traders who want to improve their risk/reward and minimize losses through proper trade management
• Those who want to master the art of staying flexible while adhering to a disciplined approach to trading
• Investors looking for a systematic way to manage their positions during periods of high volatility or unpredictable markets

About Dan Sheridan:
With over 30 years of experience as a professional trader and market maker, Dan Sheridan is an expert at trade management and the art of adjusting. As the founder of Sheridan Options Mentoring, Dan has helped thousands of traders master the critical skill of managing options positions with precision. His structured approach and clear, actionable strategies have enabled traders to achieve consistent profitability, even in volatile market conditions.