Dan Sheridan – The Symphony Spread - Live April-June 2024

Instructor: Dan Sheridan
Course Format: Live Interactive Sessions
Skill Level: Intermediate to Advanced Options Traders

Course Overview:
In The Symphony Spread, Dan Sheridan introduces a cutting-edge options strategy designed to provide traders with a harmonious balance between risk and reward. Named after the idea of a symphony—where every instrument plays a part to create something larger than the sum of its parts—this strategy integrates multiple option positions to work together, like the different sections of an orchestra, to create a robust and dynamic trade structure that can adapt to market movements.

The Symphony Spread is an advanced approach that combines several key options strategies (including vertical spreads, calendar spreads, and butterflies) into one unified trading strategy. The goal is to build a position that can adjust to multiple market scenarios while maintaining defined risk and high probability of profit. Throughout the course, Dan will guide you through the setup, adjustments, and management of the Symphony Spread, offering real-world examples and trade walkthroughs to deepen your understanding of how to implement this strategy in live market conditions.

What You’ll Learn:
✔️ The core concept of the Symphony Spread and how it integrates different options strategies into a single unified position
✔️ Step-by-step instructions on how to set up the Symphony Spread using multiple legs to balance risk and reward
✔️ How to determine the ideal market conditions for executing a Symphony Spread and how it thrives in neutral to low-volatility markets
✔️ How to incorporate vertical spreads, calendar spreads, and butterflies into a single position to create flexibility and balance
✔️ The importance of timing in entering and exiting the Symphony Spread for maximum profitability
✔️ How to use the Greeks (Delta, Gamma, Theta, Vega) to analyze and manage the Symphony Spread and its overall performance
✔️ Techniques for adjusting the Symphony Spread in response to unexpected market moves and volatility
✔️ Methods for managing time decay and utilizing theta to enhance profitability while limiting downside risk
✔️ Real-world case studies and live trade examples to demonstrate the application of the Symphony Spread in various market scenarios
✔️ How to effectively scale into and exit the position to optimize profits while maintaining a favorable risk/reward profile
✔️ Dan’s insights on how to build discipline into your trading approach by sticking to trade plans and adapting to evolving market conditions

Course Includes:
✔️ Full access to live interactive sessions, where Dan demonstrates the theory and practice of the Symphony Spread, answering your questions and providing real-time feedback on trades
✔️ Downloadable guides and cheat sheets for setting up and managing the Symphony Spread
✔️ Trade logs and worksheets to track the performance of your Symphony Spread trades and adjust based on market movement
✔️ Access to risk management tools to calculate potential losses, profits, and position sizing
✔️ Bonus content on advanced management techniques for adjusting positions during periods of heightened volatility
✔️ Access to Dan’s trade management framework, helping you monitor the Symphony Spread’s success and make adjustments as needed
✔️ Bonus: Live walkthroughs of trades, where Dan showcases real-world examples of Symphony Spread positions from start to finish

Why Choose the Symphony Spread?
The Symphony Spread is ideal for traders looking for a dynamic, multi-faceted options strategy that adapts to various market conditions while maintaining defined risk. By combining multiple option strategies, it allows traders to take advantage of moderate to neutral market conditions with the flexibility to adjust as volatility shifts. The Symphony Spread is a perfect solution for traders who want:

• A high-probability, low-risk strategy that works across multiple market environments
• The ability to adjust and manage positions dynamically as market conditions change
• A comprehensive strategy that incorporates the strengths of several options strategies into one harmonious approach
• To take advantage of time decay while minimizing exposure to volatility (Vega)
• A structured, repeatable method that helps build consistent profits over time
• To improve their trade management skills and master risk control in uncertain markets

Who This Course Is For:

• Intermediate to advanced traders who are comfortable with basic options strategies like vertical spreads, calendar spreads, and butterflies but want to combine them into a single strategy for greater flexibility and risk management
• Traders who want to take advantage of neutral to low-volatility markets and enhance their ability to profit from time decay while controlling risk
• Traders interested in learning how to adjust and manage multiple legs of an options strategy simultaneously
• Those looking to integrate diverse options strategies into a single, unified trade structure
• Experienced traders who want to develop a comprehensive, adaptable strategy that can evolve with changing market conditions
• Investors seeking to increase income generation while keeping risk profiles under control through systematic trade management

About Dan Sheridan:
Dan Sheridan is a renowned options trader with over 30 years of experience in the markets. As a former market maker at the Chicago Board Options Exchange (CBOE) and the founder of Sheridan Options Mentoring, Dan has spent decades helping traders master the complexities of options trading. His teaching style is known for being clear, structured, and focused on practical applications that lead to consistent profitability. Dan specializes in combining high-probability options strategies with strong trade management techniques, allowing his students to trade with confidence and precision.