Dan Sheridan – Theta Booster
Instructor: Dan Sheridan
Course Format: On-Demand Video Course (Recorded Live Sessions)
Skill Level: Intermediate to Advanced Options Traders
Course Overview:
In Theta Booster, Dan Sheridan reveals a powerful strategy designed to take advantage of time decay (Theta) to maximize profits in options trading. This advanced options strategy focuses on selling options with the goal of benefiting from the passage of time, which erodes the value of options premiums and increases profitability.
Time decay is one of the most powerful forces in options trading, and the Theta Booster strategy allows traders to capitalize on this natural market phenomenon to generate consistent income while managing risk. Through selling options and utilizing smart risk management techniques, you can create a systematic approach that consistently works in neutral to slightly bullish market conditions.
This course will guide you through the key concepts of Theta, how to properly select trades that benefit from time decay, and how to enhance your returns through specific trade setups and adjustments. Dan will share his proprietary techniques for optimizing Theta exposure and ensuring your positions are aligned to capture the maximum benefit from time decay while minimizing the risk of large losses.
Whether you are new to time decay or an experienced options trader looking to refine your skills, this course will provide the knowledge and tools needed to implement Theta Booster successfully and consistently.
What You’ll Learn:
✔️ The core principles of Theta and how time decay impacts options pricing and your profits
✔️ How to identify and select the best options contracts to maximize time decay profits
✔️ The mechanics of selling options and how to use time decay to enhance profitability in your trades
✔️ How to build a Theta-boosting portfolio by combining high-probability trades with a focus on selling options that benefit from time decay
✔️ The ideal market conditions for implementing Theta Booster and how to adjust your strategy based on changing volatility and market trends
✔️ Methods for incorporating adjustments to manage risk and maintain profitability if the market moves against your positions
✔️ How to use multiple options strategies like vertical spreads, calendar spreads, and covered calls to increase your Theta exposure and improve income generation
✔️ Advanced techniques for position sizing and determining the optimal number of contracts to sell in order to maintain a healthy risk-to-reward ratio
✔️ How to manage portfolio risk by balancing the Greeks, particularly Theta, to achieve a consistent income while maintaining limited exposure to large moves in the underlying market
✔️ The art of adjusting trades when things don’t go as planned, ensuring you remain on track to profit from time decay
✔️ Real-life case studies and live trade examples to show how the strategy plays out in real market conditions
✔️ How to scale the Theta Booster strategy across multiple positions to generate steady income while controlling risk
Course Includes:
✔️ Full access to all recorded live sessions, where Dan walks through the Theta Booster strategy and offers real-time feedback on your trades
✔️ Downloadable resources such as trade checklists, guides, and cheat sheets for setting up and managing Theta-based positions
✔️ Risk management tools for calculating position sizes and monitoring Theta exposure to ensure you maintain a balanced risk/reward profile
✔️ Tools and calculators to determine the optimal strike prices, expiration dates, and number of contracts to sell
✔️ Bonus content on how to combine Theta Booster with other options strategies to enhance overall portfolio performance
✔️ Dan’s step-by-step trade management techniques, including adjustments to keep your trades profitable even during market volatility
✔️ Bonus: Live walkthroughs of Theta Booster trades in action, showcasing the real-world application of time decay profits and trade management
Why Choose Theta Booster?
Theta Booster is perfect for traders who want to capitalize on the power of time decay and build a systematic income strategy that generates regular profits with a low-risk exposure. The strategy is ideally suited for neutral to slightly bullish market environments, where stocks are not expected to make large moves. By focusing on selling options with high Theta decay, traders can benefit from the natural erosion of options premiums.
This strategy offers several key advantages:
Who This Course Is For:
About Dan Sheridan:
Dan Sheridan is a veteran 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 taught thousands of traders how to successfully trade options using strategies like Theta Booster. Known for his clear, structured teaching style, Dan specializes in helping traders develop disciplined, systematic approaches to trading that minimize risk and maximize consistent profitability. His teaching has helped traders at all levels understand how to leverage time decay, manage positions effectively, and trade with confidence.