Free Download IRON CONDORS FOR INCOME 2017 By Sheridan Options Mentoring – Includes Verified Content:
IRON CONDORS FOR INCOME 2017 By Sheridan Options Mentoring Download
IRON CONDORS FOR INCOME 2017 By Sheridan Options Mentoring
Options trading is often seen as complex, but when broken down into structured strategies, it becomes a powerful tool for generating consistent income. One of the most reliable income strategies is the Iron Condor, a defined-risk, non-directional options trade that benefits from time decay. In Iron Condors for Income 2017, renowned trading mentor Dan Sheridan takes students through a practical, step-by-step program that reveals exactly how he constructs, trades, and manages this popular strategy in different market conditions.
This course is designed for traders who want to go beyond theory and see how Iron Condors are traded in the real world. With live trade examples, risk management frameworks, and alternative methods, the program provides a full roadmap to turn Iron Condors into a consistent part of your options portfolio.
Course Structure and Key Lessons
The program is divided into multiple classes, each focusing on specific aspects of Iron Condor trading. Here’s an overview of the learning path:
Class #1: Foundations and Risk Management
Dan Sheridan begins by laying out the fundamentals. Students first answer the question: What is an Iron Condor? From there, he introduces five different market scenarios, showing how to adapt Iron Condor methodologies to fit each environment.
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Risk Management Framework: Dan shares his 4-step process: setup and Greeks, profit targets and max loss, timing of adjustments, and the actual adjustment techniques.
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Practical Examples: A 9-day SPX Iron Condor and a 44-day SPX Iron Condor are used to illustrate how risk and time to expiration impact management decisions.
Class #2: The Three Amigos Methodology
In the second session, Dan introduces a systematic approach he calls The Three Amigos. This framework offers clear guidelines on how to enter, adjust, and exit Iron Condor trades. The class also reviews a live trade from the previous session, giving students a practical reference point to connect theory with application.
Class #3: Advanced Strategies and Volatility Insights
This class expands the playbook by exploring alternatives and volatility-based decision-making.
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Short Strangle Alternative: When to consider this as a substitute for an Iron Condor.
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Using the VIX: Learn how volatility levels help determine which type of Iron Condor to select. For example, when the VIX is 12 or lower, different adjustments and strategies become more effective.
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Position Greeks: Dan breaks down the ideal Greeks for Iron Condors of varying durations, ensuring traders understand how to align risk with market conditions.
Class #4: Asymmetrical Condors with Jay Bailey
Guest instructor Jay Bailey introduces the Asymmetrical Low Probability Condor, an advanced variation designed for specific market environments. This session broadens the trader’s toolkit by offering creative ways to structure positions outside the standard setup.
Why This Course Stands Out
What makes Iron Condors for Income 2017 unique is its balance of structure and flexibility. While many trading courses only teach rigid setups, Dan Sheridan emphasizes the importance of adapting strategies to the market. By the end of the program, students will know how to:
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Identify optimal setups for different volatility levels.
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Apply structured risk management rules that protect capital.
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Execute adjustments with confidence when trades move against them.
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Explore alternatives beyond standard Iron Condors to increase versatility.
This isn’t just a theoretical course—it’s a mentorship experience. Students get insight into the thought process of seasoned traders who have navigated countless market cycles.
Who Should Take This Course?
This program is ideal for:
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Beginner to intermediate options traders who want a proven, income-focused strategy.
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Experienced traders seeking to refine their risk management and explore advanced adjustments.
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Volatility-focused traders who want to integrate VIX into their strategy selection.
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Anyone looking for a step-by-step guide to Iron Condors with real trade examples.
Final Thoughts
The Iron Condors for Income 2017 course is more than a trading tutorial—it’s a comprehensive system for turning Iron Condors into a consistent income stream. Whether you’re looking to supplement your portfolio returns or build a primary options income strategy, Dan Sheridan and Jay Bailey provide the tools, frameworks, and confidence you need to succeed.
With clear explanations, practical examples, and strategies tailored for multiple market conditions, this program gives you the edge needed to master one of the most reliable income trades in the options world.
