Free Download the Butterflies For Monthly Income 2016 By Dan Sheridan – Includes Verified Content:
Butterflies for Monthly Income 2016 by Dan Sheridan – Master the Art of Consistent Options Trading
Learn How to Generate Monthly Income Using Professional Butterfly Strategies
If you’re looking to master one of the most reliable and profitable options strategies, Dan Sheridan’s Butterflies for Monthly Income 2016 is your complete training solution.
This advanced class teaches traders how to trade Butterfly options for steady monthly returns, using both classic and modern adaptations of the strategy — all explained by Dan Sheridan, a former CBOE market maker and one of the industry’s most respected options educators.
Through 8 comprehensive classes (10–12 hours total), you’ll gain a full understanding of Butterfly structures, risk management, adjustments, and real live trade examples.
What You’ll Learn in This Course
-
How to construct, enter, and manage Butterfly and Iron Butterfly trades
-
When to use Calls, Puts, or a combination for different market conditions
-
The difference between Balanced, Unbalanced, and Broken Wing Butterflies
-
How to select stocks for Butterfly setups
-
Practical adjustment techniques to protect profits and manage risk
-
Real-world trade examples from SPX, RUT, AMZN, and GOOGL
-
How to build your own Butterfly Battle Plan for consistent monthly income
Course Structure and Class Format
Each session is a recorded live class (minimum one hour), totaling 10–12 hours of content.
Every class includes PDF materials, trade illustrations, and detailed breakdowns of setups, Greeks, and live trades.
Class 1 – Butterfly Basics and Live Trade Execution
Start your journey by understanding the foundations of Butterfly trading:
-
Long Butterfly with Calls (debit trade)
-
Balanced Iron Butterfly setups (short-term and weekly)
-
Discussion of the Greeks and how they influence risk and reward
-
Live trade execution and Q&A
You’ll finish this class ready to build and manage your first Butterfly position.
Class 2 – Balanced & Broken Wing Butterflies Explained
Dive deeper into structure and strategy:
-
Review of live trades from Class 1
-
Long-duration Butterfly setups using SPX and GOOGL examples
-
Guidelines for neutral stock Butterflies
-
Introduction to Broken Wing Butterflies for delta control and lower risk
-
Key differences between balanced and unbalanced trades
Class 3 – All Put Butterflies and Flat Iron Trades (Mark Fenton)
Guest instructor Mark Fenton introduces advanced put-based structures:
-
SPX All-Put Flat Fly and Flat Iron Fly setups
-
Live trades with entry and adjustment rules
-
Trade illustration and management for various market conditions
Class 4 – The Mango Butterfly (Jay Bailey)
Guest instructor Jay Bailey presents the unique Mango Butterfly, also known as an unbalanced or broken wing butterfly:
-
Guidelines and cheat sheets for setup
-
Two primary adjustment techniques
-
Managing big down days and downside risk
-
Using protective puts for capital preservation
Class 5 – Strategy Integration and Live Trading
Dan Sheridan returns to connect all the strategies:
-
Review of all previous instructors’ methods
-
Live Butterfly trade demonstration
-
How and when to apply different Butterfly types
-
Integrating multiple strategies into your trading plan
Class 6 – Reduced Vega and Stock Butterflies
Learn advanced risk management and volatility control:
-
Review and adjustment of a live class trade
-
Reduced Vega Butterfly for lower sensitivity to volatility changes
-
Guidelines for SPX and AMZN stock Butterflies
-
Deep dive into how the Greeks vary between Butterfly styles
Class 7 – Directional and Time Bomb Butterflies (Mark Fenton)
Mark Fenton returns to teach directional trading:
-
Time Bomb Butterfly setup for market movement
-
Earnings-based trades (e.g., DKS example)
-
Entry guidelines, adjustments, and live trade management
-
Closing trades at profit and maintaining discipline
Class 8 – Butterfly Battle Plan & Final Review
In the final session, Dan Sheridan summarizes everything:
-
Comparison of 7 different Butterfly structures
-
Full Butterfly Battle Plan for trading moving forward
-
Adjustment techniques and live trade recaps
-
Discussion on Sheridan Mentoring’s unique approach to trader development
Learn how to confidently apply each Butterfly type based on market condition — short-term, long-term, bullish, bearish, or neutral.
Why Learn From Dan Sheridan?
Dan Sheridan is a 22-year veteran of the Chicago Board Options Exchange (CBOE), where he worked as a market maker for Jon Najarian’s group.
As founder of Sheridan Options Mentoring, he has trained thousands of traders worldwide, focusing on income generation through risk-managed strategies.
His teaching style is hands-on, practical, and results-driven — ideal for traders who want to learn real-world application, not theory.
Who This Course Is For
-
Intermediate to advanced traders seeking monthly income strategies
-
Options traders looking to master Butterfly spreads and adjustments
-
Anyone wanting to develop a structured, rules-based trading plan
Course Features
-
8 Live Class Recordings (10–12 hours total)
-
Detailed PDFs and Cheat Sheets
-
Real Trade Examples in SPX, RUT, AMZN, and GOOGL
-
Guidance from multiple instructors and professional traders
-
Lifetime access to course recordings and materials
Build Your Monthly Income Strategy with Confidence
If you’re serious about generating steady returns through Butterfly spreads, this course is your roadmap.
You’ll learn everything from setup to exit, including adjustments, volatility management, and practical trade execution — directly from Dan Sheridan and his expert team.
