Dan Sheridan – The Art Of Adjusting In 2017

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1. Course Overview:

Discover the intricacies of trade adjustments with the “THE ART OF ADJUSTING” course by Dan Sheridan. This course meticulously guides you through the strategies, purposes, and practical applications of trade adjustments, ensuring you can manage and optimize your trading portfolio with adept risk management techniques.

2. What You Will Learn:

2.1. Understanding Adjustments:

• Definition and Necessity
• Purpose and Application
• Risk Management and Adjustment Integration

2.2. Adjustment Strategies:

• Common Types and Methods
• Decision-Making Matrix
• Adjustment Magnitude and Frequency

2.3. Utilizing VIX:

• Guiding Adjustments
• Adjusting Trades with SPX Movements

3. Course Curriculum:

Class #1: Laying the Foundation for Adjustments with Dan: Topics include what an adjustment is, its purpose, necessity, and common types.

Time	Content
0	Intro
5:10	What is an Adjustment
5:40	Purpose of Adjustments?
6:32	Do I have to Adjust Trades?
6:50	Where do Adjustments fit into the cycle of Risk Management? Dan’s 4 Step Risk Management Plan
16:03	Most common types of Adjustments?
17:06	Dan’s Matrix Decision Making Process with Adjustments?
22:10	How much should you Adjust a position?
23:53	How many adjustments should you make on a particular trade?
27:15	How to use VIX as a Guide with Adjustments?
34:20	How do I Adjust Trades when SPX moves near 1% in a Day (Speed)
39:15	How to Adjust Credit Spreads
1:26:00	End

Class #2: Why? When? How? with Jay Bailey: Delving into the fundamental reasons to adjust, pros and cons, and practical examples.

Time	Content
0	Intro
1	Today’s Agenda
2	My Adjustment Journey
6	Fundamental Reasons to Adjust
7:49	Pros and Cons of Adjustments
11:50	Example of Adjusting a Butterfly
20:22	Adjusting versus not adjusting
22:18	Adjusting Example with Calendar to widen the width of a trade
27:00	Adjustments can prevent large losses- Iron Butterfly Example
34:25	Option Adjustments in the Past
38:50	What should be your objective with Delta when Adjusting?
45:10	What should be your objectives with Vega when adjusting?
46:15	Theta and the “Tent”: What should your objectives be?
48:02	Don’t worry if you don’t need to!
52:22	Adjustment Considerations
53:25	Should I Adjust?
56:00	Factors to Consider when Adjusting
56:35	What not to do with Adjusting
58:00	One Important Upside Adjustment- Long Call VS Long Call Debit Spread
1:01:25	One Important Downside Strategy
1:06	Considering Vega when Adjusting
1:20:00	End

Class #3: Adjusting Balanced Butterflies with Dan: A focused session on changing balanced butterflies.

Time	Content
0	Intro
2:45	How to Adjust Balanced Butterflies
1:08:00	END

Class #4: Adjusting Broken Wing Butterflies and Iron Condors with Dan: Strategies on adjusting broken wing butterflies and iron condors.

Time	Content
0	Intro
1	How to Adjust Broken Wing Butterflies?
45:00	How to Adjust Iron Condors?
1:06:00	End

Class #5: Adjusting Calendars and Miscellaneous Issues: Techniques for changing double and single calendars and addressing miscellaneous adjustment issues.

Time	Content
0	Intro and Q and A
9:00	How to Adjust Double Calendars?
37:30	How to Adjust Single Calendars
52:11	Macro and Micro View of Adjustments?
53:11	Last 4 Years have been mostly upside Adjustments
53:26	Adjusting a Portfolio: Beta Weighting
54:56	Not being able to get out of a spread at Max Loss
57:07	Not able to execute an adjustment at a decent price
58:08	How to guard against Black Swans?
1:18:00	Warning to Covered Writes, CSP Folk, Put Credit Spreads, BWB, etc.
1:00:50	Adjustments in Stocks
1:05:00	END

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Delivery Method
> All courses are available. We will send you the course you purchased via the order email.
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> All courses are digital online versions, so you will download and save to your hard drive.