The Art of Adjustments in 2017 – Dan Sheridan

The Art of Adjustments in 2017 by Dan Sheridan Description
The Art of Adjustments in 2017 by Dan Sheridan sheds light on how to use adjustments from A to Z. It means you can learn the fundamentals and advanced concepts through this course. There are five classes in this big course uncovering different aspects of adjustments in trading. Thus, you can get practical strategies by Dan Sheridan, a trading expert with years of experience.
Here’s what you will learn in this course:
Class #1: Laying the Foundation for Adjustments with Dan
Introduction
What is an Adjustment
Purpose of Adjustments?
Do I have to Adjust Trades?
Where do Adjustments fit into the cycle of Risk Management? Dan’s 4 Step Risk Management Plan
Most common types of Adjustments?
Dan’s Matrix Decision Making Process with Adjustments?
How much should you Adjust an position?
How many adjustments should you make on a particular trade?
How to use VIX as an Guide with Adjustments?
How do I Adjust Trades when SPX moves near 1% in a Day (Speed)
How to Adjust Credit Spreads
Class #2 with Jay Bailey: Why? When? How?
Introduction
Today’s Agenda
My Adjustment Journey
Fundamental Reasons to Adjust
Pros and Cons of Adjustments
Example of Adjusting a Butterfly
Adjusting versus not adjusting
Adjusting Example with Calendar to widen the width of a trade
Adjustments can prevent large losses- Iron Butterfly Example
Option Adjustments in the Past
What should be your objective with Delta when Adjusting?
What should be your objectives with Vega when adjusting?
Theta and the “Tent”: What should your objectives be?
Don’t worry if you don’t need to!
Adjustment Considerations
Should I Adjust?
Factors to Consider when Adjusting
What not to do with Adjusting
One Important Upside Adjustment- Long Call VS Long Call Debit Spread
One Important Downside Strategy
Considering Vega when Adjusting
Class #3: Adjusting Balanced Butterflies with Dan
Introduction
How to Adjust Balanced Butterflies
Class#4: Adjusting Broken Wing Butterflies and Iron Condors with Dan.
Introduction
How to Adjust Broken Wing Butterflies?
How to Adjust Iron Condors?
Class #5: Adjusting Calendars and Miscellaneous Issues
Introduction
How to Adjust Double Calendars?
How to Adjust Single Calendars
Macro and Micro View of Adjustments?
Last 4 Years have been mostly upside Adjustments
Adjusting a Portfolio: Beta Weighting
Not being able to get out of a spread at Max Loss
Not able to execute an adjustment at a decent price
How to guard against Black Swans?
Warning to Covered Writes, CSP Folk, Put Credit Spreads, BWB, etc.
Adjustments in Stocks