Dan Sheridan – The Mango Trade

Put Butterfly Options Trading
In this class, Dan Sheridan shares with you how he constructs, trades, and manages “The Mango Trade”
This class is a collection of video recordings from the actual live class that was previously offered.

Detailed Class Content
Class#1 with Dan: The Mango

0- Introduction, Class Outline and structure.
10:25- Whiteboard Teaching on what is a Mango Butterfly and where a mango evolves from?
35:45- Mango Guidelines (Starting with a Balanced Butterfly)
40:15- Mango Guidelines (Mango or unbalanced Fly)
45:00- Mango Guidelines (Wider Mango)
46:00- Why do a Mango Butterfly?
49:50- Differences between Balanced and Unbalanced Butterflies?
50:25- Differences between ATM and OTM Butterfly Trades?
52:05- Basic Guidelines and Risk Management of an all Call Mango Trade?
69:40- Live Class Trade
82:32 – End

Class #2 with Dan: All Put Mango Example with Adjustments.

1:30- All Put Mango Butterfly with Adjustments
35:25- Review live trade from Wednesday (Previous Class)
38:45- Live Trade Today (Shorter Duration Mango) and Q and A
58:01- End

Class #3 with Mark Fenton: Asymmetrical Put Butterfly

0:00- Introduction to asymmetrical put butterfly
1:30- I Entry rules and set up
4:00- I Adjustment guidelines
8:30- I Slides with set up and adjustment points graphic detail
37:00- I Live set up on an SPX all put asymmetrical fly
52:00- I Q&A – End
Class #4 with Jay Bailey

00:00- Introduction to Mango Trade and History
07:15- Basic Principles of the Mango
10:40- Setup Guidelines
16:35- Live Setup Example
24:00- Adjustment Guidelines: Delta
38:00- Adjustment Guidelines: Break-Even
46:20- Exit & Extras
50:00- Questions & END