Cash Flow Hacking Podcast: Expert Tips To Help You Grow Your Financial Wealth

Dan Sheridan is the founder and CEO of Sheridan Options Mentoring, a company geared towards producing independent traders. With over 30 years of experience trading options and educating traders worldwide, Dan’s one of the pioneers in his industry. In this episode of How To Trade It, Dan shares how he maximizes profits by minimizing risk. You don’t want to miss it!Subscribe to How To Trade ItYou’ll want to hear this episode if you are interested in…[01:36] Learning how to make $3,000 per month on a $25K account[09:35] A solid risk management plan[12:54] Understanding Calendar Spreads[15:28] Unpacking Credit Spreads[18:25] Selling “Puts”[22:38] Utilizing Probabilities[29:01] Adjusting your risk[30:14] Discipline![34:54] The Complete Options PortfolioCalendar SpreadsSimply stated, a calendar spread is used to generate weekly or monthly income by buying a further out duration, and selling a closer one.  For example, you might buy a June expiration and sell a May expiration.  You make money on calendar spreads bec