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Are you interested in options trading basics? Do you know how it differs from Forex or stock trading? In this episode of How To Trade It, Dan Sheridan joins me to share the basics of options trading. We talk about his long history in the industry, the 3 typical categories traders fall into, and some of his option trading strategies. 

Dan is the CEO and founder of Sheridan Options Mentoring—a company geared towards helping new traders learn the skills necessary to be successful. With over 20 years in options trading—including training at Mercury and CBOE—he’s one of the pioneers in his industry. Don’t miss this informative episode full of tips and strategies to help you become a better options trader. 

You’ll want to hear this episode if you are interested in...

• [2:58] Dan Sheridan’s background in trading
• [8:55] What’s changed in the industry
• [10:47] Trading Options is a craft to be mastered
• [14:52] The three categories of traders
• [22:38] Options Trading: A risk management tool
• [25:30] Options basics: ‘Selling a Call’
• [27:08] The basics of ‘Selling a Put’
• [35:05] Dan’s ‘Cash Secured Put Alternative’
• [37:14] How to connect with Dan 

Resources & People Mentioned

• Cboe Global Markets, Inc.
• Mercury Trading Company
• The Intelligent Investor by Benjamin Graham

Connect with Dan Sheridan

• Dan on LinkedIn
• Dan on YouTube
• Dan on Twitter

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Grab your copy of the Complete Trading System This book teaches you how to build a trading system from the ground up and how to become profitable in the markets.

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