Dan Sheridan – The Wheel Strategy

The “Wheel” System describes the process of Selling Puts and Covered Calls.

What You’ll Learn In The Wheel Strategy

• High Level View
• Flowchart for Simple Wheel
• Steps for Simple Wheel
• Steps for Enhanced Wheel
• Which Stock to use?
• Which Put to Sell?
• Which Call to Sell?
• Call Exercise

About Dan Sheridan

Dan Sheridan is the Founder and CEO of Sheridan Risk Management. He has over 30 years of experience trading options and educating traders worldwide.

Dan is a veteran CBOE market maker, who worked with the highly successful specialist firm Mercury Trading, headed up by Jon and Pete Najarian. While at Mercury, Dan was responsible for training most of the traders including Pete Najarian, one of the former hosts of CNBC’s Fast Money.

Dan left the pits in 2004, and founded Sheridan Risk Management. He now teaches individual traders the techniques and methods he used everyday to consistently profit in the options markets. Dan also teaches professional and retail traders through many additional channels:

Dan is a featured Guest of the TDAmeritrade Network. He has been featured at CBOE.com and he frequently does educational webinars at InteractiveBrokers and a number of other brokerage firms!

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