When I started learning options many years ago, I found sheridan options mentoring (SOM) a good way to get started. It was the best available learning resource I could find then.
In my opinion, what used to be great about isn't really Dan's teaching but the community. There were a dozen very dedicated veteran traders and mentors who contributed selflessly in the community forum. They continuously innovate and improve techniques as well as develop a really deep understanding of how options work in live trading. The community continuously sharpened the sword, turning basic butterflies, condors and calendars into more refine strategies that can be consistently profitable in changing market environment. All those knowledge is recorded and shared in the community at no extra cost.
Unfortunately, most of the great veterans and mentors in my personal opinion are gone. For one reason or another, they left the community. For example - John Locke, Mark Sebastian, Dan Harvey, Jim Riggio and Seth Freudberg, just to name a few. Now, the community is far less active than before and the quality of the sharing has dropped tremendously.
Seth Freudberg went on to set up the options education in SMB called OptionsTribe http://optionstribe.com/
Mark Sebastian set up OptionPit http://www.optionpit.com/blog
John Locke started his own mentoring program (http://www.lockeinyoursuccess.com/) and created a popular M3 butterfly strategy which he shows on OptionTribe and on Youtube every week for free.
Jim Riggio set up http://capitaldiscussions.com/ A popular community among advanced options traders. Many of the ex-SOM veterans are now members of Capital Discussions. The sharing there is very similar to the previous SOM forum and it is very active. Membership is free.
All the resources above are either free or significantly less expensive than SOM. Therefore, in my personal opinion, they present better ROI. Beside those listed above, TastyTrade founded by Tom Sosnoff, the ex-founder of ThinkorSwim is another excellent free resource - www.tastytrade.com The amount of content there is mind boggling and the quality of the content is better than many paid resources.
Obviously, some will find SOM most suitable for them. My point is do your research before spending your limited options education budget.
This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
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