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I'm not personally familiar with other programs. I know that SMB has solid reputation. I would like to share my latest experience with Dan Sheridan. Yesterday I visited Sheridan online forum. To my surprise, the forum is very inactive, with about 20 new posts per month (to compare, we have more than 40-50 a day). I posted three comments which disagree with Dan's opinion. All three comments have been deleted. Dan then emailed me and asked to call him. I replied that I'm a bit busy (which I was - unlike Dan, I'm actively trading). Then I get the following email from Dan: " Kim, I asked you to call me to discuss this. Since you are to busy to talk, for now, I have taken you out of the community." I'm posting a screenshot of the email because some people might be skeptical that this is even possible. I paid $6,000 for a lifetime access, and now I'm banned because I was too busy to call him.. It turns out that this is typically what Dan does if he perceives someone as a competitor. He did it with Seth Freudberg, Mark Sebastian, Tony Sizemore, John Locke, Kerry Given (aka Dr. Duke), Casey Platt and I’m sure quite a few others. So I'm in a good company.. Regardless of my personal case (which is a good reason by itself not to join the program), I feel that at this point I cannot recommend Sheridan Mentoring anymore, for the following reasons: 1. It became too expensive, and covers only 12 months of membership, compared to previous lifetime membership. 2. One of the main benefits was the community, and the community is pretty much dead right now. 3. The courses became very repetitive and don't provide much value anymore. The only reason to join this program might be the mentoring. But paying $7,000 for 12 mentoring sessions sounds a bit expensive to me.

My intention is to close the SPX July fly and the VXX diagonal by tomorrow the latest. So we will be left with two RUT trades which have very flat P/L lines and are not expected to be too impacted. Plus we will have the Aug fly which is delta negative, and VIX puts hedging it. I might also open another VXX diagonal. I think we are well positioned. IV is expected to go down after Brexit.