larry-mcmillan

Larry McMillan

Professional trader Lawrence G. McMillan is perhaps best known as the author of Options As a Strategic Investment, the best-selling work on stock and index options strategies, which has sold over 300,000 copies. An active trader of his own account, he also manages option-oriented accounts for certain individuals. In a research capacity, he edits and contributes to his firm’s publications: Daily Volume Alerts, The Option Strategist and The Daily Strategist – derivative products newsletters covering equity, index, and futures options. Finally, he speaks on option strategies at many seminars and colloquia in the United States, Canada, and Europe. He is often seen on CNBC and Bloomberg TV and is quoted in publications such as The Wall Street Journal, Barron’s, Technical Analysis of Stocks and Commodities, Data Broadcasting’s “Exchange” magazine, Futures Magazine, theStreet.com, Active Trader Magazine and many others. In 2011, Mr. McMillan received the prestigious Sullivan Award in recognition on behalf of his outstanding contributions to the growth and integrity of the U.S. options markets.

  • Technical Analysis & Charts | Dec 5, 2014, 10:08 AM

    Weekly Market Commentary 12.05.14

    Weekly Market Commentary 12.05.14

    The stock market, as measured by the Standard & Poor's 500 Index ($SPX), sold off for a couple of days and then rebounded quickly to new all-time intra-day and closing highs.  However, sell signals and overbought conditions abound, so all is not bullish. With $SPX making new all-time highs, its chart is bullish, and the trend of the market is higher. Price is the most important indicator. That has not changed. Both of the equity-only put-call ratios have rolled over to sell signals. [...]

  • Technical Analysis & Charts | VIX | Dec 1, 2014, 10:54 AM

    Weekly Market Outlook 11.28.14

    Weekly Market Outlook 11.28.14

    (Editors Note: We got this Friday from Larry. Enjoy) The stock market, as measured by the Standard & Poor's 500 Index ($SPX) continues to march upward at a dizzying pace.  The market is overbought, and if $SPX violates support at 2060, we could finally see a correction. Equity-only put-call ratios remain on buy signals.  You can see from the ratios are still trending downward.  That is bullish. Both of the breadth indicators remain on buy signals, and they are modestly in overbought[...]