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Options
trading resources, advice and commentary
from Lawrence G. McMillan, best selling author and industry
expert.
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Mentoring: An intensive program that will enable you to study one-on-one with a professional trader at your own pace. Each mentoring experience is customized to match your needs and abilities while meeting the highest standards set by Lawrence G. McMillan.
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2008 Full Day Seminar Dates Announced! San Francisco August 9 & New York City November 2 - Super Early Bird Rates $899
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Expected Return Calculator: Evaluate even the most complex positions!
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Software
Update - The Probability Calculator 2006 is
now available!
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The
Strategy Zone: Daily market commentary, analysis,
data and much more!
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Covered
Call Writing: Learn Larry's techniques for this
popular strategy in the new book
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IN THE NEWS! Articles & Publications featuring Larry |
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Hear
Larry McMillan on Marketview Online Radio, interviewed by
Ike Iossif.
Click here. |
Listen
to Our
Latest Interview.
Click here. |

May 2005 Active Trader Magazine cover and feature interview
with Larry McMillan |
"I have received excellent value
from McMILLAN Analysis. I feel I get a unique perspective
from Larry's work. Over the years I have recommended the DVA
report to dozens of clients and associates. I know many of
them have become subscribers/readers as well. Keep up the
great work."
D. Bennion
"Your Weekly
Take On The Market is the only tool I trust to trade
comfortably in such a perverse game that perpetuates itself
by consuming the unaware quite so efficiently. Admittedly
lacking in greater mathematical stamina to make ongoing use
of seeing into a deeper truth hidden within a market
mechanism, I have grown to rely on how your calm, thoughtful
interpretation of certain contrary indicators reveal the
next meaningful and likely move is occurring just before
being made widely known to even the market itself. Quite an
impressive defense I might add."
A. Lee
Larry McMillan takes the
student into new worlds of technical analysis. In time, one
becomes comfortable with what McMillan calls "the predictive
power of options". And you come to understand that the VIX
and put call ratios can, under certain circumstances,
function as outstanding indicators with respect to stock
market index movements. Thus, the McMillan education leads
to a knowledge far beyond option strategies. The student
comes to see virtually every aspect of the stock market,
from its direction to its rate of price movement, through
the prism of options. And all the while, at every turn, Mr.
McMillan is present as a guide. This man deserves every
ounce of his vast professional recognition. The English
language has a word that best describes Larry
Macmillan......... Teacher.
G. Lenhoff
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We're
In the News
As Seen On
,
and others. Click here for
more information.
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Friday,
May 9th
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This is a Portion
of the FREE Weekly Commentary is a part of
a comprehensive weekly posting for subscribers of The
Option Strategist newsletter. Click
here to receive the full commentary free via email. Click
here
for Testimonials. |
Stock Market
The bulls were having things pretty much their own way, after last
Thursday's big breakout to the upside, decisively over $SPX 1400.
Moreover, strong gains were registered this past Tuesday, as the
market reversed from down to up on a very strong day ($SPX was up
21, from low to high). But then the wheels came loose. First, a
daylong decline on Wednesday took the averages down sharply. Then,
today, there was a weak close. There's no getting around the fact that
this bearishness of the past two days -- abetted by a sharply rising bond
market (indicative of asset allocators moving out of stocks and into
bonds) -- is putting extreme pressure on the bullish case.
We have been saying that it would be negative if $SPX closed
below 1390, for that would violate the 1390-1400 support area. It
closed at 1392 on Wednesday. However, perhaps what's more
important is the rising trend line of $SPX and not the well-publicized
1400 support area (see $SPX chart, figure 1). The market has ways of
confusing the majority, especially when the majority is all looking at
the same thing (i.e., $SPX support at 1400). So, we wouldn't say that
the $SPX chart has lost its bullishness unless $SPX were to violate that
trend and close below its 20-day moving average -- both of which are
near 1380 at the present time.
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Forbes Magazine
Best of the Web Award, 2002 and 2004
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Chicago,
Oct 9, 2001
Lawrence
G. McMillan
Inducted
Into
Trader's
Hall of Fame
more ... |
Finalist
in the "2003 Readers' Choice Awards"
voted by readers of

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UPCOMING
ON-LINE SEMINARS - RESERVE YOUR SPOT TODAY!!! Give your
option trading the professional edge with our new on-line
seminars! For Course Schedules and Outlines Click
Here
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Larry McMillan has authored two
best selling books on Options, including Options As A
Strategic Investment, recognized as essential
resources for any serious option trader's
library.
As president of McMillan Analysis
Corporation, he authors the "Daily Volume Alerts", and
edits and publishes "The Option Strategist", a
derivative products newsletter covering equity, index,
and futures options.
Recognized as an options trading
industry expert, serious investors have relied on his
insights, observations and recommendations for
years. | |
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