$249.00

The Expected Return Calculator is McMillan’s proprietary analytical software that uses statistical analysis to evaluate complex option positions, in order to give the trader an idea of whether or not there is a probability of success in a trade.

$249.00

$99.00

McMillan’s Probability Calculator is low-priced, easy-to-use software designed to estimate the probabilities that a stock will ever move beyond two set prices—the upside price and the downside price—during a given amount of time. The program uses a technique known as Monte Carlo Simulation to produce estimates that assess the probability of making money in a trade, but can also be used by traders to determine whether to purchase or sell stock, stock options, or combinations thereof.

$99.00

$125.00

Larry McMillan stresses in his seminars and books that option traders must always trade with a model. The Option Evaluation Software is that model. Using the Black-Scholes model, The Option Evaluation Software calculates option values and related statistics, such as implied volatility and "the Greeks,” and displays them in a clean, easy-to-read grid-like display. It is a necessary piece of software for any serious option trader.

The Black-Scholes model, introduced in 1973 by Fischer Black and Myron Scholes, is an option valuation model that is the standard method of pricing options.

$125.00