Homepage
Market Commentary
Featured Products
A 4 hour seminar download detailing various volatility trading strategies
The main focus of this 4 hour seminar is not speculation, per se (although there will some discussion of it), but...
Get your autographed copy of the revised edition of the best-selling book on options*
...
Simulate the probability of making money in your stock or option position.
McMillan’s Probability Calculator is low-priced, easy-to-use software designed to estimate the probabilities...
Analysis, Commentary, Education, and Specific Trading Recommendations on a weekly basis
In its 27th year of publication, The Option Strategist newsletter remains...
Daily option picks based on unusual option activity
Professional traders are well aware of the fact that an increase in a stock's option volume is often the precursor of a move by the...
Connect with McMillan
Sign up for The Weekly Updater to receive comprehensive stock market insight each Friday for free. Enter your email address below
Upcoming Events
Apr 8 2019
Wealth 365 Online Summit April 2019
Sep 26 2019
Philadelphia Money Show 2019
Recent Blogs
Mar 25
By Lawrence G. McMillan
Finally, $SPX has broken out over the heavy resistance at 2820. The breakout wasn't as resounding as expected, and...
Mar 15
By Lawrence G. McMillan
Many volatility traders – we are among them – complained about the lack of response by volatility derivatives...
Mar 15
By Lawrence G. McMillan
Some are saying that a bullish interview by Fed Chairman Powell on 60 Minutes last Sunday was the launchpad for...
By Lawrence G. McMillan
Finally, $SPX has broken out over the heavy resistance at 2820. The breakout wasn't as resounding as expected, and we are in the process of retesting the breakout zone (2800 is the low end of the zone). A close back below that level would be very negative at this time.
The equity-only put-call charts are good examples of what we are seeing in several areas: technical indicators are struggling to stay positive after this long bullish run in the market. Both of these put-call ratios gave terrific buy signals in early January, and they declined steadily as the market rallied. But now they are wavering. In both cases, the computer analysis programs "say...