By Lawrence G. McMillanThe bulls are fiercely defending the 6720 area, which is the lower end of the trading range and is also the December low. The bottom line is that swing traders who are buying...
By Lawrence G. McMillanPredicting stock prices consistently is difficult.Predicting volatility behavior, however, is often easier.That is why many professional option traders focus more on volatility...
By Lawrence G. McMillanIn The Option Strategist Newsletter, we recently had a very nice profit on a long run by the Silver ETF (SLV). We rolled that position seven times, each time taking a credit...
By Lawrence G. McMillanVolatility is one of the most misunderstood — and most powerful — forces in the options market. In this webinar, we go far beyond the basic definition of $VIX and examine how...
By Lawrence G. McMillanDespite some ugly days, or parts of days, $SPX continues to find support at or near 6800. On the other side of the range, sellers become more aggressive the closer that $SPX...
By Lawrence G. McMillanStocks continue to trade in a tight range, with a ceiling near 7000 and strong support in the 6720-6800 range. Eventually a breakout will occur, but until it does, expect more...
By Lawrence G. McMillanMost traders talk about delta, gamma, theta, and vega — but far fewer truly understand how they are derived, how they interact, and how they shape real portfolio risk. In this...