By Lawrence G. McMillanThe broad stock market has been able to consolidate its strong post-Brexit gains. There was a day and a half of selling this week, but a strong upward reversal by $SPX from...
By Lawrence G. McMillanThis article was originally published in The Option Strategist Newsletter Volume 6, No. 6 on March 27, 1997.I was tempted not to label this article as a "basics"...
By Lawrence G. McMillanThis article was originally published in The Option Strategist Newsletter Volume 4, No. 22 on November 30, 1995.Using options to protect your portfolio is, for most...
By Lawrence G. McMillan This article was originally published in The Option Strategist Newsletter Volume 7, No. 6 on March 26, 1998. There are only two types of volatility – historical (...
By Lawrence G. McMillanStocks had a violent downside reaction to the Brexit vote in Britain. But while the damage was severe, it was short-lived. Over the past four days, a huge rally has emerged...
By Lawrence G. McMillanThis article was originally published in The Option Strategist Newsletter Volume 4, No. 4 on February 23, 1995.If it seems that we preoccupied with volatility, it's...
By Lawrence G. McMillanStocks staged an extremely strong rally yesterday, and S&P futures are up another 15 points in overnight trading. This whipsaw action has left traders and investors...
By Lawrence G. McMillanThis article was originally published in The Option Strategist Newsletter Volume 5, No. 9 on May 9, 1996.The concept of volatility, and especially implied volatility...
By Lawrence G. McMillanThis article was originally published in The Option Strategist Newsletter Volume 4, No. 18 on September 28, 1995.The concept of equivalent option positions is an...
By Lawrence G. McMillanThe market remained jittery throughout the week in anticipation of the European "Brexit" vote, and the event didn't disappoint. On the heels of the decision for the United...