By Lawrence G. McMillan$SPX broke below the bottom of the previous trading range. That is, $SPX closed well below the previous support in the 1978-1985 area. If it can close below 1978 again today,...
By Lawrence G. McMillanBeginning on October 6th, there will be a change to the way that $VIX is calculated. In this article, we’ll details the new methodology and make some analytical...
By Lawrence G. McMillanEarly this week, $SPX closed at a new relative low, and many of the indicators appeared to be turning bearish (for example, $VIX closed above 14). However, prices have...
Larry McMillan recently had the honor of ringing the NYSE closing bell with the MoneyShow team after his presentation at the All-Stars of Option Trading seminar on Volatility Trading. See the video...
By Lawrence G. McMillanOur publication schedule is back to normal now, after having altered it slightly in August.Since the publication date is September 11th, we are including a brief special...
By Lawrence G. McMillanRecently the historical (also called actual or statistical) volatility of many of the major indices and their derivatives reached extremely low levels. For example, the 10-day...
By Lawrence G. McMillanThe Standard & Poors 500 Index ($SPX) has made repeated new all- time highs -- both intraday and closing -- over the past three weeks. This action has, of course, resulted...
We all know that trading options is exciting, highly competitive, and can be very profitable. The key to long term and consistent profits in option trading is options education. The McMillan...
By Lawrence G. McMillanThe bullish news is that $SPX has made a new all-time intraday high for the last three days in a row. The not-so-bullish news is that $SPX has failed to close at a new...
By Lawrence G. McMillan$SPX broke out to new all-time intraday and closing highs this week. New all-time closing highs were made on 4 of 5 consecutive days, which confirmed the move, so the $SPX...