By Lawrence G. McMillanThis article was originally published in The Option Strategist Newsletter Volume 3, No. 23 on December 8, 1994. In theory, an option strategist will adjust his...
By Lawrence G. McMillanA week ago, things looked rather bearish, with $SPX having broken down from a 5560-5650 trading range, and plummeting quickly to 5400. An oversold rally ensued, but by...
By Lawrence G. McMillanThe broad market traded in a fairly tight range between 5560 and 5650 for eleven trading days. Eventually, after the Labor Day holiday, $SPX broke down sharply, losing 120...
By Lawrence G. McMillanThe "new all-time highs" party on Wall Street is all set, except for one nagging problem: $SPX has attempted to move to new all-time highs several times, but has not been able...
By Lawrence G. McMillanThis article was originally published in The Option Strategist Newsletter Volume 13, No. 7 on April 9, 2004. The calendar spread is an interesting strategy, for...
By Lawrence G. McMillanThe rally that began with an upward intraday reversal on August 5th continues to plow ahead. It has now brought $SPX back to nearly its all-time highs. The pattern of lower...