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VIX Spike Peak Buy Signal

McMillan Spike-Peak Index Buy Signals

VIX Spike Peak Buy Signal

Sell

Charting signals based on McMillan's Spike-Peak trading system for TradingView.com

The McMillan Spike-Peak Index Buy Signal is a must-have tool for both the active trader as well as the longer-term investor.  These long-only signals provide timely entries in both up-trending and down-trending markets.  The active trader can utilize these signals in the way McMillan has for well over 20 years -- through the use of leveraged options trades.

McMillan Volatility Bands

McMillan Volatility Bands Buy/Sell Signals

McMillan Volatility Bands

Sell

Charting signals and a daily signal scanner based on McMillan's Modified Bollinger Bands for TradingView.

McMillan Volatility Bands, a charting analysis tool developed by world-renowned options trader and author Lawrence G. McMillan, is an optimized approach to John Bollinger's Bollinger Bands. Leveraging his expertise in options trading, Lawrence designed this volatility-based strategy with a focus on how option prices are calculated – using the Black-Scholes definition of volatility. The McMillan Volatility Bands pricing model assumes a financial asset's volatility should be measured in percentage change rather than absolute value change.

Expected Return Calculator Screenshot

The Expected Return Calculator

Expected Return Calculator Screenshot

Sell

Use statistical analysis to evaluate potential positions

The Expected Return Calculator is McMillan’s proprietary analytical software that uses statistical analysis to evaluate complex option positions, in order to give the trader an idea of whether or not there is a probability of success in a trade.

Probability Calculator

The Probability Calculator

Probability Calculator

Sell

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 that a stock will ever move beyond two set prices—the upside price and the downside price—during a given amount of time. The program uses a technique known as Monte Carlo Simulation to produce estimates that assess the probability of making money in a trade, but can also be used by traders to determine whether to purchase or sell stock, stock options, or combinations thereof.

Option Evaluation Software

Option Evaluation Software

Option Evaluation Software

Sell

Determine theoretical option prices with this advanced Black-Scholes Calculator

Larry McMillan stresses in his seminars and books that option traders must always trade with a model. The Option Evaluation Software is that model. Using the Black-Scholes model, The Option Evaluation Software calculates option values and related statistics, such as implied volatility and "the Greeks,” and displays them in a clean, easy-to-read grid-like display. It is a necessary piece of software for any serious option trader.

The Strategy Zone

The Strategy Zone

The Strategy Zone

Sell

Put-Call Ratio Charts, Volatility data, Option Analysis and Much More

The Strategy Zone is the subscription section of our website designed for "do it yourself" option traders. Updated on a daily basis, The Strategy Zone contains valuable data on stock, index, and futures options including trading candidates for covered writes, naked put sales, straddle buys, and calendar spreads. A wide array of volatility data is included along with a daily mid-day market commentary, over 200 put-call ratio charts, volatility charts, and back issues of McMillan newsletters.

Performance Results: Past performance results for advisory services and educational products are shown for illustration and example only, and are hypothetical.

HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM.

ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.

Testimonials*:  Testimonials are believed to be true based on the representations of the persons providing the testimonials, but facts stated in testimonials have not been independently audited or verified. Nor has there been any attempt to determine whether any testimonials are representative of the experiences of all persons using the methods described herein or to compare the experiences of the persons giving the testimonials after the testimonials were given. You should not necessarily expect the same or similar results.