By Lawrence G. McMillanOver the years, we have discussed a lot of volatility-based trades. Since volatility is high now, a number of them are apropos, so for newer and older subscribers alike, this...
By Lawrence G. McMillanIt certainly took a while, but $SPX has finally closed below its December low of 6720. On average, statistics show a further decline of 10% when that occurs. Sometimes these...
By Lawrence G. McMillanVolatility and the stock market normally move in opposite directions. But occasionally, the relationship between $VIX, $VIX futures, and the S&P 500 becomes distorted.When...
By Lawrence G. McMillanBoth in May 2025 and October 2025, we published articles with the above title. I won’t include them here, because they were too long, but one can find them in the...
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...