We're proud to announce that Lawrence G. McMillan's maket classic Options As A Strategic Investment recently placed number one on Benzinga's list of The Best Options Trading Books. To read the full list, visit: https://www.benzinga.com/investing/best-options-trading-books/
In this past weekend's Striking Price column in Barron's, Steve Sears noted that investment research goliath Morningstar recently created a new "options" investing category in their fund listings. Mr. Sears believes this new cateogry signifies that options have now become "part of the matinstream investment landscsape." With options trading volume alomost doubling in the last 10 years, we'd have to agree with Mr.
McMillan Analysis Corp. founder and president Lawrence G. McMillan recently wrote an article detailing the current state of the stock market for MarketWatch. Read the following preview or click the link below for the full article:
The recent Department of Labor Fiduciary Proposal threatened to elimate the trading of options and futures in all retirement accounts. Due to successful lobbying by the options industry, the deceision was made to exlude the options and futures ban from the new rules. CBOE Holdings Chief Executive Officer Edward T. Tilly made the following comment on the DOL's decion:
FXCM is a trading firm that basically blew up when the Swiss Franc was revalued, a year ago. At the time, the stock fell from 17 to nearly zero, before it was rescued by a cash infusion from Leucadia (LUK). In October, 2015, the stock was reverse split, 1-for-10.
Lawrence G. McMillan's market classic, Options as a Strategic Investment, was recently listed as one of the top five option trading books by The Option Prophet's Adam Beaty. He writes:
If you could only pick one book from this list to buy this would be the one you need to get. At over 1000 pages this book will be your option trading bible...
Read the entire review by visiting The Option Prophet.