fbpx Blogs | Option Strategist

Blogs

The Option Strategist Newsletter 2020 Profit/Loss Summary

By Lawrence G. McMillan

We have completed the Profit and Loss and Rate Of Return calculations for 2020. The following table sums up one of the best years in our history – the best since the 1990's in percentage terms (+42.2%), and the best ever in terms of total profits (+$146,830). We will soon be sending out a detailed article discussing the various facets of these rather broad categories.

Larry McMillan Stock Market Update Video 6/7/2021

By Lawrence G. McMillan

Join Larry McMillan as he discusses the current state of the stock market on Monday, June 7th, 2021.

Expensive Option Strategies (Preview)

By Lawrence G. McMillan

Normally, we have “Naked Put Writes” in this section of the newsletter. But with the explosion in implied volatility and stock price in several “short squeeze” stocks (or “meme stocks,” if you prefer: a meme stock is any publicly traded company that is benefitting from the fact that investors are using social media to drive interest in the company's shares).

The following table shows the current status of the most expensive of these in terms of implied volatility:

Put-Call Ratio Buy Signal in Salesforce ($CRM)

By Lawrence G. McMillan

Salesforce.com (CRM) just gave a weighted Put-Call Ratio buy signal today. Past signals in this stock have been decent, but this signal looks promising with break out of the recent downtrend. See the charts below:

Weekly Stock Market Commentary 6/4/2021

By Lawrence G. McMillan

The stock market has run into considerable resistance at the top of the trading range, as it appears to be consolidating for a violent move either an upside breakout to new all-time highs, or a failure at the top of the range, leading to a swift retracement to the bottom of the range (4060). Since May 24th, $SPX has not closed above 4208 nor below 4192. That is an extremely narrow range, considering the volatility that has been displayed since February 2020.

The smart way to play AMC’s stock

By Lawrence G. McMillan

AMC Entertainment Holdings shares are once again exploding, having been caught in a short squeeze.

The stock’s realized and implied volatilities are soaring. AMC at one point today more than doubled. There are two options strategies, below, to try to capitalize off this uncommon move. (Note that the data in this article are as of the close of trading June 1.)

Larry McMillan Stock Market Update Video 6/1/2021

By Lawrence G. McMillan

Join Larry McMillan as he discusses the current state of the stock market on Tuesday, June 1st, 2021.

Weekly Stock Market Commentary 5/28/2021

By Lawrence G. McMillan

Stocks continue to push higher, towards the all-time highs at 4238. The pace of the advance has slowed, but there has been some improvement in the internal indicators that paints a more bullish picture in that regard than we've seen in some time. However, if resistance at the old highs holds, then there is a distinct possibility of a retest of the lows of this trading range, at 4060. A move to new highs or a drop below 4060 should propel a stronger move in the same direction as the breakout.

Confirmed Buy Signal in Ethereum

By Lawrence G. McMillan

An McMillan Volatility Bands buy signal was registered this morning in Ethereum with a bounce right off the intermediate-term uptrend. Get these signals and TradingView charts by subscribing today.

Larry McMillan Stock Market Update Video 5/24/2021

By Lawrence G. McMillan

Join Larry McMillan as he discusses the current state of the stock market on Monday, May 24h, 2021.

Pages

Option Strategist
Blog Search

Trading or investing whether on margin or otherwise carries a high level of risk, and may not be suitable for all persons. Leverage can work against you as well as for you. Before deciding to trade or invest you should carefully consider your investment objectives, level of experience, and ability to tolerate risk. The possibility exists that you could sustain a loss of some or all of your initial investment or even more than your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading and investing, and seek advice from an independent financial advisor if you have any doubts. Past performance is not necessarily indicative of future results.
Visit the Disclosure & Policies page for full website disclosures.

-->