By Lawrence G. McMillanThis seasonal trade first came to my attention last year, but when I heard about it, the system had already been entered. So, I wrote it on my calendar for this year, and...
Larry McMillan was recently interviewed on the Benzinga PreMarket Prep show where he discussed common option trading pitfalls, the benefits of option writing, the trend of $VIX, dynamic hedging,...
By Lawrence G. McMillanOnce again we see that nothing really can stop this bullish market. This week, there were three separate pieces of news/data that theoretically could have done so, but they had...
By Lawrence G. McMillan...Volatility indices ($VXST, $VIX, and $VXV) literally collapsed yesterday. They were down in the morning after Tuesday’s somewhat surprising strength, but on...
By Lawrence G. McMillanThe feature article discusses ways in which the market is “overbought,” from time spent above the 200-day moving average, to the time since a 10% correction has...
By Lawrence G. McMillanAs far as the $SPX chart is concerned, it has support at 1900. In fact, there is really support all the way down to 1860. A close below 1860 would change things, turning the...
By Lawrence G. McMillanThere are many ways that analysts have been disseminating statistics that show the current market environment is at historic levels, not only in terms of price, but in terms of...
By Lawrence G. McMillanThe market is tired and overbought, but even so it managed to claw its was back yesterday afternoon, reducing the losses to mere fractions. As a result, the indicators closed...
By Lawrence G. McMillanIf there were any doubts about the validity of the breakout to new all- time highs, they should be satisfied by now. $SPX has support at 1900, and then all the way down to...
By Ryan BrennanDo You Sell Naked Puts? If not, you may want to consider doing so. People often stay away from uncovered put writing because they hear that it is "too risky" or that it doesn't have a...