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By Lawrence G. McMillan Ed Kelly was one of the original floor brokers on the CBOE from Day One. He served on many important committees and was a stalwart at the Exchange. Joe Doherty – whose own...
By Lawrence G. McMillanA rather large dichotomy is emerging in this market: the chart of $SPX remains bearish, while most everything else is taking on a bullish slant. This has happened before, and...
By Lawrence G. McMillanThis article was originally published in The Option Strategist Newsletter Volume 9, No. 17 on September 14, 2000. Covered call writing is not a subject that we...
Dow Jones Historical Volatility 1928 - 1984
By Lawrence G. McMillanOne of the questions that traders – both retail and professional – have been asking all throughout the bear market that began in January 2022 is “What Is Wrong With $VIX?”...
By Lawrence G. McMillanJoin Larry McMillan as he discusses the current state of the stock market on March 27, 2023.Click here to view this week's charts »This Market Commentary is an abbreviated...
By Lawrence G. McMillanAs for the $SPX chart, it once again shows a lower high and lower low, since that February top. Moreover, the latest rally attempt, which began on March 13th, appears to merely...
CBOE Trading Pit
By Lawrence G. McMillanThis article was originally published in The Option Strategist Newsletter Volume 12, No. 9 on May 8, 2003. The 30th anniversary of the Chicago Board Option...
By Lawrence G. McMillanJoin Larry McMillan as he discusses the current state of the stock market on March 20, 2023.Click here to view this week's charts »This Market Commentary is an abbreviated...
By Lawrence G. McMillanStocks broke down early this past week, but found support in the same area as the late-December trading range. Specifically, $SPX broke down below 3930 and traded down into the...
By Lawrence G. McMillanThis article was originally published in The Option Strategist Newsletter Volume 1, No. 22 on November 12, 1992. In the last issue, we looked at some of the...

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