Recent Blogs

Feb, 03, 2023

CBOE Origin Remembrances: David Lucterhand

By Lawrence G. McMillanI met David Lucterhand when we were both freshmen living on the same floor in the H-1 Dorm at Purdue in the fall of 1964. A few years later, on my first visit to the CBOE – in...

Feb, 01, 2023

Taking Some Chips Off The Table (LEAPS As A Stock Substitute) (04:12)

By Lawrence G. McMillanThis article was originally published in The Option Strategist Newsletter Volume 4, No. 12 on June 21, 1995. With the market being so high, many individual...

Jan, 30, 2023

Larry McMillan Stock Market Update Video 1/30/2023

By Lawrence G. McMillanJoin Larry McMillan as he discusses the current state of the stock market on January 30, 2023.Click here to view this week's charts »This Market Commentary is an abbreviated...

Jan, 27, 2023

Weekly Stock Market Commentary 1/27/2023

By Lawrence G. McMillanStocks have moved back and forth through several supposed minor support and resistance levels this week. As a result, the picture has developed into that of a wider trading...

Jan, 27, 2023

CBOE Origin Remembrances: Shelley Kaufman

By Lawrence G. McMillanThe following is a remembrance of the early days of listed option trading, written by my good friend, who was an arb at Paine Webber.In February of 1974, I finished my four-...

Jan, 26, 2023

The Basics: Covered Straddle Writing (04:13)

By Lawrence G. McMillanThis article was originally published in The Option Strategist Newsletter Volume 4, No. 13 on July 13, 1995. Most option traders quickly realize that time is a...

Jan, 23, 2023

Larry McMillan Stock Market Update Video 1/23/2023

By Lawrence G. McMillanJoin Larry McMillan as he discusses the current state of the stock market on January 23, 2023.Click here to view this week's charts »This Market Commentary is an abbreviated...

Jan, 20, 2023

CBOE Origin Remembrances: Lawrence G. McMillan

By Lawrence G. McMillanI had been trading over-the-counter options for some time, ever since having read the book “Beat The Market,” by Edward Thorp (yes, the same guy who originally figured out how...

Jan, 20, 2023

Weekly Stock Market Commentary 1/20/2023

By Lawrence G. McMillanStocks started the year off strongly, rallying with expanding breadth and favorable put-call ratio buy signals. However, in the end nothing changed as once again $SPX was...

Jan, 18, 2023

Averaging Up vs. Averaging Down (20:03)

By Lawrence G. McMillanThis article was originally published in The Option Strategist Newsletter Volume 20, No. 3 on February 10, 2011. Most traders are familiar with the concept of...

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