By Lawrence G. McMillanThursday's breakout upside move in the stock market has solidified the indicators together into a bullish posture. The chart of $SPX held onto a bullish picture even though the...
By Lawrence G. McMillanThe stock market staged a strong rally on Tuesday. Was it just a “Turnaround Tuesday” — a reaction to an oversold condition that had developed via the heavy...
By Lawrence G. McMillanThe market had a powerful showing Tuesday with the Standard & Poor’s 500 Index rallying 1.6% for the day. Market indicators suggest a potential 100-point rise in the...
Lawrence G. McMillan was the 2011 recipient of the The Options Industry Council's (OIC) Joseph W. Sullivan Options Industry Achievement Award. This recognition on behalf of outstanding contributions...
By Lawrence G. McMillanJuly $VIX settlement took place this morning. The official settlement price was 19.10, just slightly below last night's $VIX close of 19.21. All outstanding...
By Lawrence G. McMillanThe market is finally staging a strong rally. Is it just a “Turnaround Tuesday” thing, or have the bears fumbled the ball (they weren’t moving it very...
By Lawrence G. McMillanPut-call ratios are excellent measures of the sentiment of the general option-trading community. When the sentiment is that "too many" people are buying puts or calls, it is...
Those who are familiar with our strategies concerning takeover rumors and bids know that we eschew most rumors, preferring instead to concentrate on situations in which either a) the company has...
By Lawrence G. McMillanThe market action this week has been quite bearish and, frankly, quite out of character in terms of the indicators, but it may also be a rather severe reaction to the...
By Lawrence G. McMillanThe market was extremely strong through last Thursday, and then the wheels began to fall off. The market has fallen sharply since then, and both yesterday and today, late-day...