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By Lawrence G. McMillanThe specter of a false upside breakout has come true, and that could prove to be a major problem for the market. In late January $SPX broke out over 4100, and it looked like...
By Lawrence G. McMillanThe CBOE’s first President, Joe Sullivan, was “everything” to the creation of the CBOE. In this article, written by Joe himself, the inner workings of politics – both in...
By Lawrence G. McMillanJoin Larry McMillan as he discusses the current state of the stock market on February 21, 2023.Click here to view this week's charts »This Market Commentary is an abbreviated...
By Lawrence G. McMillanStocks have struggled since the beginning of the month, after having traded at resistance at 4200. $SPX has fallen back below the previous breakout level of 4100. Any close...
By Lawrence G. McMillanEditor’s note: trader and mathematician Michael Greenbaum is famous in the world of option trading as the firm he founded – O’Connor Associates – became synonymous with the...
By Lawrence G. McMillanThis article was originally published in The Option Strategist Newsletter Volume 8, No. 13 on July 8, 1999. After having spoken at many conventions and seminars...
By Lawrence G. McMillanJoin Larry McMillan as he discusses the current state of the stock market on February 13, 2023.Click here to view this week's charts »This Market Commentary is an abbreviated...
By Lawrence G. McMillanI met Mike Gallagher shortly after I joined Thomson McKinnon Auchincloss Kohlmeyer (TMAK) in 1976. Mike ran the Thomson operation on the floor of the CBOE at the time. Later,...
By Lawrence G. McMillanBear markets are tricky, and if what we are seeing now is the continuation of the bear market, it is exhibiting some of the actions that are designed to fool most of the people...
By Lawrence G. McMillanThis article was originally published in The Option Strategist Newsletter Volume 2, No. 7 on April 8, 1993. Many strategists like to position themselves so that...

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