By Lawrence G. McMillanJoin Larry McMillan as he discusses the current state of the stock market on May 1, 2023.Click here to view this week's charts »This Market Commentary is an abbreviated version...
By Lawrence G. McMillanBill Brodsky was the CEO and Chairman of the CBOE from 1997 to 2013 and continued on as Chairman until 2017. Bill was involved in the listed option markets from the beginning...
By Lawrence G. McMillanStocks had been drifting in a tightening range, causing realized volatility to shrink, and boring the heck out of traders -- even though intraday swings were still present....
By Lawrence G. McMillanJoin Larry McMillan as he discusses the current state of the stock market on April 24, 2023.Click here to view this week's charts »This Market Commentary is an abbreviated...
By Lawrence G. McMillan Ed Tilly is the current Chairman and Chief Executive Officer of CBOE Global Markets, after having taken over from Bill Brodsky as CEO in 2013 and Chairman in 2017. Ed began...
By Lawrence G. McMillanStocks are definitely having trouble with overhead resistance near 4200. This has been a resistance area since last August (it was a failed attempt to close the gap on the...
By Lawrence G. McMillanOther bear markets have shown similar behavior: realized volatility increases by a relatively small amount, and $VIX therefore does not accelerate to extreme highs. Often, late...
By Lawrence G. McMillanJoin Larry McMillan as he discusses the current state of the stock market on April 17, 2023.Click here to view this week's charts »This Market Commentary is an abbreviated...
By Lawrence G. McMillanThe rally that began in mid-March is persisting. Market internals remain positive, and that is finally having enough of an effect on $SPX (and the market psyche) to push prices...
By Lawrence G. McMillanThis article was originally published in The Option Strategist Newsletter Volume 13, No. 3 on February 12, 2004. One of the most tantalizing, yet dangerous,...