By Lawrence G. McMillan50 years ago, on April 23rd, 1973, the CBOE opened its doors and listed option trading began. For the first time, such things as standardized striking prices and expiration...
By Lawrence G. McMillanAn item that has been affected by higher interest rates is the premium on S&P (and other) Index futures. The premium on a stock index futures contract is related to...
By Lawrence G. McMillanIt turns out that the increase in interest rates has gone on long enough and raised rates enough that some things regarding derivatives are occurring that haven’t been in place...
By Lawrence G. McMillanJoin Larry McMillan as he discusses the current state of the stock market on January 9, 2023.Click here to view this week's charts »This Market Commentary is an abbreviated...
By Lawrence G. McMillanWe are well into the new year of trading, and the seasonally bullish period surrounding year-end has passed. The Santa Claus Rally produced a small gain for $SPX of 30 points...
By Lawrence G. McMillanThis article was originally published in The Option Strategist Newsletter Volume 14, No. 22 on November 23, 2005. As we enter the holiday season, the media will...
By Lawrence G. McMillanHappy New Year! Join Larry McMillan as he discusses the current state of the stock market onJanuary 3, 2023.Click here to view this week's charts »This Market Commentary is an...
By Lawrence G. McMillanThis is supposed to be a positive time of the year for the stock market -- the so-called "Santa Claus Rally" period. Typically, the market advances about 1% during the last...
By Lawrence G. McMillanJoin Larry McMillan as he discusses the current state of the stock market on December 27, 2022.Click here to view this week's charts »This Market Commentary is an abbreviated...
By Lawrence G. McMillanStocks continue to struggle after $SPX broke down through the 3900 support level a week ago. The end of the trading year typically brings with it a short-term rally, classified...