By Lawrence G. McMillanWe all know there are risks to 0DTE trading – mostly the swift time decay, changing delta and gamma, and potentially violent price moves by the underlying. But serious...
By Lawrence G. McMillanJust a week ago, $SPX had broken down below support at 5260, and it seemed like the bears might be flexing their muscles. But it was a weak decline, which abruptly turned...
By Lawrence G. McMillanBack in 2014, we published an article entitled “Sell In May and Go Away...or don’t.” At this time, we’re going to update the data in that article and discuss what it...
By Lawrence G. McMillanStocks seemed a little "tired" after making new all-time highs earlier in May. $SPX traded in a fairly tight trading range between 5260 and 5340 for two weeks. The support at...
By Lawrence G. McMillanThe broad stock market, as represented by $SPX, held at new highs for most of this week while a number of fundamental events took place: bond auction (a yawner), Fed minutes (...
By Lawrence G. McMillanThis article was originally published in The Option Strategist Newsletter Volume 23, No. 9&10 on May 23, 2014. One of the luxuries of publishing a “double...
By Lawrence G. McMillanThe last of our indicators to turn fully bullish was the chart of $SPX itself. Sometimes that happens, where $SPX is lagging the indicators, but now it has caught up. The move...