By Lawrence G. McMillanThe market, as measured by $SPX, moved to new relative highs this week, finally breaking out over resistance at 3280. From there, it quickly moved to 3330, closing the huge gap...
By Lawrence G. McMillanThis article was originally published in The Option Strategist Newsletter Volume 15, No. 10 on May 25, 2006. As the market has declined, $VIX has risen...
By Lawrence G. McMillanEvery so often, we take a look at cumulative breadth and volume, when they appear to have something to “say.” This could be one of those times, as cumulative volume has already...
By Lawrence G. McMillanThe stock market has remained in a fairly tight range ever since breaking out over resistance at 3185 in mid-July. This has had the effect of reducing realized volatility (more...
By Lawrence G. McMillanStocks have managed to overcome each resistance level with some effort but have not been able to accelerate to the upside. $SPX has encountered resistance at 3155, 3185, 3235,...
By Lawrence G. McMillanThis article was originally published in The Option Strategist Newsletter Volume 9, No. 12 on June 22, 2000. The reverse calendar spread strategy is not one that...
By Lawrence G. McMillanThe S&P 500 Index ($SPX) continues to trade in a tightening range. It seemed as if the closing of the gap on the island reversal and subsequent move above 3185 should have...
By Lawrence G. McMillanThis article was originally published in The Option Strategist Newsletter Volume 17, No. 11 on June 12, 2008. In this article, we’re going to examine a popular...