Full Title: McMillan on Options

Author: Larry McMillan (Twitter @optstrategist)

Publisher/Date:  Wiley / Marketplace Books (1996)

List Cost/Pages:  $70 Hardcover / 570 pages

Cover Notes:
The McMillan name is virtually synonymous with options. Over the years, this legendary trader’s popular and informative books, newsletters, and seminars have helped both new and seasoned investors use options to consistently enhance their trading profits.

By exploring both the flexibility and predictive ability of options, this highly revised resource will show you the best new ways to apply options to everyday trading situations. You’ll quickly learn how to establish self-contained strategies, substitute options for other financial instruments, and protect your positions–whether in stock, index, or future options. More importantly though, you’ll receive a complete education in the exciting new products that are popular with investors, from single-stock futures and exchange-traded funds to LEAPS and the brand new volatility futures.

Backed by over 100 case studies, updated charts, and new examples, McMillan on Options:

  • Illustrates how a stock can be “pinned” to a striking price at expiration, what causes it, and when to expect it
  • Discusses put-call ratio charts and theory on individual stocks
  • Examines how to use volatility indices as an accurate market predictor
  • Adapts trading systems and strategies–such as intermarket spreads and seasonal trading systems–to the realities of a new market environment
  • Presents advanced approaches to options trading, including the concepts of expected return and Monte Carlo probability simulation
  • Offers guidance for those who need to find reliable options trading data and tools online

Readers can now gain a unique insight into McMillan’s personal philosophy on options, and discover the innovative new tactics and strategies he applies to his own trading and analysis. Packed with hands-on examples and techniques that address hedging and volatility–plus fresh new pricing concepts–this comprehensive and updated work will help you understand and unleash the full power of options.

 

Note: Larry is a good friend from my days on the seminar circuit. He is genuinely a great guy with a wealth of trading information to share.