Larry McMillan is credited as being one of the country’s top experts on options trading, and his books Options as a Strategic Investment and McMillan on Options are deemed gospel by serious traders. McMillan on Options provides the theory, trading approaches, and techniques that intermediate to advanced traders turn to when managing volatile markets. The Second Edition of this classic title features updates in almost every chapter, expanding the content to include in-depth coverage of single stock futures, LEAPS, and put-call ratios. With almost 30% of the material revised, McMillan expands on the discussion of the NYSE as a faulty indicator, the history of market volatility, and buying and selling volatility. The Second Edition brings this must-own reference completely up to date. With revealing insights on the predictive power of options, trading systems, and strategies, both short- and long-term investors will benefit from: Comprehensive coverage of stock, index, and futures options Exposure to a wide range of strategies for trading in volatile markets Numerous case studies, figures, and examples that illustrate key concepts and ideas The integration of theory with practical applications of techniques, strategies, and trading methods The author’s personal options philosophy
Book Details:
- Author: Lawrence G. McMillan
- ISBN: 9780470245224
- Year Published: 2004
- Pages: 672
- BISAC: BUS036040, BUSINESS & ECONOMICS/Investments & Securities / Options
About the Book and Topic:
Larry McMillan is credited as being one of the country’s top experts on options trading, and his books Options as a Strategic Investment and McMillan on Options are deemed gospel by serious traders. McMillan on Options provides the theory, trading approaches, and techniques that intermediate to advanced traders turn to when managing volatile markets. The Second Edition of this classic title features updates in almost every chapter, expanding the content to include in-depth coverage of single stock futures, LEAPS, and put-call ratios. With almost 30% of the material revised, McMillan expands on the discussion of the NYSE as a faulty indicator, the history of market volatility, and buying and selling volatility. The Second Edition brings this must-own reference completely up to date. With revealing insights on the predictive power of options, trading systems, and strategies, both short- and long-term investors will benefit from: Comprehensive coverage of stock, index, and futures options Exposure to a wide range of strategies for trading in volatile markets Numerous case studies, figures, and examples that illustrate key concepts and ideas The integration of theory with practical applications of techniques, strategies, and trading methods The author’s personal options philosophy
An option gives traders the right to buy or sell a particular underlying security at a specific price withing a specified period of time. Options are a perfect way to offset risk in dealing with volatile market situations. Whether dealing with stock or futures markets, the strategies in McMillan on Options, 2/e will enhance profit-taking for the intermediate to advanced trader.
THE DEFINITIVE REFERENCE ON OPTIONS TRADING NOW COMPLETELY UPDATED: The Second Edition features updates, expanded discussions, new cases, and revised strategies amounting to significant revisions in almost every chapter of the original edition. McMILLAN IS THE NAME IN OPTIONS: Larry McMillan is one of the country’s most renowned experts on options trading. His books are must-reads for any serious trader, and his seminars, speeches, and newsletter are important resources for this community. A TRACK RECORD OF SUCCESS: McMillan’s previous books Options as a Strategic Investment and the first edition of McMillan on Options have enjoyed strong commercial success and have been critically acclaimed.
About the Author
Lawrence McMillan is the President of McMillan Analysis Corporation. He authors “Daily Volume Alerts,”a unique daily fax service, which selects short-term stock trades by looking for unusual increases in equity option volume. He also edits and publishes The Option Strategist, a derivative products newsletter covering equity, index, and futures options. He has spoken on options strategies at many seminars and colloquiums in the United States, Canada, and Europe. In addition, he trades his own account actively in the options markets. He was formerly Senior Vice President in charge of the Equity Arbitrage Department at Thomson McKinnon Securities, Inc. McMillan is the author of the bestselling Options As A Strategic Investment and the classic book, McMillan On Options. This is a Marketplace book.