Larry McMillan Stock Market Update Video 4/20/2026
Larry McMillan released a market update on April 20, 2026, outlining a volatile equity landscape driven by mixed earnings and a cautious Federal Reserve. He noted that inflation is easing, prompting the Fed to likely pause rate hikes, while the technology sector shows a modest rebound after a Q1 slowdown. McMillan emphasized the importance of defensive options, such as protective puts, and suggested investors tilt toward high‑quality dividend stocks to navigate uncertainty.
Cheap Butterflies As Speculative Trades (Preview)
Lawrence G. McMillan’s April 16, 2026 preview shows how butterfly spreads—often viewed as conservative, multi‑leg options—can be deployed as low‑cost speculative trades. By buying and selling calls (or puts) at three strikes, traders can lock in a maximum loss equal to the...
Free Weekly Stock Market Commentary 4/10/2026
The S&P 500 rebounded from a March 30 low near 6,300, breaking through 6,600 and leaping past 6,800 after a temporary cease‑fire in the Iran conflict. The rally now tests resistance just above 6,800, with further upside toward the 7,000 all‑time...
Intensive Option Webinar: Modern Portfolio Protection
Lawrence G. McMillan’s intensive webinar on modern portfolio protection outlines how options can be employed to manage downside risk while preserving upside potential. The session covers both surgical tools—such as collars and covered writing—and systematic approaches like index hedging and...
Larry McMillan Stock Market Update Video 4/6/2026
On April 6, 2026, veteran options strategist Larry McMillan posted a new Stock Market Update video. In the briefing, he reviewed the current equity market, noting persistent volatility and shifting monetary policy. McMillan offered actionable options‑based recommendations and reiterated the importance...
Intensive Option Webinar: Volatility Trading
Lawrence G. McMillan’s intensive four‑hour webinar, recorded in December 2012, delves into volatility trading and the practical application of option theory. It teaches how to measure implied volatility, spot mispricings, and construct disciplined trades that prioritize risk management over pure speculation....
Larry McMillan Stock Market Update Video 3/30/2026
Larry McMillan released a video update on March 30, 2026, outlining the current state of the U.S. stock market. He highlighted elevated volatility, persistent high‑interest rates, and the upcoming earnings season as key drivers. McMillan stressed the importance of disciplined...
A Guide To Trading Volatility (Preview)
Lawrence G. McMillan outlines the current wave of implied‑volatility trading as geopolitical tension in Iran pushes put‑call ratios higher and lifts the Cboe VIX and its related products. The article notes that equity puts and S&P 500 index puts are driving...
Free Weekly Stock Market Commentary 3/13/2026
The S&P 500 index slipped below its December low of 6,720, a move that historically precedes an average 10% decline, putting the next target near 6,050. Technical charts now display a budding downtrend with the next support zone identified around 6,500‑6,550....
Trading the VIX/SPY Relationship: A Strategy Webinar
Lawrence G. McMillan’s March 11 webinar highlighted the normally inverse VIX‑SPY relationship and how occasional distortions create trading opportunities. He explained that when volatility spikes while the S&P 500 stalls, the pricing gap between VIX options and SPY options widens. The...
Update On: Disorder In the Volatility Markets (Preview)
Lawrence G. McMillan revisits his volatility‑market framework, highlighting how large gaps between the VIX (implied volatility) and the 20‑day historical SPX volatility (HV20) can forecast market turning points. A VIX‑HV20 spread above 15 triggers a short‑term buy signal once it...
Rolling Up Vs. Trailing Stops (Preview)
Lawrence G. McMillan details a rolling‑up options strategy applied to the Silver ETF (SLV), where deep‑in‑the‑money calls were sold for credit and replaced with at‑the‑money calls. Each roll generated cash, creating a psychological edge and limiting downside to the premium...
The Mechanics Behind Volatility Derivatives Webinar
Lawrence G. McMillan hosted a deep‑dive webinar on volatility derivatives, moving beyond the basic VIX definition to explore real‑world behavior of VIX futures, term structure, and hedged spreads. The session covered practical tactics such as "The Big (Volatility) Short" and...
Free Weekly Stock Market Commentary 2/20/2026
Lawrence G. McMillan notes the S&P 500 is trapped in a tight range, with resistance near 7,000 and support between 6,720 and 6,800. Equity‑only put‑call ratios have risen to their most bearish levels since late January, indicating heavy downside protection...
What Are the Greeks in Options Trading? (Delta, Theta, Vega Explained)
Lawrence G. McMillan’s February 19, 2026 webinar dives deep into the option Greeks—delta, gamma, theta, and vega—explaining their mathematical roots in the Black‑Scholes model and how they interact in real‑time risk management. The session moves beyond textbook definitions to demonstrate practical techniques...