- Series: Wiley Trading
- Publisher: Wiley; 2nd edition (September 2004)
- Language: English
- ISBN-10: 0471678759
- ISBN-13: 978-0471678755
Larry McMillan's name is virtually synonymous with options. This "Trader's Hall of Fame" recipient first shared his personal options strategies and techniques in the original
McMillan on Options. Now, in a revised and Second Edition, this indispensable guide to the world of options addresses a myriad of new techniques and methods needed for profiting consistently in today's fast-paced investment arena. This thoroughly new Second Edition features updates in almost every chapter as well as enhanced coverage of many new and increasingly popular products. It also offers McMillan's personal philosophy on options, and reveals many of his previously unpublished personal insights. Readers will soon discover why Yale Hirsch of the
Stock Trader's Almanac says, "McMillan is an options guru par excellence."
Backed by over 100 case studies, updated charts, and new examples, McMillan on Options, Second Edition:
- 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