Book Description
Acclaim for the definitive guide to options trading—by the nation's top options expert

"In Options As a Strategic Investment, Lawrence G. McMillan demonstrated that he was without peer as an options strategist and educator. McMillan on Options is an outstanding sequel whose 'take-home value' for the reader goes beyond education to include a number of practical option trading approaches and techniques."—Bernard G. Schaeffer, FCAS

President, Investment Research Institute, Inc.

"Lawrence G. McMillan is an options guru par excellence. He tracks increased options volume, which often indicates a big move in the underlying stocks. Absolutely must reading for all day traders."—Yale Hirsch

1997 Stock Trader's Almanac

"Without a doubt the best options book currently available. McMillan on Options is a must-read for anyone professionally or individually interested in options."—Thomas J. Dorsey President, Dorsey Wright & Associates McMILLAN ON OPTIONS is savvy, streetwise, and always ahead of the investment curve. That's why results-hungry options traders, institutional investors, and portfolio managers made his Options As a Strategic Investment a bestseller. Now, Lawrence G. McMillan, the country's top options expert, has written his definitive guide on options trading strategies.

With revealing insights on the predictive power of options, trading systems, and strategies, both short- and long-term investors will appreciate McMillan's in-depth coverage of: stock, index, and futures options a wide range of strategies—and how they can help you make money numerous case studies, figures, and examples that illustrate key concepts and ideas the methodology of trading, from order entry to data sources the integration of theoretical issues with practical applications of techniques, strategies, and trading methods Illuminated by the author's personal options philosophy, McMillan on Options is the most up-to-date, innovative, and complete option strategy resource available.


The publisher, John Wiley & Sons
Thousands of investors turn to Larry McMillan, leading finance writer and advisor, for expert advice on options. In this reader-friendly book, McMillan offers the latest information on the high-profit world of options trading. This up-to-date guide provides an information-hungry marketplace with in-depth coverage of pricing strategies, volatility and risk control, hedging techniques and option philosophy, as well as key insights into the predictive power of options, the versatile option and buying and selling. Real-world examples provide hands-on applications and clear illustrations to turn theory into practice.


From the Inside Flap
McMillan on Options is savvy, streetwise, and always ahead of the investment curve. That’s why results-hungry options traders, institutional investors, and portfolio managers made his Options As a Strategic Investment a bestseller. Now, Lawrence G. McMillan, the country’s top options expert, has written his definitive guide on options trading strategies. Information is the most vital tool an investor can possess, and McMillan on Options is packed with thorough, up-to-date coverage of pricing strategies, hedging techniques, options philosophy, volatility, and risk control. In short, exactly the information you need to stay on top in a continually evolving marketplace. This eagerly awaited book illustrates how to establish self-contained strategies, substitute options for other instruments, and protect your position—whether it’s in stock, index, or futures options. McMillan will help you discover ways of applying options that you may not even be aware of. With revealing insights on the predictive power of options, trading systems, and strategies, both short- and long-term investors will appreciate McMillan’s in-depth coverage of:stock, index, and futures optionsa wide range of strategies—and how they can help you make moneynumerous case studies, figures, and examples that illustrate key concepts and ideasthe methodology of trading, from order entry to data sourcesthe integration of theoretical issues with practical applications of techniques, strategies, and trading methods Illuminated by the author’s personal options philosophy, McMillan on Options is the most up-to-date, innovative, and complete options strategy resource available.


Back Cover Copy
Acclaim for the definitive guide to options trading—by the nation's top options expert

"In Options As a Strategic Investment, Lawrence G. McMillan demonstrated that he was without peer as an options strategist and educator. McMillan on Options is an outstanding sequel whose 'take-home value' for the reader goes beyond education to include a number of practical option trading approaches and techniques."—Bernard G. Schaeffer, FCAS

President, Investment Research Institute, Inc.

"Lawrence G. McMillan is an options guru par excellence. He tracks increased options volume, which often indicates a big move in the underlying stocks. Absolutely must reading for all day traders."—Yale Hirsch

1997 Stock Trader's Almanac

"Without a doubt the best options book currently available. McMillan on Options is a must-read for anyone professionally or individually interested in options."—Thomas J. Dorsey President, Dorsey Wright & Associates McMILLAN ON OPTIONS is savvy, streetwise, and always ahead of the investment curve. That's why results-hungry options traders, institutional investors, and portfolio managers made his Options As a Strategic Investment a bestseller. Now, Lawrence G. McMillan, the country's top options expert, has written his definitive guide on options trading strategies.

With revealing insights on the predictive power of options, trading systems, and strategies, both short- and long-term investors will appreciate McMillan's in-depth coverage of: stock, index, and futures options a wide range of strategies—and how they can help you make money numerous case studies, figures, and examples that illustrate key concepts and ideas the methodology of trading, from order entry to data sources the integration of theoretical issues with practical applications of techniques, strategies, and trading methods Illuminated by the author's personal options philosophy, McMillan on Options is the most up-to-date, innovative, and complete option strategy resource available.


About the Author
LAWRENCE G. 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. Mr. McMillan currently resides in Randolph, New Jersey.

FROM THE PUBLISHER