McMillan on Options

by Lawrence G. McMillan

Legendary trader Larry McMillan does it-again-offering his personal options strategies for consistently enhancing trading profits 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 It also offers McMillan's personal philosophy on options, and reveals many of his previously unpublished personal insights.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."

Genres: Finance

672 pages, Hardcover

First published January 1, 1996

Reviews

[Phil Toop]

Some good explanations and plentiful use of both hypothetical and real examples would make parts of this book useful for those with a basic understanding of options.
I did have trouble getting past the very annoying use of ‘striking’ price when referring to the strike price of options. In my 29 years experience trading options I have never come across anyone else using the term ‘striking’ in this context.
There were a small number of errors which could cause confusion (such as mixing up puts and calls in detailing a strategy).

[Leandro Bazerque]

Good informatio source but a newer version would be nice

[Cees Smit]

Het standaard optie boek

[James]

Larry's simple explanations, using tables rather than formulae, for example, are quite effective.

[Mazhar Pirani]

Reader should have some knowledge of Futures an Options before reading this book as it is not a beginner's book. Interesting read however, but probably need to read it a few more times for concepts to digest and several ideas for more active traders.

[Frank Palardy]

This is a good book on options, the first one. Still works. I read it awhile ago.