Options As A Strategic Investment Lawrence G. Mcmillan -

McMillan also covers more advanced strategies, including:

McMillan discusses various strategies for options trading, including: options as a strategic investment lawrence g. mcmillan

Perhaps McMillan’s most significant contribution to the literature is his focus on volatility. He differentiates between historical volatility and implied volatility. He teaches traders to view implied volatility as "expensive" or "cheap," advocating for buying options when volatility is low (options are cheap) and selling them when volatility is high (options are expensive). This contrarian approach to volatility is a cornerstone of his strategic methodology. McMillan also covers more advanced strategies