Options as a Strategic Investment
ABOUT THE BOOK
Options as a Strategic Investment by Larry McMillan is widely recognized as the definitive guide for options trading.
This comprehensive book teaches investors how to use options to maximize portfolio returns while managing risk in all market conditions.
Covering a full spectrum of strategies—from basic covered calls to advanced techniques like LEAPS, iron condors, calendar spreads, synthetic straddles, and volatility derivatives—this guide is essential for both beginner and experienced options traders.
The book also explains fundamental options concepts such as calls, puts, strike prices, and expiration dates, accompanied by real-world examples, exhibits, and practical checklists.
ABOUT THE AUTHOR
Larry McMillan is a leading market strategist, options trader, and founder of McMillan Analysis Corporation, a premier financial consulting firm.
With decades of experience in options and derivatives, McMillan has helped both individual and institutional investors apply practical, market-tested strategies.
His authoritative insights have influenced generations of traders, making him one of the most respected figures in options trading and investment strategy.
PRAISE FOR THE BOOK
"Options as a Strategic Investment has answered many questions; and each succeeding edition has answered many more. It is the options reference in our office."
—John Bollinger, President of Bollinger Capital Management
"This latest version of his original classic presents his latest thinking on options. McMillan is truly the master of his field."
—John Murphy, President of Murphy Morris
"Larry's book is the bible of the options community. It has established the benchmark by which all other option books are compared - and none measure up."
—Alex Jacobson, Vice President of International Securities Exchange
"This book is an important part of any serious trader's library. I highly recommend it to both inexperienced and experienced option traders alike."
—Tom DeMark, Hedge Fund Consultant