Reducing the Risk of Option Trading

Larry McMillan explains just how easy it is to trade options. In this fascinating 86-minute DVD you will learn about the games people play with options. Larry also shares with you a short-term trading system and his philosophy on options. Larry is one of the best-selling traders and is an expert on options trading.

The Predictive Power of Futures Options

Here's your chance to learn dozens of sure-fire methods for making big money with very little risk Your instructor in this workshop is Larry McMillan, one of the world's most recognized options trading experts. After completing this video you'll know how to increase your profit potential with options on futures contracts and how to use them for protection - even when futures are locked limit against you. You'll be spellbound as Larry shows you how options can be used to "predict" the market and how options pricing and other signals can be useful in spreads and other trades. In addition, you'll find out how to use volatility for your benefit and discover the secret to using neutral strategies in your option trading. In just 90 minutes you'll get an in-depth look at the comlete philosophy of trading options from a Wall Street pro!

Using and Trading Options - Part 1

Larry teaches you how to effectively use these powerful but generally misunderstood instruments. First, Larry describes the unusual predictive power of options inherent in the fact that options traders are generally wrong. Thus, the ability to accurately identify the actions of the majority of options traders provides a unique contrary indicator. Larry also explains the one very important exception to this statement in which options act as a direct indicator of market behavior. Expiration also provides traders with often overlooked opportunities to make money. You will learn specific strategies for profiting before expiration, on expiration day itself, and after expiration day. Finally, Larry describes the concept of delta neutral trading, in which options are used to construct positions that benefit from predicting volatility rather than price. Since options generally trade in a volatility range and it is easier to predict volatility than prices, this is a much safer trading approach. The mechanics of this approach are explained, along with actual trading examples.

Using and Trading Options - Part 2

Larry builds on his 1997 seminar, adding new insights and information. You will gain an in-depth understanding of the uses (and misuses) of options, and understand their dynamics through recent trading examples. One of the industry’s foremost leaders on the subject, Larry provides a thorough summary of the use and trading of options in this information-packed TAG seminar.