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TRADE PLAN for Thursday πŸ“ˆ

$S&P 500(.SPX)$ had another consolidation day under 7700. It just printed 3 consecutive red days as well. IF SPX gives up 7600 we can see one more flush to 7550-7580 range. The market is waiting for CPI data on Friday. Be patient for now, SPX needs 7700 to look at calls or under 7600 for puts. $Micron Technology(MU)$ closed at 1027 today. It held the 1k support at the open and closed green on the day with $Invesco QQQ(QQQ)$ lower. MU is winding up for 1250+ again this year. I'd stay bullish above 1000 $Advanced Micro Devices(AMD)$ 530 is a breakout level for
TRADE PLAN for Thursday πŸ“ˆ

TRADE PLAN for Wednesday πŸ“ˆ

TRADE PLAN for Wednesday πŸ“ˆ $S&P 500(.SPX)$ much weaker today compared to $Invesco QQQ(QQQ)$. SPX closed the day -45 with QQQ almost flat. SPX failed to hold the 7700 support level. It's a risk off for the upside as long as SPX stays under 7700. $Micron Technology(MU)$ gapped up and touched 1040 but dropped to 1000 by the close. MU need t o defend the 1k support level otherwise it can drop another 20-30 pts again. $Robinhood(HOOD)$ if it holds near 116 over the next 2 days I'd start looking at calls again for a move back up to 125. We need to see BTC back ab
TRADE PLAN for Wednesday πŸ“ˆ
avatarMcMillan Daily
09-08 04:53

Free Weekly Stock Market Commentary 9/4/26

$TVIX$ $UVIX$ $DECP$  By Lawrence G. McMillan After making new all-time highs on August 14th, $SPX has struggled a bit. There is a very minor downtrend line on the chart right now, after a series of negative days accompanied in general by terrible breadth. That pullback seems to have culminated with a retest of the 7600-7620 support level this past Tuesday, September 1st. That support level is marked with a thick red horizontal line on the $SPX chart in Figure 1. If it gives way, a much more negative picture will emerge, but so far support has held. As for resistance, one can see (from the same chart), that there is a minor downtrend line in place
Free Weekly Stock Market Commentary 9/4/26

.SPX& QQQ: The Value of Technical Chart

This is how I print money every week: - $S&P 500(.SPX)$ or $Invesco QQQ(QQQ)$ setting the direction on the daily and weekly chart. - Price pulling back to a key level I marked Sunday. - Level holds with a clean reaction. - Context confirms the broader market is aligned. - Enter only when the setup is undeniable. Focus on 3-5 tickers you know inside out. Rinse and repeat every single week.
.SPX& QQQ: The Value of Technical Chart

Option Strategies: ADBE

Hello everyone! Today i want to share some option strategies with you! 1 $Adobe(ADBE)$ announces earnings after the closing bell on Thursday this week. Expected move is less than 10%. Am targeting the Sep 18 expiry $215 or $220 strikes for a put-write trade to play earnings. Follow me to learn more about analysis !!
Option Strategies: ADBE
avatarMcMillan Daily
09-08 22:48

Larry McMillan Stock Market Update Video 9/8/2026

$GOTU$  By Lawrence G. McMillan Join Larry McMillan as he discusses the current state of the stock market on September 8, 2026. https://www.youtube.com/embed/bwA7adh28pA$GOTU$ 
Larry McMillan Stock Market Update Video 9/8/2026

Option Stratgies: MU, MSTR& .SPX

Hello everyone! Today i want to share some trading strategies with you! 1 $S&P 500(.SPX)$ TRADE PLAN πŸ“ˆ πŸ“‰ SPX bullish plan: SPX above 7700 | SPX Sept 9 7750C πŸ“ˆ T: 7759, 7800 SL 7661 SPX bearish plan: SPX under 7700 | SPX Sept 9 7650P πŸ“‰ T: 7650, 7638 SL 7720 SPX had a volatile week after dropping to 7611 into Tuesday then moving up to 7750 by Friday. As long as SPX can form a new base above 7700 this week we can see 7816 in the next 8 trading days. SPX through 7816 can run to 8000. Calls can work above 7700 this week. If SPX gives up 7700, avoid calls. 2 $Strategy(MSTR)$ Trade Idea: Oct 31 170C Trigger: 137 βœ… Targets: 151, 170 🎯 Stop: 127 πŸ›‘ MSTR had another big breakout t
Option Stratgies: MU, MSTR& .SPX

Option Strategies: ORCL& BRZE

Hello everyone! Today i want to share some option strategies with you! 1 $Braze, Inc.(BRZE)$ announces earnings after the market close on Tuesday. Expected move is ~16%. Am πŸ‘€ the Sep 18 expiry $22.5 strike for a put-write trade. That strike sits at the point-of-control for the larger uptrend. 2 $Oracle(ORCL)$ announces earnings after market close on Thursday. Expected move is ~11%. Am liking that 115 level for a put-write trade. Current price is at the point-of-control ... might take an aggressive ATM put-write trade also. πŸ€”
Option Strategies: ORCL& BRZE

Option Strategies: PL& ZS

Hello everyone! Today i want to share some option strategies with you! 1 Took the following optionselling trades on $Zscaler Inc.(ZS)$ ... Wrote the Sep 18 $135 puts & Sep 4 $255 calls, and also took a very aggressive ATM trade. Got excited about that earnings pop, but am now hoping the IV crush on an ATM strike is enough to put that Mar 2027 175P trade in profit. 🀞🏽 2 Wrote a conservative put credit spread on $Planet Labs Pbc(PL)$ to play earnings for πŸ’© and πŸ˜‚ ... and help pay for dinner tonight. Targeted that strong 13/12 volume support level.
Option Strategies: PL& ZS

TRADE PLAN for LOTTO FRIDAY πŸ“ˆ

TRADE PLAN for LOTTO FRIDAY πŸ“ˆ $S&P 500(.SPX)$ new all time highs in play by next week if we get a positive reaction to NFP data tomorrow and CPi next Friday. Calls can work 7750 tomorrow. $Invesco QQQ(QQQ)$ all about 715 this month, if it starts to form a new base above 715 we can zee a push to 722,728. $Strategy(MSTR)$ big breakout today with $Bitcoin(BTC.USD.CC)$ above 80k BTc to 100k coming again. $Strategy(MSTR)$ possible we see 200 if BTC runs to 100k. Calls can work above 140 for MSTR.
TRADE PLAN for LOTTO FRIDAY πŸ“ˆ

INVST Acquires McMillan: Two Teams. One Standard. One Mission.

$SMP$  By Lawrence G. McMillan McMillan has joined INVST β€” and the research, advisories, data, and market analysis you rely on will continue. We recently announced an important new chapter in McMillan’s history: INVST has acquired McMillan. For our longtime subscribers, customers, and readers, we want to start with the most important point: McMillan isn’t going away. The research, market commentary, options expertise, advisories, data, indicators, and educational resources that McMillan subscribers have relied on for decades will continue. Larry McMillan and the McMillan team remain actively involved, and our commitment to disciplined, research-driven options analysis remains unchanged. Why INVST? McMillan has always approached the market
INVST Acquires McMillan: Two Teams. One Standard. One Mission.

.SPX: 3 Distinctive Market Conditions

The last two times the Fed hiked in a midterm September: one crash, one bottom. Round three is in two weeks, here’s how to trade into the event πŸ‘‡ $S&P 500(.SPX)$ closed at 7,631, its lowest level since August 4, after losing the 7,650-7,700 zone it defended for two weeks. Oil is surging on the Strait of Hormuz escalation, the 10-year is pressing 4.8%, and rate markets flipped to pricing a September hike. Jobs Friday, then FOMC mid-month. Three paths from here. Scenario #1: The September Flush Oil and yields don’t let up and the breakdown follows through. $SPX loses 7,600, bounces get sold, and the flush runs to 7,500 (roughly 4% off the highs) where the market finally bottoms out. If the midterm playbook holds, that’s the low o
.SPX: 3 Distinctive Market Conditions

TRADE PLAN for Thursday πŸ“ˆ

Hello everyone! Today i want to share some trading strategies with you! The price action in both $S&P 500(.SPX)$ $Invesco QQQ(QQQ)$is getting tighter this week. We should see an expansion out of this range in the net 2 days. If you see $SPX reclaim 7700 and $Invesco QQQ(QQQ)$ reclaims 712, it's RISK ON for the upside. $S&P 500(.SPX)$ to 7745-7550 and $Invesco QQQ(QQQ)$ to 715-718 in play once the levels above line up. $Dell Technologies Inc.
TRADE PLAN for Thursday πŸ“ˆ

Free Weekly Stock Market Commentary 8/28/26

$NVDA$ $DECU$ $TVIX$  By Lawrence G. McMillan Traders were a bit leery of some potentially volatile events this week, but so far they have not proven to be troublesome. The NVIDIA (NVDA) earnings were positive, and the stock rose. That was a relief to the market. Also, Fed Chair Warsh made the Keynote Address at the Jackson Hole Monetary conference this morning. The market's reaction is muted. There is still resistance at 7740 to overcome (blue horizontal line on the chart in Figure 1), but that is certainly doable. There is major support in the 7600-7640 area, which not only is the level of the previous all-time high, but is also where a gap exist
Free Weekly Stock Market Commentary 8/28/26

The Team Can Lose, But SPY Must Not Fall

"Stock God" Leopold was margin-called and forced to transfer his holdings β€” Citadel Securities swooped in and picked them up at a bargain price. The very next day, the market rebounded sharply with a massive surge. There's something worth reminding everyone about: Citadel Securities acquired Morgan Stanley's options market-making business in 2025 and is likely the largest options market maker in the market today. As we all know, options liquidity is provided by market makers, so Leopold's large block buy orders were essentially visible chips in the eyes of the market makers. This reminds me of the old saying β€” "the mantis stalks the cicada, unaware of the oriole behind." The large block trades I've been tracking might just be fat lambs waiting to be sheared in the eyes of the market makers
The Team Can Lose, But SPY Must Not Fall

Free Weekly Stock Market Commentary 8/14/2026

$TVIX$ $UVIX$ $DECP$  By Lawrence G. McMillan After the monster rally of 400 points in just a few days in early August, $SPX took a few days to consolidate. Now it is making new all-time highs once again. There should be some support in that consolidation area (7700-7800), with stronger support at the old highs (7620). There is also a gap at the 7600 level which would act as support as well. There has been a good deal of reluctance on the part of the investment community to climb on board this northbound train. But it finally looks like put buying is slowing down, and the rally is spreading out to more and more issues (i.e., breadth is improving).
Free Weekly Stock Market Commentary 8/14/2026

Trading Strategies: PANW, AVGO, DELL& SNOW

Hello everyone! Today i want to share some option strategies with you! 1 $Palo Alto Networks(PANW)$ announces earnings on Tuesday after market close. Expected move is ~9%. Am looking at writing cash-secured puts around the 200EMA area of 257 and put credit spreads at the 300 short strike, all trades Sep 18 expiration. 2 Was going to trade $Dell Technologies Inc.(DELL)$ for earnings this week thinking that it was still in the 100s. How TF did it get into the 400s !!! 3 $Broadcom(AVGO)$ announces earnings on Wednesday after market close. Expected move is ~7-8%. Gonna write the Sep 18 expiry $290 strike put. 4 Really w
Trading Strategies: PANW, AVGO, DELL& SNOW

INVST Acquires McMillan: Two Teams. One Standard. One Mission.

$SMP$  By Lawrence G. McMillan We’re excited to announce that INVST has acquired McMillan, bringing together two firms built on a shared belief in disciplined investing, deep expertise, and putting clients first. Founded by Larry McMillan, McMillan has spent decades at the forefront of options strategy, investment research, and risk management. Larry’s Options as a Strategic Investment has sold more than 300,000 copies, and the McMillan team has built its reputation around a repeatable, rules-based approach to managing risk and opportunity. Now, that expertise becomes an integrated part of the INVST investment team. For INVST clients, this means greater access to sophisticated options and risk-management strategies, additional resources for ad
INVST Acquires McMillan: Two Teams. One Standard. One Mission.

Larry McMillan Talks Markets & Options

$GOTU$  By Lawrence G. McMillan Yesterday, I joined the team at tastylive for a conversation about the current market, some of the strategies I’m trading today, and how my approach to options has evolved over the years. We started with the broad market. I remain cautiously bullish, particularly as long as the S&P 500 holds above the 7,600 level. The subdued $VIX and positively sloped volatility term structures are also encouraging, although breadth and new highs versus new lows remain somewhat shaky. From there, we got into some of the strategies I’ve been using recently, including 0DTE index options, put credit spreads combined with upside calls, broken-wing butterflies, and rolling positions as the market moves. We also spent some time
Larry McMillan Talks Markets & Options

TRADE PLAN for Wednesday

Sharp sell off today in $S&P 500(.SPX)$ and $Invesco QQQ(QQQ)$ after the gap down. $S&P 500(.SPX)$ 7620 is a key support level.. if this level fails we can see a sell off to 7580,7550 next. Puts can work under 7620 tomorrow. I'd wait for 7700 for calls. $Invesco QQQ(QQQ)$ if 702 breaks we can see a flush to 693. Puts can work under 702. There's been more escalation in the Iran war and the Treasury yields + Oil are also rising. Lots of headwinds over the next 2 weeks. Risk off for now as long as $SPX stays under 7700 and
TRADE PLAN for Wednesday