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Street Smarts: Lawrence McMillan

02/11/2009 10:52 am EST

Focus: FOREX

Lawrence McMillan

Founder and President, McMillan Analysis Corporation

In this interview, Larry McMillan discusses why traders should be trading volatility derivatives and why they have been profitable for him in the past six months. He also gives his predictions for the S&P for the months to come, and explains how to profit from his predictions using covered calls. He then talks about how watching the daily volatility can help you use the 20-, 50-, and 100-day measures of implied volatility to find opportunities in covered call writing.

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