Possible Adjustment of SPX Credit Spread

We are seeing some buoyancy in the market, which is not forcing an adjustment to the bear call spread but just making for a mild level of anxiety. Our adjustment trigger is in place and, given the opportunity, a put spread can be sold to enhance the credit for this trade. What we are waiting to see is whether the market loses upward momentum here.

Also, Karen Guerra, Larry McMillan's assistant, got back in touch with me. She and Larry have "sweetened the deal" for my readers. You may recall that we were offered a pretty good discount on a live seminar with Larry McMillan. Well, they are also throwing in Larry's $599 DVD home study course at no charge. All the details are here:

Larry McMillan Seminar Discount

Or, just call them at (800) 724-1817 and tell them you're a member of TheOptionClub.com.

Good trading!

Christopher Smith
TheOptionClub.com

Lawrence G. McMillan

I recently received a telephone call from Karen Guerra who works for Larry McMillan.

I am sure everyone knows who Larry McMillan is, but for anyone who does not he is a very well known and respected options expert and author of "McMillan on Options", "Options As A Strategic Investment," "New Insights On Covered Call Writing", etc.

Larry McMillan is putting on a seminar this month in Los Angeles, and later this year in New York. They are extending an invitation to our group to attend. I told Karen I would be happy to pass the invitation along to the group, but I also told her she should get Larry's blessing to give us a discount. She agreed and so did Larry!

The L.A. seminar is at the end of this month. Karen has cut the price for TheOptionClub subscribers from $1,299 to $999. I figure if you read this blog, you're a subscriber...

The New York seminar is not until October 15th, so they have knocked another $100 off of the price for "early bird" registrations, so you can sign up today for $899.

Seating is limited to just 45 attendees. It's just you, Larry McMillan, and 44 others, so they are expecting a sell-out.

If you want more information, if you want to take a look at the course outline, or you want to sign up, you can use the following link:

http://www.theoptionclub.com/support/mcmillan-seminar.html

You can also call them at (800)724-1817, but be sure to tell them you're a member of TheOptionClub.com to get the discounted registration price.

Karen Guerra said that if anyone has questions, feel free to ask for her and she is happy to help.

So, I am pretty excited that our site caught the attention of Larry McMillan and his staff. I also think it is very gracious of them to accommodate us as they have, and what a terrific opportunity to spend a day with one of the most respected names in stock options trading!

Feel free to get in touch with Karen with any questions, or post them here and I'll get a response for you. If you decide to attend one of the seminars, let me know!

Christopher Smith
TheOptionClub.com