Larry McMillan – The Volatility Primer
https://www.optionstrategist.com/

➡️ Understand Volatility Like a Professional Trader
"The Volatility Primer" by Larry McMillan is a comprehensive, no-nonsense educational course designed to demystify volatility and give traders the tools to confidently incorporate volatility analysis into their options strategies. Known for his expertise in options and market behavior, Larry McMillan delivers a focused and in-depth program that teaches you not just what volatility is—but how to trade it.

Volatility is the heartbeat of the options market. If you don’t understand it, you're trading blind. This course takes you through the principles, measurement, and application of volatility in trading, making it ideal for anyone who wants to develop a real competitive edge in today’s markets.

➡️ What is Covered in The Volatility Primer
✅ A clear explanation of historical volatility and implied volatility
✅ The difference between volatility and risk — and how to measure both
✅ How volatility impacts options pricing and premiums
✅ Strategies that are volatility-dependent vs. those that are volatility-agnostic
✅ When to buy volatility, when to sell it, and how to profit from volatility shifts
✅ How to read the VIX and interpret volatility skews and term structures

➡️ Course Goals and Objectives
✅ Provide a foundation for using volatility as a key input in trade decisions
✅ Teach practical, real-world tactics for trading volatility
✅ Help traders avoid common mistakes made with misjudged volatility
✅ Enable more accurate position sizing and strategy selection
✅ Offer examples of volatility trades from actual market conditions

➡️ Who This Course Is For
✅ Options traders seeking to deepen their understanding of market dynamics
✅ New and intermediate traders who want to build a solid foundation in volatility
✅ Experienced traders who want a refresher with McMillan’s practical insights
✅ Investors curious about the role volatility plays in portfolio hedging and speculation

➡️ Key Learning Outcomes
✅ Learn how to anticipate changes in volatility and adjust your strategies accordingly
✅ Gain confidence in using volatility to time entries and exits
✅ Understand how implied volatility affects straddles, strangles, and spreads
✅ Recognize overvalued and undervalued options using volatility comparisons
✅ Discover how professional traders think about and exploit volatility

➡️ What’s Included
✅ Full access to "The Volatility Primer" lecture and training content
✅ Charts, case studies, and examples to reinforce learning
✅ Instruction directly from Larry McMillan, a pioneer in volatility trading
✅ Practical tools and mental models that can be applied immediately

➡️ Benefits of This Course
✅ Demystifies the most misunderstood concept in options trading
✅ Puts you ahead of 90% of traders who ignore volatility or use it incorrectly
✅ Equips you with tactics used by hedge funds and institutional traders
✅ Adds an analytical layer to your trading that improves your edge and consistency
✅ Can be used for directional, neutral, and volatility-based trading strategies

➡️ About Larry McMillan
✅ Legendary options trader and founder of McMillan Analysis Corporation
✅ Author of Options as a Strategic Investment, the #1 reference in the options industry
✅ Advisor to hedge funds, institutional traders, and retail investors for decades
✅ Known for turning complex topics into clear, practical learning

➡️ Why Volatility Matters Now More Than Ever
Markets today move faster and more unpredictably than ever before. With the rise of algorithmic trading, macroeconomic volatility, and geopolitical risk, traders must be able to understand and anticipate changes in market volatility to survive and thrive. This course gives you the tools to do exactly that.

➡️ Final Thoughts
If you’ve been trading options without a deep understanding of volatility, you’ve been missing the most critical piece of the puzzle. Whether you're buying, selling, hedging, or speculating, volatility is the key to premium pricing and risk control.

"The Volatility Primer" by Larry McMillan arms you with the knowledge and perspective you need to trade smarter and more strategically. Step up your trading game today and gain mastery over the most powerful force in the options market.