McMillan on Options 8/19/04 7:44 PM Page i Founded in 1807, John Wiley & Sons is the oldest independent pany in the United States. With offices in North America, Europe, Australia, and Asia, Wiley is mitted to developing and marketing print and elec- tronic products and services for our customers’ professional and personal knowledge and understanding. The Wiley Trading series features books by traders who have survived the mar- ket’s ever-changing temperament and have prospered—some by reinventing sys- tems, others by getting back to basics. Whether a novice trader, a professional, or somewhere in-between, these books will provide the advice and strategies needed to prosper today and well into the future. For a list of available titles, visit our Web site at . 8/19/04 7:44 PM Page ii McMillan on Options Second Edition Lawrence G. McMillan John Wiley & Sons, Inc. A MARKETPLACE BOOK 8/19/04 7:44 PM Page iii Copyright ? 2004 by Lawrence G. McMillan. All rights reserved. Published by John Wiley & Sons, Inc., Hoboken, New Jersey. Published simultaneously in Canada. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning, or otherwise, except as permitted under Section 107 or 108 of the 1976 United States Copyright Act, without either the prior written permission of the Publisher, or authorization through payment of the appropriate per-copy fee to the Copyright Clearance Center, Inc., 222 Rosewood Drive, Danvers, MA 01923, 978-750-8400, fax 978-646-8600, or on the web at to the Permissions Department, John Wiley & Sons, Inc., 111 River Street, Hoboken, NJ 07030, 201-748-6011, fax 201-748-6008. Limit of Liability/Disclaimer of Warranty: While the publisher and author have used their best efforts in preparing this book, they make no representations or warranties with respect to the accuracy ple
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