McMillan Analysis Corporation

Lawrence G. McMillan serves as President and principal decision-maker for both the research recommendations and the separately managed account portfolios. He personally authors the daily MarketWatch Options Trader newsletter, which is the primary source of trade signals the firm uses. No other portfolio managers or investment committee members are publicly named.

The firm relies on proprietary options sentiment indicators that McMillan has maintained for decades, most notably equity-only put-call ratios and implied volatility calculations. These quantitative signals are combined with price-chart and trend analysis to produce specific option-trade recommendations, typically involving straight calls, puts, or covered writes on major indexes and select large-cap stocks.

It operates as both. The core business is a subscription-based research publication, MarketWatch Options Trader, which delivers daily options trade recommendations to individual and professional subscribers. A parallel arm, the McMillan Analysis managed account program, executes those same recommendations in client accounts held at third-party custodians, charging a management fee based on assets.

The firm's strategies focus exclusively on exchange-listed options and equity securities in U.S. markets. Common underlyings include SPX and NDX index options, options on broad-market ETFs such as IWM, and occasionally options on individual large-cap stocks. The firm does not participate in OTC derivatives, fixed income, or private markets.

No pooled partnership or hedge fund structure is associated with the firm. The managed account program operates on a separately managed, non-pooled basis, meaning clients retain ownership of their individual accounts and the firm does not run a commingled fund with its own net asset value. The research service is available by direct subscription without a capital commitment.