Larry McMillan: Biography, Career, and Business Insights

Larry McMillan’s Profile Summary

Company	McMillan Analysis
Position	Founder and President of McMillan Analysis Corporation, which he established in 1991.
Source of wealth	Trading profits, publishing revenues from books, advisory and newsletter subscriptions, management of option-oriented accounts.
Also known as	Author, educator, speaker on options trading.
Age	Unknown
Education	Purdue University - B.S. in Mathematics, University of Colorado - M.S. in Applied Mathematics and Computer Science
Citizenship	United States
Residence	Morristown, New Jersey, USA
Website, Social Media	https://www.mcmillanasset.com/

Biography

Larry McMillan is a professional trader and a highly respected figure in the options trading community. He is best known for his book Options as a Strategic Investment, which has sold over 300,000 copies and is often referred to as the "bible" of options trading. McMillan began his career at Bell Telephone Laboratories as a computer programmer before transitioning to finance. He worked as a proprietary trader at Thomson McKinnon Securities, where he managed the Equity Arbitrage Department for nearly a decade. In 1991, he founded McMillan Analysis Corporation, a firm dedicated to providing advisory services and educational resources for options traders. McMillan has contributed significantly to the growth and understanding of options trading through his books, newsletters, and seminars. He frequently appears on CNBC and Bloomberg TV, and has been a guest speaker at numerous financial conferences across the U.S., Canada, and Europe. In 2011, he received the prestigious Joseph W. Sullivan Options Industry Achievement Award for his contributions to the U.S. options market.

In 2025, remained President of McMillan Analysis Corporation and delivered frequent webinars and video market updates with expert commentary on market volatility and trading strategies.

How did Larry McMillan make money?

Larry McMillan makes money in the following areas:

Trading profits, publishing revenues from books, advisory and newsletter subscriptions, management of option-oriented accounts.
What is Larry McMillan net worth?

As of 2026, there is no publicly available and reliable information regarding Larry McMillan’s net worth.

What is Larry McMillan also known as?

Larry McMillan is widely recognized as an influential author and educator in the world of finance. His book Options as a Strategic Investment remains a staple for traders looking to deepen their understanding of options. McMillan is also an active educator, delivering seminars and presentations across various continents, including the U.S., Canada, and Europe. He has contributed articles to numerous high-profile publications and regularly appears as an expert on financial networks like CNBC and Bloomberg TV. Through his firm, he offers educational resources and tools, including newsletters and market analyses designed to help traders navigate the complex world of options.

Prominent achievements

Recipient of the Joseph W. Sullivan Options Industry Achievement Award (2011), author of the best-selling book Options as a Strategic Investment, founded McMillan Analysis Corporation in 1991, frequent contributor to major financial media including CNBC and Bloomberg

What are Larry McMillan’s key insights?

Larry McMillan’s business philosophy centers around risk management and leveraging options as strategic tools for trading. He emphasizes the importance of education and understanding market indicators, particularly through options-based strategies, to gain predictive insights into market movements.

Personal life

No detailed information available on his family.

Useful insights

Fundamental principles of investing

As someone deeply immersed in the world of finance, I firmly believe that learning the fundamental principles of investing is the cornerstone of financial literacy. The books I recommend here have shaped modern investment strategies, offering timeless wisdom that can benefit both beginners and seasoned investors. These are not just texts, but essential tools to help you navigate the complexities of the financial markets with confidence and insight.

Benjamin Graham - "The Intelligent Investor"
- Summary:
  
  Written by one of the most influential investment thinkers, this book outlines the principles of value investing. Graham emphasizes the importance of analyzing a company’s intrinsic value, long-term investment strategies, and avoiding emotional decisions driven by market fluctuations. The book also discusses defensive investing, focusing on preservation of capital and minimizing risk.
- Why read it:
  
  This is a must-read for anyone looking to understand the core philosophy behind successful long-term investing. Graham’s principles influenced generations of investors, including Warren Buffett, making it an essential guide to navigating stock market risks with a focus on minimizing losses.
Ray Dalio - "Principles"
- Summary:
  
  Ray Dalio, founder of one of the world’s largest hedge funds, shares the life and work principles that led to his immense success. The book covers Dalio’s unique management and investment strategies, focusing on radical transparency, truth-seeking, and the importance of learning from mistakes. It also provides practical insights into organizational behavior and personal growth, making it valuable beyond just investing.
- Why read it:
  
  Dalio's "Principles" is a treasure trove of wisdom for investors and business leaders who wish to improve their decision-making. It’s a guide on how to align personal and professional life through well-defined, actionable rules.