U.S. Markets open in 3 hrs 11 mins

OIC Announces Lawrence McMillan to Receive Joseph W. Sullivan Award at the Annual Options Industry Conference

CHICAGO, IL--(Marketwire - 05/12/11) - The Options Industry Council (OIC) announced today Lawrence G. McMillan as the 2011 recipient of the Joseph W. Sullivan Options Industry Achievement Award. This recognition on behalf of outstanding contributions to the growth and integrity of the U.S. options market will be presented to Mr. McMillan at the 29th Annual Options Industry Conference, held at the Westin Savannah Harbor, from May 12-14."Larry's work, both as an academic and as the best-selling author of 'Options As a Strategic Investment,' is a testament to the ideals behind this award," said Gina McFadden, OIC President. "His advocacy on behalf of the options market and a commitment to innovation through financial education has truly been an outstanding contribution to our industry."In his roles as a trader, teacher and writer, Mr. McMillan publishes The Options Strategist, a derivative products newsletter in its 20th year of distribution (www.optionstrategist.com). His Morristown, NJ based firm also edits and publishes another three newsletters, provides analytical tools for serious traders and students of the options market, as well as materials for Dow Jones and the CBOE Futures Exchange. Today, as a registered investment advisor, Mr. McMillan manages options trading accounts for a variety of individual investors. He has a B.S. in Mathematics from Purdue University and an M.S. in Applied Mathematics and Computer Science from the University of Colorado."It is a personal and professional honor to receive the Joseph W. Sullivan Options Industry Achievement Award. This recognition underscores my efforts over the last 35 years to give investors the necessary tools to operate successfully with the sometimes complex world of options trading. My firm shares my philosophy, consistently delivering options strategies and daily alerts to the diverse group of clients we serve. In receiving this recognition, I am proud to join a prestigious group of colleagues who are pioneers within our industry and symbols of the very best principles: decency, courage, vision and leadership. I accept this award with the deepest humility and respect," said Mr. McMillan, Founder and CEO of McMillan Analysis Corporation.Past Sullivan Award winners include: William A. Porter, Wayne Luthringshausen, Paul Stevens, Ivers Riley, Thomas Peterffy, Jeffrey Yass, David Krell, Bill Brodksy and Joseph Sullivan himself.About OIC
OIC is an industry cooperative funded by BATS Options, Boston Options Exchange, Chicago Board Options Exchange, International Securities Exchange, NASDAQ OMX PHLX, NASDAQ Options Market, NYSE Amex Options, NYSE Arca Options and OCC. OIC was formed in 1992 to educate investors and their financial advisors about the benefits and risks of exchange-traded equity options. OIC's resources include: The Options Industry Services Help Desk at 1-888-OPTIONS, educational websites at www.OptionsEducation.org, www.OptionsEducation.org/advisor and www.OptionsEducation.org/institutional, live seminars throughout the continental United States and Canada, instructional DVDs and educational literature.