For SUNW, the stock price managed to get itself driven by today's close right to the "MAX-PAIN" (TM) point of 55!! (That's "max pain" for the options holders, but "max profit" for the options writers). Check out the chart for SUNW at:
ez-pnf.com
It's interesting how in the last week or so, not only SUNW, but LU, MSFT, INTC, IBM, DELL, AAPL, CPQ, to name but a few, have all been driven to or close to the same point. This trend isn't unique to just this options expiration day, but seems to be a routine occurrence by the third Friday of each month. Probably not just a coincidence, and certainly worth keeping in mind.
David T. |
