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Strategies & Market Trends : P&F Gatherings

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To: Jorj X Mckie who wrote (253)5/15/1999 9:08:00 AM
From: Ben Antanaitis  Read Replies (2) of 2909
 
JXM,

FWIW

The MU MAy'99 Max-Pain Point&#153 is sitting at $45 for next Friday. While it currently looks like all the calls are going down, there is a sizable amount of put 'in-the-money' open interest. If the stock market world magically 'snaps back' next week I think there might be upside bias in MU due to Max-Pain effect.....

Ben A.
ez-pnf.com
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