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Technology Stocks : Apple Inc.
AAPL 271.50+2.0%Nov 21 9:30 AM EST

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To: J R KARY who wrote (25421)7/13/1999 12:51:00 AM
From: Marc Newman  Read Replies (1) of 213173
 
Part of it must be that the recent Max-Pain numbers have been so far from the price of the common that they were likely bets placed a lot earlier. Or something.

Was Max-Pain really that good an indicator or was it more that Apple always fell one strike price in the final week? Anyway, it was a pattern I made money on too, and I managed to realize that the iMac release trumped Max-Pain last August and held through options expiration too.

On with the new pattern!

Marc
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