America On-Line (AOL) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : America On-Line (AOL)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Time Traveler who wrote (29666)	8/20/1999 2:37:00 PM
From: Steve Robinett	Read Replies (4) of 41369

TT, I'm unclear about what you mean when you say your chart shows the amount of money that has to be rewarded to the option holders. The Maxpain theory holds that the stock will wind up at the point that causes the greatest number of options to expire worthless--it's a conspiracy theory and not a particularly persuasive one to anyone with any understanding of how markets work. The dollar values is immaterial. Only the open interest matters. The put and call open interest is highest for AOL at 100. A close today at 100 would make the most contracts expire worthless--max pain to the most people. Best, --Steve

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next