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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.910.0%Nov 14 4:00 PM EST

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To: Challo Jeregy who wrote (25754)9/14/1999 3:00:00 PM
From: Lee Lichterman III  Read Replies (2) of 99985
 
Ben is the one that originaly started doing Max Pain as far as I know and made a computer program to figure it out using all strikes. He has a site that shows the max pain charts for numerous stocks and the OEX

ez-pnf.com

I tend to weigh all the strikes and then put more weight on the ones that are close enough to present day levels to actually be hit. His is a chart that plots things out. Mine is an excel spread sheet that figures out where the most dollars will be lost/saved by having the index close there on Friday afternoon.

Good Luck,

Lee
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