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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: mishedlo who wrote (29117)2/10/2002 10:00:30 PM
From: Ted Downs  Read Replies (2) of 99280
 
Mish,
Max pain for qqq is 38 not 37 1/2 .

If instead we breakdown, then the sellers of the puts will short enough stock QQQ's to make sure they did not lose their ass to the puts holders.

I believe the sellers would have to buy stock not short it. Agree?

Ted
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