SI
SI
discoversearch

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.
Strategies & Market Trends : IDIOTVILLE.COM

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jeff Jordan who wrote (23)5/30/2002 7:11:29 PM
From: Jorj X Mckie  Read Replies (1) of 181
 
I haven't made up my mind on that. I see some hope dashing coming up before options expiration, but I would also expect to see the associated options bounce prior to expiration. But if the question is, "do we see another P&F buy sig on the comp?" I seriously doubt it.

I think that the options influence is a pretty important thing to bring into the equation. Max Pain can be a good guide for what to expect as far as the stock direction before expiration. I think too many people get hung up in the idea that max pain doesn't work because a stock or index doesn't close exactly on the max pain point. The thing is, that it can cause selling or buying pressure that can be played.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext