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

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To: jjstingray who wrote (73562)5/31/2002 6:52:04 PM
From: Zeev Hed  Read Replies (3) of 99280
 
I believe I discussed this with Mich sometime ago, the Max pain works quite well when the "majors are near the Max pain, when they are not, the current trend is actually amplified as the naked holders of option scramble to cover their position in the open market. Call it a "corollary to Max pain theorem".

Zeev
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