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Strategies & Market Trends : Take the Money and Run

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To: gypsees who wrote (13061)	8/5/2002 1:54:55 PM
From: Jorj X Mckie	Read Replies (1) of 17639

it is max pain for puts and calls. It means that the number where the largest number of options (calls and puts) expire worthless, therefore causing the maximum amount of pain to the maximum amount of options holders.

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