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Technology Stocks : BAY Ntwks (under House)
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To: Ben Antanaitis who wrote (6582)6/16/1998 11:53:00 PM
From: chester lee  Read Replies (2) of 6980
 
Ben,

This is the first I've seen of the Max Pain Point for options. The theory makes a lot of sense, since that is where options MM make the most money.

How often is the Max Pain point reached. Is it related to options that have a certain minimum of open interest on the contracts, or a certain amount of money at risk? I would like to hear more about it.

Chester
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