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Technology Stocks : Intel Corporation (INTC)
INTC 50.59+4.9%Feb 6 9:30 AM EST

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To: Ben Antanaitis who wrote (58384)6/22/1998 1:48:00 AM
From: Dale J.  Read Replies (1) of 186894
 
Dale J. I've posted the final INTC June'98 Max-Pain options analysis graphs.

Ben,

I had some time to review it although I still need to review it further. That is an interesting concept you have there.

When will you post the July chart? And does this tendency occur with statistical significance only on the last few days before expiration?

BTW: I believe the phenomenon you cited is deliberately caused by some conscious effort at market manipulation. Legal manipulation that is. We all know the brokerage firms (like any investor) would like to move the market in a direction favorable to their holdings.

But like you stated, all bets are off when there is breaking news, momentum etc. After all it is still a market and even Kurlak's powers are limited.

Dale
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