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Technology Stocks : Novell (NOVL) dirt cheap, good buy?
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To: Ben Antanaitis who wrote (23239)7/27/1998 8:00:00 PM
From: EPS  Read Replies (3) of 42771
 
(OT)Ben,

Sorry to bother you with tech questions about max-pain
but I don't see why corner points other than those having
x-coordinate strike values are excluded as possible solutions
of the optimization problem. My *educated* instinct would be
to consider all corners. As we try to maximize the pain
one would then set up the usual matrix..do the pivoting and
all that.. to figure out which *corner point* (it has to be a corner)
is the solution at any given time as the market
approaches expiration...But maybe I'm missing something..

Victor
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