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Politics : Formerly About Applied Materials
AMAT 225.18-1.5%3:59 PM EST

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To: Tito L. Nisperos Jr. who wrote (29575)4/15/1999 11:22:00 AM
From: Gottfried  Read Replies (2) of 70976
 
Tito, thanks for clarifying that. The max-pain[tm] point for AMAT is 50. If AMAT did close at 50 by options expiration, this would inflict maximum pain [tm] by making the most options expire worthless. Ben Antanaitis also computes this point for many other popular stocks. The AMAT chart ez-pnf.com

Other max-pain[tm] charts ez-pnf.com
There is an explanation of how Ben computes max-pain[tm].

Gottfried
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