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To: RetiredNow who wrote (41110)10/19/2000 12:02:54 PM
From: Jorj X Mckie  Respond to of 77400
 
Max-Pain is a study being done by an SI member named Ben Antanaitis.

Member 3307095

Here is where you get the info
ez-pnf.com

Here is the explanation
ez-pnf.com

Summarized, Max-Pain suggests where the price of a stock will close on options expiration day based on where the greatest number of options (value) will expire worthless, thus causing the maximum amount of pain to the holders of the options.