SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (88263)1/11/2001 12:31:39 PM
From: mishedlo  Respond to of 132070
 
Well Earlie there goes JNPR heading for max pain at 135.

For those interested - Here is the site
iqauto.com

For those that have no clue what I am talking about,
Max pain is the point at which most options (combined PUTs and Calls), by volume, expire worthless.

The theory is that the sellers of these options in the option pits can force stocks in that direction when volume is not strong, and in the absense of other news.

M



To: mishedlo who wrote (88263)1/11/2001 1:07:48 PM
From: mishedlo  Respond to of 132070
 
Well earlie, Max pain on EMLX is 67.
This rally will die. They all have.
My guess is the option pits have sold come of those calls or will be doing so shortly.

Just bought some EMLX strike 80's

I am betting this rally dies this afternoon.
Too much over-exuberance for a week.

M