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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: wiz who wrote (88439)	1/13/2001 12:13:24 AM
From: mishedlo	Respond to of 132070

Max Pain site on link below. GMST Max Pain is 45 but options volume is tiny. The more options, the more likely the options pits will want to make the most of them expire worthless. If you want to play this Game for GMST, the FEB 50 PUTS are what I would do. The Jan 50 PUTs are about 2 points but would expire worthless if that is all the drop you got. The FEBs cost a lot more but are nowhere near as risky as you would make money on a 4 point drop but would just break even on a 4 point drop if you pay $2 for the Jans. I would wait to see if they run this turkey up just a bit. At 55 or 56 a nice swing at the 50's would be worth a real good shot. BTW the Feb 45 ARBA calls are about 3 points with Max pain for this month at 50. Can they raise this back from the dead? I will watch this closely for signs of life. LOL iqauto.com