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To: sammaster who wrote (67770)2/14/2001 5:41:50 PM
From: KeepItSimple  Read Replies (2) | Respond to of 436258
 
>more calls have been bot than puts so wouldnt they want all the calls
>to expire worthless?

Check out max pain on your big-cap tech favorites. To figure out where the price will be, do a balance equation and see where the price must be to screw the most dollars from the most people.

It doesn't matter if there are 20,000 calls worth $1- if there are 4,000 puts worth $30 each.