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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: StanX Long who wrote (54247)10/18/2001 3:14:30 PM
From: Jacob Snyder  Read Replies (1) | Respond to of 70976
 
re: maxpain 37.5:

I lowered my next incremental sell order, from 40 to 37.5. I had thought that this rebound would peak at a retest of former support, from below, but it seems to be fading before 40. Odd that maxpain should be up.



To: StanX Long who wrote (54247)10/18/2001 6:30:39 PM
From: mitch-c  Respond to of 70976
 
Not really ... when I looked at it Tuesday evening, the 35 strike and the 37.5 strike were calculated identically to the 4th significant digit. A small shift in open positions, as normally occurs in the week approaching the close, could have tipped the max-pain point to the other strike.

They still appear close - 3d sig digit - data below.

32.5-----33422250
35-------28747000
37.5-----28615000 -Maximum-Pain Theory Value
40-------32135000

- Mitch