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


To: StanX Long who wrote (58864)1/16/2002 9:47:05 AM
From: Sam Citron  Read Replies (2) | Respond to of 70976
 
AMAT Jan 45 strike open interest > 40 strike, yet Maxpain has not been adjusted from 40. What's going on?



To: StanX Long who wrote (58864)1/16/2002 11:19:01 AM
From: willcousa  Read Replies (1) | Respond to of 70976
 
Note that a Friday close at 42.50 would be a pretty good max pain result also. So it looks like 40-42.5 is going to come through for the mm's. Two weeks ago I couldn't see how they were going to get the stock to max pain. But with intel coming in above consensus earnings and a capex that should have been expected the investment community turns the whole thing into an excuse to drop amat into the max pain range.