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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: martin001 who wrote (35664)	3/1/2002 4:20:22 PM
From: mishedlo	Respond to of 99280

I fully understand Max pain does not work on KLAC (unless there are lots of options on it). I was merely commenting that if the QQQ's got to max pain that KLAC would continue going to da moon. I am sure KLAC is monsterously over pain right now, and it will likely stay that way. Actually having looked up KLAC there are indeed a fair number of strike 60 option on it, on both sides. If those continue to build, then I would expect a "late" selloff down to 60 on it, which I see as max pain. I do hope it gets to 70 firts. M