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


To: LiPolymer who wrote (40358)3/13/2002 9:36:44 AM
From: Win-Lose-Draw  Read Replies (1) | Respond to of 99280
 
EMLX does look tasty maxpain-wise. When I've asked mish about it before he's pointed out EMLX may be too lightly optioned to act as expected.



To: LiPolymer who wrote (40358)3/13/2002 11:30:54 AM
From: mishedlo  Respond to of 99280
 
Do not attempt to apply max pain to thinly optioned stocks like EMLX.

What is surprising is INTC is below max pain.

The QQQs hit max pain on the nose today.

Hard to say if they shorted enough INTC at the 33-34 area to cover this down. Most likely.

Much harder on the QQQs where there were more options.

M