Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Return to Sender who wrote (4787)	8/8/2002 7:00:43 PM
From: JSLyons	Read Replies (1) \| Respond to of 95530

Hi RtS, Be careful with Max Pain. Mishedlo on the old Zeev's Turnips thread has written some excellent posts on the use and abuse of Max Pain. He's also staked out some rules. These include a sliding scale based on the approach of options expiration; the need to play only those stocks with the biggest options positions like CSCO, INTC, etc. (I doubt ALTR would fit); and other ways to optimise Max Pain as a guide to possible short-term market direction. Looking at it that way, ALTR's Max Pain for Sept would not be predictive of anything at this point, for Max Pain will change constantly over time. It's worth going back and reading some of his posts, which I believe also appear on Motley Fool. Good luck. Jonathan