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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Justa Werkenstiff who wrote (17616)8/12/2004 9:56:59 AM
From: mishedlo  Respond to of 110194
 
Max Pain
34-35 tossup BUT there are far more calls at 35 than puts.
That would skew the number to the 34 side IMO.
call it 34+ say 34.25

Not impossible from here and a rally back over 33.25 can lead to a ton of short covering perhaps.

Otherwise there is NO OPTIONS SUPPORT below 33 for anyone to defend.
We could also easily waterfall.

Sept is a tough read here.
Ask me again after expiry

Mish