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To: Riskmgmt who wrote (6155)12/14/1997 7:35:00 PM
From: Ben Antanaitis  Respond to of 64865
 
Ray,

If you go to pipeline.com and drop down to the 'options analysis' section you will see a table of links.

The table will let you look at some issues I am trying to track and build a database with. It has the Nov. charts and stock price at expiry for each issue. The Dec data is 'in-process'.

My 'software' is a Quattro spreadsheet that I type the Call and Put figures from the CBOE into. The graphs are 'linked' to the data and self-adjust.

The 90% worthless quote is the common wisdom, I haven't enough data, to personally verify the assertion but I am trying to see if over time the price action over a couple of days each month can be 'coupled' to the 'Max Pain' point. This is, of course, during 'quiet' times ie the stock isn't under the influence of breaking news, market turmoil, Alan Greenspan, Saddam What's-his-name, etc.

This may turn out to be a snipe hunt, but then again...........



To: Riskmgmt who wrote (6155)12/17/1997 5:05:00 PM
From: Ben Antanaitis  Respond to of 64865
 
Ray,
RE: Options expiry effect on stock price..

You might want to check out the following article:

archive.thestreet.com

This on theStreet.com. If It is a 'for fee' area, you ca get a free two week trial.

Ben A.