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To: Francis Chow who wrote (56338)5/29/1998 10:33:00 PM
From: Ben Antanaitis  Read Replies (2) | Respond to of 186894
 
This is getting interesting.

Tonight's INTC close was 71 7/16, but the June'98 INTC options analysis has the Max-Pain point at $80. I updated the graphs with tonight's CBOE data.

It may be that this evenings news release will swamp out the MAx-Pain effect, but there is still a lot of open interest in the PUT camp that is rising in value, and there are still three weeks till June'98 expiry.

Ben A.
ez-pnf.com