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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?

To: Ben Antanaitis who wrote (10708)	8/1/1998 5:09:00 PM
From: Sonki	Read Replies (1) \| Respond to of 64865

ben, maxpain was @42.5-45 and sunw closed at all time high 53. now the max pain is at 45. does the max pain mostly show where the stock HAS been spending time (pastP vs. indication of where stock might trade in future? most people tend to buy calls at the mony. people spend mony on puts at the support level. is this what might be reflected vs anticipation of future? back in May it was pointed out here that was execssive amount open intrest in july 50. when you were looking at june options, i suggested maybe we look at july options. as earning related news could change things.