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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?


To: Ben Antanaitis who wrote (5796)8/14/1998 5:18:00 PM
From: Judy  Respond to of 34811
 
Thanks for the response, Ben. I'll check your update this weekend.

GTW at 65 seems unlikely, maybe 60 however.



To: Ben Antanaitis who wrote (5796)8/17/1998 5:06:00 PM
From: Judy  Read Replies (2) | Respond to of 34811
 
Ben,

Thanks for the max-pain update. I often trade options flux for certain stocks, as they traverse between strikes during the period 8-9 trading days prior to options expiry.

Traded GTW between strikes 55/60, although the max-pain yielded strike 65. My limit to sell triggered today prior to 60 ... my impatience won out. Waiting for LU to hike it back up for expiry, it closed in the buffer zone to strike 90. BAY ... max-pain is really at 35?

Do you use max-pain values in your trading, how do you couple the max-pain study to P&F charting?