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To: Ben Antanaitis who wrote (90915)1/22/1999 8:43:00 PM
From: Dalin  Read Replies (1) | Respond to of 176387
 
TO ALL!! OT OT If you haven't already found it, this is a great place to put a smile on your face, after a hard day trading.

Subject 7983

All have a good weekend. We set some new highs next week!

D.



To: Ben Antanaitis who wrote (90915)1/23/1999 1:20:00 AM
From: His Pinkness  Read Replies (1) | Respond to of 176387
 
Please tell me what a "Max Pain Point" is. Is it a point below which the stock should not drop? Is it the point to which the stock should move?
TIA



To: Ben Antanaitis who wrote (90915)1/23/1999 1:35:00 PM
From: WeisbrichA  Respond to of 176387
 
<-OT->
Ben,

1. Should not the MAX-PAIN point be calculated at the end of EVERY trading session to be of real value?
2. Should ITM LEAPS be treated likes stocks and not be in your calculations?
3. Should you add some weighting for most current volume?
4. What about some probability and regression on top?

Finally have you back tested this theory?

Thanks

RW



To: Ben Antanaitis who wrote (90915)1/27/1999 7:15:00 PM
From: Ben Antanaitis  Read Replies (2) | Respond to of 176387
 
Based on today's (1/27/99) CBOE data, I recalculated the Feb'99 Max-Pain Points&#153 and I updated the Max-Pain&#153 Option Analysis Study graphs.

The Feb'99 Max-Pain Point&#153 for DELL is $70. The current price is $88 3/8. As in the past, the period just before earnings seems to develop momentum that swamps out the Max-Pain&#153 effect.

Ben A.