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To: Ben Antanaitis who wrote (40960)2/18/1999 3:17:00 PM
From: Sonny  Read Replies (1) | Respond to of 164684
 
If it goes up a bit after 3:30 pm today, buy like crazy ... why?

because

Monday - presumably up day ==> effect pre-poned to Friday ==> effect pre-poned to this last half an hour today!

Else, run like crazy! :-)

Folks have been making such predictions here for eons it seems ... and it exactly behaves in opposite way! Almost uncannily! Simply Amazing!

(check out LCOS ... its bottoming out with a nice hook price of $127, right now in low 80s).



To: Ben Antanaitis who wrote (40960)2/18/1999 3:30:00 PM
From: KeepItSimple  Read Replies (1) | Respond to of 164684
 
> Just press the NEXT button if it bothers you.

It doesnt bother me, it makes me feel sorry for you.

The way you constantly use literally every post you've ever made to try and work the phrase "Max-Pain (tm)" into the normal jargon of discussion is really sad. I am sure that you'd love to collect royalties from anyone who uses those two words together, and it just burns your cookies when you can't. Like this- MAX-PAIN MAX-PAIN.

And I didnt pay you anything or attribute your name or copyright logo!

I think I will copyright the words "money" "stock" "profit" "the" and the concept of puts and calls. Also, the act of breathing while entering trades.



To: Ben Antanaitis who wrote (40960)2/18/1999 3:33:00 PM
From: Yikes  Respond to of 164684
 
Ben,

TRUE Max-Pain Point must also take into account the option premiums, in addition to strike prices. So when someone writes 10 contracts of AMZN 100 calls at $12, the writer "wins" if AMZN closes above $88 upon option expiration, not $100. Of course, tracking this data will be slightly difficult. One must run a robot program to observe the volume, last trade, ask, and bid prices, every 5-10 minutes, on a daily basis.

Yikes