We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Compaq

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Windseye who wrote (61892)5/21/1999 7:36:00 PM
From: Piotr Koziol  Read Replies (1) of 97611
Doug, I guess the idea behind Max-Pain is if there is to be
some manipulation in the price of the underlying security, then
the option WRITERS are the ones that maximize their profit by
driving the price to a level where MOST of the option BUYERS
will loose money...

Which means those that buy options, counting on
volatility in either direction are "gamblers" and the ones
that drive the stock price to their mean option sell level are the
ones that must be behind the market "manipulation"
Another term for these guys is "smart money"...

Let enjoy the contest in a month :^)

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext