You are exactly right Steve, this is what I was thinking
about this am. This mkt is deliberately dragging its feet so that
most of those out of the money calls and puts would expire
worthless because of Max Pain Theory. I am sure by late tomorrow
and Monday, the mkt will move up or down very well.
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This is a tough week
Is this market going to come all the way back?
Posted by steve on 17th of Jun 2010 at 12:17 pm
This is a tough week with option expiration factoring into the equation.
You are exactly right Steve,
Posted by benjee on 17th of Jun 2010 at 12:31 pm
You are exactly right Steve, this is what I was thinking about this am. This mkt is deliberately dragging its feet so that most of those out of the money calls and puts would expire worthless because of Max Pain Theory. I am sure by late tomorrow and Monday, the mkt will move up or down very well.