Do you think after Jan OEX we'll have less volatility and perhaps a better chance for a move up with MM having less interest in keeping contracts OTM? It would seem logical if that is part of the manipulation. TIA.
Bill, FWIW max pain for Jan 18th is way up at $25. We will have to see as we get closer. With the volatility down the MM's dont make as much greed money so I would think they want to spice things up. If the MM's are doing their jobs then they dont care which way the pps goes as long as they are making money. News will drive vhc over the next weeks and months. Lacking news I have found TA's to actually work for vhc. We have so many Ta's near where we are that we should start to see some increased volatility. Even the MM's and traders must be bored.If that max pain area is accurate and stays that way then watch out for some battles as we near the 50 and 200 day as well as all the other areas we are watching. That alone will increase the volatility