From what I can see, I hope the hell you got out of any put positions yesterday. (I DID!) It's a bit of a strange one still for the Monthlies but this week's calls have been sh!tcanned and the amount of puts sitting out there for Friday are mind blowing. Consumer sentiment (trending up lately) and Bernanke speaking means it could be a pretty big snap back today to wipe out the put positions (152 perhaps).
Overall, the market is still a POS but from a trading perspective, bring on the volatility!!!!!
Max pain is an overrated indicator. I sell calls that show up in the call section while I hold them yet it is a bearish position. Also, you don't know when people bought the calls/puts. Are the 145 puts recent or were they bought back in December?