any ideas on what happens Friday?Top
OI will be THursday due to Good Friday Holiday.Max Pain currently at 40 but trending to 35
I mentioned this in a previous post, but take a look at the open interest of puts versus calls.Tons of puts need to cash out to lock in profits versus calls. Should gravitate the stock upward and place a floor in stp.Given market conditions do not completely melt down.
Thanks. retired folks have trouble tracking holidays (its OE, too; expiration not inspiration!)so max pain 40 --> 35, is this an upward pressure on the stock for the week? at the moment dow is almost back to -0- and stp is still down 3.5%.
Nothing at all. Markets closed.