kind of a blah day of consolidation : my formula for the weekly bears forceast on weekly max pain is usually add 10 points to AMZN
yes it usually closes 10 points higher than any of the lower move prediction that I've ever see to meet their exepcted weekly max pain targets. My big question to options trader of weeklys moneths or quarterlys, is when was the last time AMZN closed BELOW max pain. I would think it almost never has. Maybe in November 2011 when it had the jolt of 247 and bottomed at 166.97 but not since. Just wondering. Very tough to play the put game in AMZN on the purchase side. Probably equivalent to be dragged by a rope though rocks and soil by a bunch of Clydesdales, where the powers that control the stock are the Clydesdales.