$98/share. Are you brain-damaged or just stupid. I'm amazed you can still afford you internet service. Or do you just go to the Library with your welfare card?
Well yes and no. I believe the stock is overbought and I believe opening to shorts will be a rough ride for longs. But your characterization of the restaurants is wrong. El Pollo Loco has excellent food and and is just as good as Chipotle Grill. The both use top quality ingredients and both offer a tasty selection of heart-healthy items. CMG is a nicer atmosphere and has a cleaner, more hip image. But the food is not any better, if as good , and El Pollo Loco has bargain menu items so it fits all budgets. Is LOCO worth $50/share? Certainly I don't think so. Is CMG worth $650/share? Even less likely - way less likely. So I believe both will see significant downside. But both are worth the visit and serve their community well.
The Koolaid is already on the tables waiting for the next level of investors...
Well as much as I want to agree with you and hope you're right, I think max pain was at 95 yesterday. That may not matter much with a fast-raising PPS for a monthly option which represents many months of trading as opposed to weeklies which are short-term.
2009? Really. You win the "stupid post of the day" award hands down. Clearly we may fall further setting up a favorable entry but 2009 65 to 4. Come on...
I hope for your sake that you were merely trying to stir up the rabble.
You know there is nothing more disgusting than a lying poster. Anyone reading this post can look at your posting history and realize you are a simply basher and see right through your claims. Why do you bother? You continue to look foolish while fooling no one, except perhaps yourself.
The world of Max Pain is simply math but you would do well to look a the history of AAPL and Max Pain and especially during a run up as Apple has experienced in the last 6 months. So firstly, you may of course be correct and that's consistent with with Max Pain theory. Logically with a Max Pain of $86 a close around $86 would inflict the greatest pain on Call and Put holders at that level. And at some point, maybe this point, there will be a top established and from there a fall as there always will be with trading instruments. However, remember that Monthly Options like this week are an artifact of trading that began many months ago. Unlike with weeklies which issue a few weeks before expiration, July Monthlies were selling nearly a year ago at a very low premium almost a lotto play when AAPL was trading way below the $86 range (more like $60). So the premiums times the contracts open (called open interest) do not nearly reflect invested money (as Weeklies do) but rather huge pent up profit. A drop to $86 would be disappointing but not what Max Pain implies at all in terms of huge loss. MMs could move the stock 2.5% fairly easily when the average movement was 14-15M shares. Not so today. Take as an example the June Max Pain. I don't remember the exact numbers but there was about a $6 difference between Max Pain and actual close. The weeklies have been closer but have for many weeks now closed above Max Pain. So unless we hit an inflection point or extraordinarily bad news (like a China prohibition or war in the Middle East), there is little reason to believe Max Pain is an important factor for the week. But AAPL may still fall some this week with the uncertainty of earnings approaching. Good luck to you.
Wow. That's a very interesting and provocative question. But don't expect a response from radical environmentalists. This isn't about fairness, it's about fanaticism.
Sorry that some on MBs seem to find themselves emboldened by disrespecting fair and honest questions, such as yours. I'm afraid it's a sign of our times and the decline of our civil society. Notwithstanding the delivery, the answer is correct. The overall concern about inflation lurking over the horizon. has depressed the entire sector. This could get worse before it gets better. May see most of the anticipated July divy eaten up in declining sentiment over the next few days but sentiment can change quickly. So I hope to enjoy the dividend and consider DRIPs as indicated. Good luck to us.
I'm surprised by the strength on no real news. I think the beat down was overdone. If BAC can get back to the table with the DOJ to continue extortion negotiations, I thing we could see a move to 16 and if they could settle, 17 by July OPEX. But today? 15.50 seems ambitious. I'll be happy with 15.40.
Will it be as well-received as streaming music? Down 3%? The emperor's naked and with each silly product that Bezo's pushes out, more of his flatlined followers are beginning to fall out of the enchantment. Eventually, the last straw will ask, "where's the money?". And when they do and their only answer is a hollow echo is return, this stock drops to $20 where it belongs.
You may be right. Max pain is 92.50 so the draw down is clear. But I'm wondering how we see 94. That seems very ambitious.