i don't really look too much into the max pain theory, it's works sometimes and sometimes it doesn't because options are only a part of their total book
i really don't have a bias for tomorrow other than the potential setups i've talked about so i don't know what to tell you
Yes, thanks Sundancer… you have been of great help. How do you feel about the close tomorrow? Do you hold much weight to the current pain stuff I posted earlier? I guess I mean, that if we do close above 110.34 today, and confirm a move up to the next level (1127.38)… won't they rally it more tomorrow?
Or, will they close above it and then sell off tomorrow to the 109 level to make sure they pay out as little as possible? I'm just trying to figure out the close tomorrow?
the RUT's been above 195 min max containment for 3 consecutive periods now, so that's a dangerous chart for anyone short the RUT given the setup above max contaiment on 60,120,195,daily,weekly
From looking at the action today, I'd say that 110 is the real max pain, not 109.
Maybe next time you hit one out of the park, you should then just try for a single or double. It's very addicting. You have to be careful.
i don't really look too much into the max pain theory, it's works sometimes and sometimes it doesn't because options are only a part of their total book
i really don't have a bias for tomorrow other than the potential setups i've talked about so i don't know what to tell you
Yes, thanks Sundancer… you have been of great help. How do you feel about the close tomorrow? Do you hold much weight to the current pain stuff I posted earlier? I guess I mean, that if we do close above 110.34 today, and confirm a move up to the next level (1127.38)… won't they rally it more tomorrow?
Or, will they close above it and then sell off tomorrow to the 109 level to make sure they pay out as little as possible? I'm just trying to figure out the close tomorrow?
the RUT's been above 195 min max containment for 3 consecutive periods now, so that's a dangerous chart for anyone short the RUT given the setup above max contaiment on 60,120,195,daily,weekly
Thanks Sundancer.
Whoever thinks the markets aren't controlled is dreaming. I have never seen such bizarre activity or lack thereof.
neutral, they closed the morning candle a penny below and then gapped the SPY a penny for the open of the afternoon candle
the operators have a ton of shorts trapped right now and it looks like they aren't going to let them out of their positions easily
Did the RUT break and close above containment at 12:45 Sundancer?
Carl is now long /ES at 1098.75
Had been long earlier today at 1099.75, sold it at 1096.75