Amarin Corp Plc (AMRN)

[ferretmoney]

Max Pain is that price level at which option buyers suffer the maximum pain (greatest loss) and option sellers suffer the least pain (least loss). In the case of the January 17 expiration the curve is fairly shallow between $15 and $19, so it’s possible we don’t go much lower than where we are now. Regardless of where it closes within that range there will be a lot of money changing hands next weekend. With the current open interest the value of all the expiring in-the-money options will be between $30 and $34 million if the price at expiration is within that band.