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Re: None

Wednesday, 05/19/2021 8:15:06 AM

Wednesday, May 19, 2021 8:15:06 AM

Post# of 42551
Max pain for May expiration has changed. With many investors exiting from May $17.50 call options yesterday, and our big player exiting from May $30 puts very late in the day yesterday, max pain for May expiration looks like it shifted from $17.50 to $20.00.

Given that shift, and the artificial nature of yesterday's drop from $20 to $18 (see my other post), there is a good chance of a quick rise back to the $20 price level before Friday close.