Options players may try to close it below 95 to get most out of calls.
So max pain could be at 98 from put preceptive. I am short 96 Puts and long 95 calls.
Disclaimer, will unwind on Friday morning. If unload 95 calls properly than will let go 96 to expiration. I may decide to short common against 95 calls. I will try to keep it simple.
Farooq
This post is for educational and amusement purposes only, and is not to be interpreted as trading advice. Consult your financial adviser before placing any trade.
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