ok, thanks again. when is that price set and does it change very much during the month? I last asked you on 11-07 and the spx is close to 100 points lower now. I'm just trying to understand, is all %-{ edit - oh - found this max pain calculator - it shows spy mp at 69! -ggg- <a href="http://www.optionpain.com/MaxPain/Max-Pain-CBOE.php" target="_blank">http://www.optionpain.com/MaxPain/Max-Pain-CBOE.php</a>