Max Pain - the same person posted this morning on SI. People do close puts for profit. He has MP now at just 35ish based on the graph plotted by the Open Interest data.
To:Tom Swift who wrote (50350) From: jaime choy Thursday, Jul 15, 2004 10:50 AM View Replies (1) / Respond to of 50359
It's from people closing out puts. My PCOI chart is dropping like a rock.
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