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Post# of 18894
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bbgold

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Re: RCKS post# 18693

Friday, 12/02/2011 10:24:52 AM

Friday, December 02, 2011 10:24:52 AM

Post# of 18894
Ah, Max Pain rally day
I thought that was what you meant but had not heard the WWW lol.
Yes, I have not looked at Max Pain yet this month.
Looks like a lot of volume at SPY 126 strike today but so far Max Pain around 125? QQQ Volume/OI more spread with 57 the max Puts and 58 the max Calls today, that would certainly draw us towards 57.50.
The QQQ might indeed be the motivating factor here now as I see the Euro has dropped considerably since premarket, but the QQQ still moving higher. It does look like the Markets are trying to shift away from the Euro for now?

Good Luck to All! :^)

PLAN the TRADE and TRADE the PLAN!


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