Zeev's Turnips Patch-No Politics (ZEEV)

[Joe Stocks]

ajtj99, When I first founf "maxPain" I thought maybe I had found the holy grail for making money. After following it for awhile I realized that "Max Pain" was not very reliable. The "Max pain" number only gives one view of many of what is going on with an option. There is no way to know what the underlying strategies are that are taking place. Maybe things are different know but when I first started watching it about 3 years ago I was lucky to find it accurate enough to use less than 50% of the time. To me "max Pain" has become just a insignificant piece of the puzzle. I'm curious - why do you put so much faith in those numbers? Is there a back test study available to back up their success?

TIA, Joe

Joe