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investingdog

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investingdog

Re: Marioqwe post# 119439

Tuesday, 04/16/2013 6:47:16 PM

Tuesday, April 16, 2013 6:47:16 PM

Post# of 345969
<< I think it has more to do with options expiring this week than news. >>

Not enough open interest to sway the price, if you add all the April calls it is only about 3500 contracts. Puts are even less, only about 750 contracts total. Max pain is at $1 ($392,750 total), so if anything the PPS should go lower, not up.
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