Zeev's Turnips Patch-No Politics (ZEEV)

[Huluriasquias]

Joe,

just a quick message to let you know that I have used MaxPain (in Mish's "soft" version) with great success several times in the near past. (Last month I recognized earlier on that it was going for delta hedging and did nothing)

The trick is to understand the limitations as explained by mish in his message.

Basically the way I use it is:

If QQQ is (no more than 5% or so) under maxPain 1 1/2 weeks before OE I bet that QQQ is going to "touch" that value at some moment in that interval.

The inverse if it is over maxPain.

Not earth-shattering but it provides a tradable edge.

Huluriasquias.