Replies to post #10611 on Strategy Central

[nofluffstuff]

Glen, if you check my last posts, I am in cash, out of puts today with 35% profit in one week. I am also on vacation on a dial up connection so it is very hard for me to research things.
I imagine the maxpain for the Q's is around 36.5 or so and that will constrain them (act like a magnet). That is the magic number for next friday.
I am watching now for an entry (it is so hard on dial up!!).
My thinking is any collapse towards 36 or lower should be bought massively.
However any bop up near 37 is a sell (Sep options are safer for this). JMHO

[capt_jmj]

Max Pain is 37...

http://www.iqauto.com/cgi-bin/pain.pl