Replies to post #382952 on SPDR S&P 500 (SPY)

[Agoura Guy]

Understand the Basics of Max Pain

Max Pain is the point at which the total value of options contracts (calls and puts) held by option writers is minimized. It’s the level at which option sellers would experience the least financial pain.

Option writers can include market makers, institutions, and retail traders who have sold options contracts.

http://www.maximum-pain.com/options/spy