Sounds like you have a plan that is working for you..
My RKLB Puts aren't doing as well this week. Whats funny
about a MAX PAIN trade is, they often work out well, but there
are those times where no matter how much the option sellers
are going to 'pay', max pain fails to work..
It didn't help the other day when D Bank jacked up their
target price from $73 to $120 (smile)...
But we will see, as of a few minutes ago, at $125/sh, the value of
the Friday options is over $200 Million, at the point of max pain the value is just
under $50 Mil. Normally, one would expect this delta to get cut down to at least
$125 Million which would put the share price around $105 or so.
But as of 2 PM today? Its a looking like Max Pain is going to fail for RKLB this week
in terms of guiding its share price activity. (mercy)