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cash2go

09/18/08 10:08 PM

#598290 RE: brainlessone #598282

GS hit a low of 86 today

That would be off the charts for Max Pain for the writers of the options. I'm guessing Goldman would be on the wrong side of a lot of the option activity. Could still be a lot of pain without strong Fed talk Friday. Somebody needs to get the price up in the Financials and the Market in general to keep the writers behind options from booking large losses when they can least afford them.

http://www.optionpain.com/MaxPain/Max-Pain.php

Had my buy in at $70 looking for that lucky "sell at market". Maybe next week after the public tells Paulson they have no desire to aquire the risky debt of the Uber Wealthy Wall Street Gang.