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10/02/02 12:20 AM

#31064 RE: ajtj99 #30972

> unlike last month, the open interest in October is so small in options that Max Pain could move down, much like we saw in May.


Perhaps, perhaps not. QQQ Oct22 PUT is currently near 93k, and another 89k at 21. At this time last month, the biggest block of Puts supporting the market was 120k, dropping to 100k at the end.