Replies to post #104499 on Biotech Values

[medchal]

"... the PPS is attracted to the pre-eminent strike-price on expiration day."  As the price of MNTA is being attracted toward $17.50 today?

[ilpapa]

The trouble with maximum pain theories -

There are fewer than 1900 open interest on the 15 strikes - 190,000 shares. Would a trader use the firm's capital to move a stock to the exact strike price to make a dime or two on 190,000 shares?