Riskslayer
02-16-2012, 10:05 AM
HI-
I am having a private correspondence with another member on max pain levels for this Fri.
From http://leavittbrothers.com/blog/?p=5346: I have IWM=82.3; QQQ=63.05 & SPY = 134 to 135.4 (this post appears to be based on EOD Feb 13 data).
Another member using Option Oracle ran numbers near the close yesterday (Feb 15) as: IWM=80, QQQ=61 & SPY=131
Q1: Are one of the data sources more correct?
Q2: Can the max pain move much (1%? 3%? 5%?) over a 2-4 day period in the last week (assuming normal market conditions, e.g. excluding Fall 2008 in which lots for 3sigma events happened)?
Thanks,
Shawn
I am having a private correspondence with another member on max pain levels for this Fri.
From http://leavittbrothers.com/blog/?p=5346: I have IWM=82.3; QQQ=63.05 & SPY = 134 to 135.4 (this post appears to be based on EOD Feb 13 data).
Another member using Option Oracle ran numbers near the close yesterday (Feb 15) as: IWM=80, QQQ=61 & SPY=131
Q1: Are one of the data sources more correct?
Q2: Can the max pain move much (1%? 3%? 5%?) over a 2-4 day period in the last week (assuming normal market conditions, e.g. excluding Fall 2008 in which lots for 3sigma events happened)?
Thanks,
Shawn