Expiry tonight on open interest calls and puts is concentrated pretty heavily at the 42k max pain price.
I bet we make a little fall to there in the next 3 hours.
I bet we make a little fall to there in the next 3 hours.
Trade closed: target reached:
Took longer to play out than anticipated, but we got there.
Maybe I'm misreading the expiration date by one day? Or we just expired above the max pain line and drifted down there later.
Either way, it can be helpful to keep an eye on options :)
Maybe I'm misreading the expiration date by one day? Or we just expired above the max pain line and drifted down there later.
Either way, it can be helpful to keep an eye on options :)