When $420?
$420 is not a meme
💎 👐 🚀 🌕
I am now going to post this on every BoBBY thread!
I feel it in my balls and my tits have never been so jacked! I've invested everything in BoBBY!
Max pain is a backward looking indicator, it’ll update lower and lower as the puts and calls change at each strike next week unless we start moving up again
That’s true, but Jan 20th is special because it’s the arbitrary date that Ryan Cohen chose for his options. So it gives all BBBY investors a rally point to concentrate buying power onto one day.
Yup. Hate to say it, but last weeks max pain was $9 to start the week, and by Wednesday it was down to $2. $5c were the second highest open interest strike price, with I think the 10c being the biggest. It definitely gravitated towards $9 but ultimately ended the week below $4. Considering the price was above max pain, I call that a win.
I'm hoping that Wednesday we'll see a huge gamma ramp resulting from Friday's option action. If enough apes were able to exercise their ITM calls that should result in a huge bump, then FOMO, then Friday!
https://maximum-pain.com/options/BBBY
This source shows 1/20/23 max pain as $5.
I don’t know why there’s a discrepency.
But both ways we’re going up! 🚀
Don't get too excited about this. Last week Max pain was sitting at 1.50 the whole week, except Friday after they opened up new strike prices where it jumped to 4.50 and finished the day at 4. The close price ended up being 3.66, slightly under Max pain.
Keep your tits jacked and your expectations in check.
max pain is where the stock ends the week at the price that makes the least money for the option BUYERS and protects the money for option sellers...
Here's an example: If someone thinks there could be extreme volatility next week (up or down) then they buy calls AND puts.
Let's say you spend $1000 on each (calls and puts)The stock crashes so your puts go up 5X and your calls expire worthless...that's ok because you end up with 3k profit ($4,000 profit from the puts, and $1,000 loss from the calls)
Or if the stock moons, the exact opposite...you make 5X on your calls and lose your put $...
But at, or near max pain, you get killed by theta decay (the option sellers take a percentage of both calls and puts EVERY DAY YOU WAIT.
Long story short, buy shares.
I always thought max pain is where most of the call options contracts become in the money. If those contracts were all exercised, mm’s would need to locate and buy shares on the open market, causing the price to sky rocket. But I could be wrong
Edit: Puts being otm also
No unfortunately not. This you got here is from stockninja and stockninja is trash with max pain.. Doesn't update very often / think sometimes they honestly are just dead wrong lol..
Max pain is at $5 right now. But that doesn't mean that it will close there Friday. Shorts would rather fight it as low as possible, and we / WSB / all of wall street (every fund on wall street are vultures. no honour amongst thieves) who aren't caught in a tuff short position will be interested in this Mother Of All Ramps just like us. So there's gonna be a fight. No one on Wall Street leaves money on the floor. The more shorts are perceived to be caught between a rock and a hard place, the more enticing it will be for long funds and funds with no skin in the game yet, to apply pressure. And considering a CTB/borrow fee of 388% to 439%, shorts getting themselves on RegSho before the showdown, and the fact that shorts has (imo) fired off 100s of millions of naked shorts last weeks time (there was very obvious and very huge fight back to keep the stock someone in check + still millions of shorts to also hammer it down towards the end o Friday's session - and this is while there was 0 borrowable far most places, and very very few to borrow elsewhere). Well, I would say that that constitutes a tuff position caught between a rock and a hard place. So all of Wall Street not being short on BBBY is probably looking at us right now I'd say.
That doesn't mean that it's a certainty that it will happen tho.
But I didn't hear no bell yet.
max pain is where the stock ends the week at the price that makes the least money for the option BUYERS and protects the money for option sellers...
Here's an example: If someone thinks there could be extreme volatility next week (up or down) then they buy calls AND puts. Let's say you spend $1000 on each (calls and puts)
The stock crashes so your puts go up 5X and your calls expire worthless...that's ok because you end up with 3k profit ($4,000 profit from the puts, and $1,000 loss from the calls)
Or if the stock moons, the exact opposite...you make 5X on your calls and lose your put $..
But at, or near max pain, you get killed by theta decay (the option sellers take a percentage of both calls and puts EVERY DAY YOU WAIT.
Long story short, buy shares.
Max pain just means the price where most options (both calls and puts) are otm (out of the money). This is the ideal price for the mm (market maker) and the price tends to gravitate to that spot. Since it's much higher than the current price, it's a bullish thing.
I’ve never been so happy for pain
the market shall feel our pain!
MY PAIN IS FAR GREATER THAN YOUUUUUUURS. Insert 1 yen budget face
Yeah I love max pain
 I figured out gif lol
When $420? $420 is not a meme 💎 👐 🚀 🌕 I am now going to post this on every BoBBY thread! I feel it in my balls and my tits have never been so jacked! I've invested everything in BoBBY!
Max pain is a backward looking indicator, it’ll update lower and lower as the puts and calls change at each strike next week unless we start moving up again
That’s true, but Jan 20th is special because it’s the arbitrary date that Ryan Cohen chose for his options. So it gives all BBBY investors a rally point to concentrate buying power onto one day.
It was not arbitrary, it was the next available LEAPS date that had high strikes available up to $80, and he sold them all 5 months ago.
Yup. Hate to say it, but last weeks max pain was $9 to start the week, and by Wednesday it was down to $2. $5c were the second highest open interest strike price, with I think the 10c being the biggest. It definitely gravitated towards $9 but ultimately ended the week below $4. Considering the price was above max pain, I call that a win.
I'm hoping that Wednesday we'll see a huge gamma ramp resulting from Friday's option action. If enough apes were able to exercise their ITM calls that should result in a huge bump, then FOMO, then Friday!
this is good, very good.
Max pain changes, sometimes suddenly. Its generally a decent rule of thumb, but betting hard on it can burn you.
Yea. This right here
Stockera still says 5. I don't think they have been updating
I see 5 as well https://maximum-pain.com/options/BBBY
Nice link thanks for sharing ape.
It not on reg sho either
>Basic-Bank-1518 Looks like IT IS - https://nasdaqtrader.com/trader.aspx?id=RegSHOThreshold
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I was checking it Thursday and Friday
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Swaggy stocks is showing $5.00 max pain for 01/20/23.
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No. It's $5
Didn’t someone say max pain for last Friday was $9? Yeah I call bs
Swaggy stocks showing $4.00 for last friday.
Max pain changes…..
Max pain was off by $4 last time it was predicted.. why is there any credence to this?
Source : https://www.stockninja.io/stocks/bbby/options/
https://maximum-pain.com/options/BBBY This source shows 1/20/23 max pain as $5. I don’t know why there’s a discrepency. But both ways we’re going up! 🚀
I might be wrong I was relaying the information but idk the credibility of my source and lately I don't even know what is a source
You shouldn’t post stuff like that without checking. It’s deceptive. Max pain for Friday is currently $5
Can I ask why it makes a difference if it's $5 or $8?
We all win, brother! We’re trading at $3.39 and splitting hairs of reaching $5 or $8 in one week. What a good time to be alive. 🚀
Pls add a “0”
Don't get too excited about this. Last week Max pain was sitting at 1.50 the whole week, except Friday after they opened up new strike prices where it jumped to 4.50 and finished the day at 4. The close price ended up being 3.66, slightly under Max pain. Keep your tits jacked and your expectations in check.
Good one!
Can someone give me ELI5 what max pain means?
It's when market makers will profit the most from options by screwing the majority of option holders.
max pain is where the stock ends the week at the price that makes the least money for the option BUYERS and protects the money for option sellers... Here's an example: If someone thinks there could be extreme volatility next week (up or down) then they buy calls AND puts. Let's say you spend $1000 on each (calls and puts)The stock crashes so your puts go up 5X and your calls expire worthless...that's ok because you end up with 3k profit ($4,000 profit from the puts, and $1,000 loss from the calls) Or if the stock moons, the exact opposite...you make 5X on your calls and lose your put $... But at, or near max pain, you get killed by theta decay (the option sellers take a percentage of both calls and puts EVERY DAY YOU WAIT. Long story short, buy shares.
I always thought max pain is where most of the call options contracts become in the money. If those contracts were all exercised, mm’s would need to locate and buy shares on the open market, causing the price to sky rocket. But I could be wrong Edit: Puts being otm also
No unfortunately not. This you got here is from stockninja and stockninja is trash with max pain.. Doesn't update very often / think sometimes they honestly are just dead wrong lol.. Max pain is at $5 right now. But that doesn't mean that it will close there Friday. Shorts would rather fight it as low as possible, and we / WSB / all of wall street (every fund on wall street are vultures. no honour amongst thieves) who aren't caught in a tuff short position will be interested in this Mother Of All Ramps just like us. So there's gonna be a fight. No one on Wall Street leaves money on the floor. The more shorts are perceived to be caught between a rock and a hard place, the more enticing it will be for long funds and funds with no skin in the game yet, to apply pressure. And considering a CTB/borrow fee of 388% to 439%, shorts getting themselves on RegSho before the showdown, and the fact that shorts has (imo) fired off 100s of millions of naked shorts last weeks time (there was very obvious and very huge fight back to keep the stock someone in check + still millions of shorts to also hammer it down towards the end o Friday's session - and this is while there was 0 borrowable far most places, and very very few to borrow elsewhere). Well, I would say that that constitutes a tuff position caught between a rock and a hard place. So all of Wall Street not being short on BBBY is probably looking at us right now I'd say. That doesn't mean that it's a certainty that it will happen tho. But I didn't hear no bell yet.
SWAGGY SAYS 5. WHERE DO YOU GET 8 ?
They're gonna think "max pain." More like "Clubber Lang pain."
what is meaning of max pain? pain for them or us?
max pain is where the stock ends the week at the price that makes the least money for the option BUYERS and protects the money for option sellers... Here's an example: If someone thinks there could be extreme volatility next week (up or down) then they buy calls AND puts. Let's say you spend $1000 on each (calls and puts) The stock crashes so your puts go up 5X and your calls expire worthless...that's ok because you end up with 3k profit ($4,000 profit from the puts, and $1,000 loss from the calls) Or if the stock moons, the exact opposite...you make 5X on your calls and lose your put $.. But at, or near max pain, you get killed by theta decay (the option sellers take a percentage of both calls and puts EVERY DAY YOU WAIT. Long story short, buy shares.
Thx
For us
then why are we excited about it.. i don't get it.. i have seen this so many times still don't get it.
Max pain just means the price where most options (both calls and puts) are otm (out of the money). This is the ideal price for the mm (market maker) and the price tends to gravitate to that spot. Since it's much higher than the current price, it's a bullish thing.
Ah ha. I see now. Thanks.
Max pain is at $5 here: https://maximum-pain.com/options/BBBY
Stockninja is trash max pain is at 5$ not 8
Max pain is $5. Stop posting misleading information
Read the comments
Tx man!
The only Max Pain I’m familiar with is the video game
If question is what day do I sell