I have been looking at various stock and index
max-pain areas. Here is something to think about. If we don't get a
massive rally in the coming week, before expiration, then on Monday and Tuesday
of next week there will be tons of stock for sale after the puts are exercised
on Saturday.
The only thing that says the rally shouldn't come
is hedge fund redemptions. It is my understanding that some funds will
have to liquidate up to 60% of their existing portfolios in order to meet
redemption requests. Will there be another round of hedge funds going out
of business?
Ira
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