Option Max Pain Theory

How many of you believe in Option Max Pain Theory?

 

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When you sell a naked put on a $30 stock for a buck and the stock goes bankrupt, that's Max Pain.

 

Tip only short options on the SPY ETF.

 

How often does this happen? 1 in 30? 1 in a 100? 1 in a thousand?

And can you improve your odds through research?

 

I really don't now since it has never happened to me. That's probably because I do everything that Elite Traders suggest!

 

You must be a billionaire like me and all the others on here

 

• 120 Volt AC Household Light
• Remove Bulb
• Switch On
• Insert Tongue
• Let Us Know What Happened

• Take a Long Walk Off a Short Pier

 

That's about the most sensible suggestion that you have made here in months.

 

option is my max joy, where is the max pain?

100 in 100 joy