Wondering if anybody has a lazy man's way of getting the S&P max pain or SPY would be OK, too. Thanks.
download an options analysis tool such as options oracle, type in SPY in the quote box, click on the max pain button.
12% advance in 5 days is possible in this market. we shall see. if friday late day sell-off was like that on oct-27 when the market zoomed up the next day, spy 97 by expiration will become a reality.
there is this very popular internet site that allows you to search the internet to find an explanation for "max pain" i think that site begins with the letter g but i forget the name. when you get on it just type in "what is option max pain" and i'm sure you'll find an answer to your question.