23/10 Indices, page-25

Hi ChaseTDR,

re Max Pain.

Here is my source:

SPY Max Pain

The max pain for SPY on November 17th, 2023 is $450.

SPDR S&P 500 ETF Trust is currently $421.19 which is -6.40% lower than its max pain. According to the max pain theory, SPDR S&P 500 ETF Trust will likely gravitate higher closer to $450 by November 17th.

Outlook: Positive

https://www.stockninja.io/stocks/spy/options/

I guess there is a difference of opinion?