The Investment Thread

Turfie said

That’s one of the tin foil theories on why a few stocks just drifted sideways in April into mid May. They called it the Max Pain theory for hedges.

Kong whales would keep the stocks channeled in that max pain area. Kinda similar in the big short Baum said “We're going to wait and we're going to wait and we're going to wait until they feel the pain, until they start to bleed”

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Sideways I still make money but it'll be single digit percent gains. If AMC can breaks above $62 or below $52 then it would pay big. I don't buy that max pain theory. Looks a lot more like a sideways consolidation pattern. I doubt we go there right now, the stock is at a really volatile point. This is the first time in months I've been home to swing trade. I got bored with trading but after the break I really missed it.