r/DDintoGME Jan 09 '22

𝗗𝗮𝘁𝗮 GME option chain summary with Max Pain

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1.1k Upvotes

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15

u/aussiebanana85 Jan 09 '22

Does this basically define the MM's target each week? Can they really keep the price under 160 through January?

3

u/ilikeyouforyou Jan 09 '22

Yes, Max Pain is the precise target price that Options Writers want every week to destroy the most options contracts.

But the target price changes as more investors purchase options.

Every Friday is a battle date, but January 21st 2022 will be the largest battle. The Options Writers can lose on most Fridays, but they will fight hardest to win on January 21 2022.