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AMZN Max Pain Points to a Price of $220 by October 17th

Amazon (AMZN), experienced a big drop yesterday, falling 3.32% on the day and the options market is hinting that further downside might be in store. The options market could be indicating that the stock might settle around the 220 mark by mid-October. More News from Barchart This is due to a theory called Max Pain and is something I talked about in a video for Barchart. The Max Pain Theory claims that as option expiration approaches, stock prices will get pushed toward the price at which the greatest n ...