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Apple (AAPL), like most stocks, has been on volatile ride lately bouncing up and down between 195 and 240. However, the options market could be indicating that the stock might settle around the 215 mark over the next few weeks. 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 number of options in terms of dollar value will expire worthless. Large institutions are generally net sellers of options, so they will benefi…

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