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How to Generate Income from Your Stocks

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New York Trader Forum

Market Shots

PIN PRESSURE INDICATOR™

Using Pin Pressure as a leading indicator for setting price targets


AJ Monte, Chief Market Strategist for the Market Guys, has written a paper for the Market Technicians Association on the Topic of Pin Pressure.

This document was grounded in research conducted by the University of Illinois showing how Option Trading Volume affected the price of the underlying stock in which the option contracts where traded.

From this paper, AJ has developed the Pin Pressure Indicator™ which is a calculation that computes the combined open interest traded at various strike prices and uses this data to determine price targets for individual stocks as we approach options expiration Friday.

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About AJ Monte

AJ Monte

As a premier trading consultant, AJ is one of the most sought after in his field. He teaches professionals specialized techniques on how to accumulate and protect wealth through innovative market techniques.

Read AJ's extended biography »

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What you're saying

I intend to stick with you guys as you're fantastic and it's great how you keep it simple. In November '06, I had no idea what an option was. It has not even been a year yet and it's amazing how much I've learned.

–Anish P.