@Healthraj
No problem with this, as long as MAX Pain is not used as the ONE and only thing to take decisions for any trades. Probably here some do hard with it and take it as the ONE thing. I am sure you use other tools and common sense to make up your mind about the market and not only the MAX Pain tool.
@Bapu
Sorry, but no party this time. The enemies (Time decay and market moves) have been to strong this time and did what ever they could to blame you. Guess you still enjoyed the ride of hope. Now you decided to go for the MAR 5900 put @ 12.15. What made up the mind to do so? One thing you have to be clear about: Buying far out of the money options (otm) is a business which leads most of the time to a loss in the long run. As market must move in the direction you wish (and this quit a few houndert points), and time is passing, you will face the same problems again. A cheap price not necessarily means a good price. Most buy those options because they think it is a cheap investment with high profit potential. But this is not the case, other wise we all only would buy such options and drive the biggest possible cars on the world. Probably you must change your mind set to an other kind of option trading like put and call spreads. This will limit your profit potential and it also limits your loss potential. Of course, this will be your decision and non of us can tell you what you may or may not can do. As you already choosed again the ride of hope, it is yours. Some times wishes become real and this most of the time by helping to make them real = Trade your options and not just hold and wait. See you around.
@SuperSayian
Well, looks this time you not made the "Super", even you used super words how great your idea seemed to be and how happy people will be. Never mind and as you told and learned by your self: Never fight the Tape, specially when only done on hope and pure speculation, as the details are not understood. What will be your next option trade you like to take to make you feel again to be on any ride which is related to trading?