Wrote back quick before you go away !!!
I am speaking of the Feb options for the SIH11 futures contract that expires either tomorrow or day after.
My posted range for max damage came from the Feb. option open interest. That gave rise to the 27.5 to 28 range. SIH11 would have to close in that range tomorrow, or Thurs. to do the max damage to the option holders as I viewed the numbers.
That is all I was suggesting and thought it would be interesting to pay attention to given your earlier "max. damage" comment a number of days ago.
So, for "max damage" SIH11 has to rise a bit to get above 27.5 and less than 28 at expiration, whenever that occurs, tomorrow or Thurs.
That is what I was referring to.
The table I posted was for the March11 options expiring in about 28 days. Separate discussion and I think I confused things. The Puts I have are for March.
The Feb. discussion was only an observation on your "Max Damage" comment.