For the past few months, I have spending time on going through sassyoptions.com’s max pain concept (a variation of it anyway).
I have been applying sassyoptions.com’s technique to trade a few options successfully as well. I figured that lots of people would be interested in investigating this technique. I have created an app http://gambulator.elasticbeanstalk.com/ hosted on Amazon AWS so others can have a chance to check out this tool. The cosmetics of the apps may require some work but it seems to be getting the job done. Feedback using twitter/email or blog is greatly appreciated.