Max Pain for March: Busted Again

Note the final figures for Max Pain on SPY, DIA, and IWM for March options:

SPY: MaxPain: 80, price at EOD: 76.71 (difference of -3.39, or 4.2%)
DIA: MaxPain: 80, price at EOD: 72.74 (difference of -7.26 or 9.1%)
IWM: MaxPain: 47, price at EOD: 39.98 (difference of -7.02 or 14.9%)

Just like in February, MaxPain once again was not effective in predicting prices at the end of options expiration.