I don't understand (yet), being new, what option selling is. Could you explain to me briefly about max pain at 100? Does that mean their, as you said, use of the "confusion" to reposition is part of what's keeping it down? Does max pain at 100 imply that's the topside resistance? And if, as IntelligentSpeculator said, it was a 2B top, a failed test, what is the impact of this? Has a lot of damage been done, or can it recapture lost ground, say, in the space of a month or so? IS said it was like CIEN, but looking at CIEN's chart, I don't see any semipermanent damage done at any point. Your help would be appreciated, as I haven't yet determined what to do with my shares of EXTR. It's been hovering around 94.5 forever this afternoon.
Thank you,
Mino |
