Canadian Solar Could touch $10-$11 on options max pain exp Friday.
CSIQ trading range today $13.40 to above $14
CSIQ is over bought at $13-$14, CSIQ Could touch $10-$11 on options exp friday according to options Maxpain
it may face SEC news by then, margin call sell off will do it easy. sell at $13.75 buy back at $10-$11
short csiq....of course this is just my thought on the maxpain theory and appling it to stock market mechanics. It must also be known that maxpain does not always work it is just one of many indicators.
long csiq puts july$12 and july$13.