rebel - 800 is based on current price that will cause maximum...

rebel - 800 is based on current price that will cause maximum pain to the majority of options holders. that is, the price where market markers pull in the $$.

this may change as we get closer to the date....but even at this early stage, it's usually a decent guide.

if you need more info, google "maximum pain options theory" or something along those lines. there's tons of good reading available on the net.