Shares of Applied Optoelectronics Inc (NASDAQ:AAOI) bounced right at the site of the March high and 250% year-to-date level. The share price found support at the 130-strike peak put for all expirations, with the front three-month contracts at the 125 strike. Max pain rolls higher through the end of July as well, making now a good time to buy calls.  AAOI’s short interest float is 14.2% and grew by 9.63% over the past two reporting periods. A reversal in price action could prompt short sellers to take profit ...