Just taking a peek today, nice movement - I want the bid to keep creeping up as well as the ask, for the sake of stability.
PIANO, I haven't even looked at L2, but I would imagine the seller sold at those points on the way up and then dumped the rest of what he had for what he could get out of it.
Just a pure guess out of what normally happens. Since the other positions were sold on the way up, it didn't matter the last bit that was lower because it averages out well.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.