What is the purpose of shopt -s extglob

I wanted to delete all the files from directory except the one. I found my solution here. This solution is using a command

shopt -s extglob

I wanted to know what this command is exactly doing, some back end knowledge. I also added a comment on this answer but did not got a reply till now. As a new user to Ubuntu I am curious to know what this command is doing.

In simple terms, globbing refers to pattern matching. Bash uses simple globbing like, echo l* which expand to list of files in current directory that start with letter l. Of course , as you can guess, it's simple and limited.

Enter extglob. As you can guess, it stands for extended globbing. This option allows for more advanced pattern matching. From man bash:

extglob If set, the extended pattern matching features described
        above under Pathname Expansion are enabled.

And a little before that:

If the extglob shell option is enabled using the shopt builtin, several
extended pattern matching operators are recognized.  In  the  following
description, a pattern-list is a list of one or more patterns separated
by a |.  Composite patterns may be formed using  one  or  more  of  the
following sub-patterns:

      ?(pattern-list)
             Matches zero or one occurrence of the given patterns
      *(pattern-list)
             Matches zero or more occurrences of the given patterns
      +(pattern-list)
             Matches one or more occurrences of the given patterns
      @(pattern-list)
             Matches one of the given patterns
      !(pattern-list)
             Matches anything except one of the given patterns

There's multitude of ways in which extglob can be used. Quite a few good examples are provided in Linux Journal and Greg's wiki.