With a little luck, the Diamonds will swoon this week to a Hidden Pivot support shown in the chart, 63.28. If so, let’s be ready with a bid for two (or multiople thereof) April 65 calls (DUDM). I estimate they will be trading for around 2.50 then, but you may be able to improve on the price by monitoring the bid/asked for the options as DIA approaches tehe target. I’ve included a snapshot of an options calculator that shows how I arrived at a fair price for the calls. The 39 volatility estimate comes from TradeStation.  _______ UPDATE: We’ll have to put the trade on hold for now, since the Diamonds are headed sharply higher this morning.