We watched Kraft tease two Hidden Pivot supports on the way down, and now it’s time for us to attempt bottom-fishing at the third, 19.62. We’ll be bidding for four June 20 calls (KFTFD) when the stock hits 19.72. I estimate they will be trading for around 1.40, but I’ll update guidance via the Bulletin Launcher if and when the stock approaches the target, perhaps on Friday.