There’s a midpoint Hidden Pivot support at 112.26 where we can attempt to bottom-fish today using the September 112 calls (DIAIA). The calls would be a good buy for around 1.95 with DIA trading at the target, so bid there for two contracts but stop yourself out if they trade 15 cents lower. _____ UPDATE: The 112.26 target given above missed today’s low by just 0.08 points — very close, considering the broad range DIA has traversed today, but not quite close enough to get us aboard. The call option traded down to 2.08, suggesting that it would have been priced slightly above our bid if the stock had come down to the target. When this happens, if you are able to monitor the order in real time, it is the stock price that should guide you in making entry and not the price I’ve suggested you pay for the option, since that is just a guesstimate. You should try to buy the option for whatever bid price obtains — or perhaps a penny or two more — when the underlying stock is kissing the pivot. We try not to give up even a penny’s edge if we can avoid it, since the deck is so heavily stacked against the retail customer. Our edge, such as it is, lies in “knowing” exactly where the stock is likely to turn.