We can afford to be patient bidding for January 70 LEAP puts (WAAMF) of 2010, since, if they don’t come at our price, we’ll simply move on to another opportunity. I’m encouraged to think we’ll get them eventually, though, and that they will be very useful for calendar spreading our way to a profit. Today, bid 14.60 for a single contract, day order. _______ UPDATE: When the scumballs who make option markets in this vehicle step ahead of us by 20 cents to buy the LEAPs on the opening for 14.80, you know we’re on the right track. Now, just so they don’t start thinking they can “lean” on our bid, lower it to 13.70 for the rest of the day. ______ FURTHER UPDATE Cancel the order, since we were a step behind the plunge we’d sought to leverage.