The 85.22 pivot shown in the chart can be bought with a stop-loss as tight as 6 cents, and you could also short near 86.11, the c-d midpoint, with a stop as wide as 20 cents. This is for experienced traders only, and you’ll be on your own if either order fills. Officially, we’ll try to buy two Feb 87 calls (DAVBI) if the stock comes down to touch 85.24. _______ UPDATE: The six-cent stop-loss would have worked, since the Diamonds have bounced sharply off a so-far low this morning of 85.18 — four cents beneath the pivot target. Now, offer one of the calls to close for 3.25, making the order o-c-o (one-cancels-the-other) with a stop-loss on two contracts at 3.10. _______ FURTHER UPDATE: We scratched the trade when the Diamonds resumed their decline after rallying to 85.69. The fact that the rally lasted for only 30 minutes is evidence that still more weakness lies ahead.