It looks like clear sailing to the 17167 target shown.  This differs somewhat from two targets I’ve proffered for the Dow that lie, respectively, at 17209 and 17622, but you should treat them separately for trading purposes.  The rally to the target was first signaled three months ago, but anyone buying straight call options for the directional play would have gotten killed by time decay In retrospect, two ways to have taken advantage would have entailed buying calendar spreads or butterflies pegged to the 170 strike. It’s still possible to do this, so let me suggest legging into a calendar spread, first by buying 40 June 172 calls for 0.10 or less. These are the weekly options that expire in 25 days, and you should NOT pay up for them, not even a penny! You should also lower your bid by 0.01 for every three cents DIA is bid below 167.00 at that moment.  If you buy the calls, offer a like number of May 172 calls short for 0.03, g-t-c. (These are the weekly calls that expire in 11 days.) _______ UPDATE (7:05 p.m.): The calls traded no lower than 0.11, but you should keep trying. I’ll further suggest that, today only, you enter a 0.09 bid during the first five minutes of the session. That would give us a chance to participate in the trade if the market makers try to rip off option sellers at the opening bell. _______ UPDATE: (Wednesday night): Some subscribers jumped the gun and paid 0.09 for the calls well after the opening, even when DIA was down as much as 41 cents.  The options traded as low as 0.07, where a fill was reported in the chat room, but I’ll use a cost basis of 0.08 for tracking purposes.  For now, kiss your money good-bye (this is a speculative gambit, remember), cross your fingers and hope that a 1.50-point rally unfolds within the next 2-4 days. If so, you’ll want to short an equal number of June 174 calls for 0.12. You should put the offer in now and leave it in. _______ UPDATE (May 15, 11:18 p.m. ET): Our bet became a distant longshot with yesterday’s nasty downdraft.  However, the bullish target that made the gambit worth risking remains viable, and a lot can happen in three weeks.