The pattern shown is pretty enough that I’ll suggest bottom fishing if and when DIA gets within a few ticks of the 175.63 target. Buy eight March 20 178 calls, using the stingiest bid you can get away with. I cannot estimate it within 0.05 a day in advance, but you’ll be able to determine a fair price yourself by simply monitoring changes in the option bid/asked as DIA approaches the target. Stop yourself out if the options trade for 12 cents less than you’ve paid for them. I usually take the worst price reported by a subscriber as the official price when establishing a tracking position, but this time I’m going to encourage a little competition.
