First let me say kudos to Coral for his call for 3.25
Looks like its gonna be close anyways...good chance it gets there.

Fast forward to the present. There is a 7-10 day trade in place now as most of the back months (Dec is at 6 days presently) have 8 days continous (as of today) with lower lows and lower highs. And the charts look very much like an upside down parabolic move is taking place.
Combine this explosive chart pattern with the extreme sentiment, the washout of most all the small traders, the objective of 3.25 (ie. Coral) within reach, and above all the seasonals and you have a very very good contrarian play at hand.

A good play would be to buy way-out-of-the-money calls over the next coupla' days (I am) and see what happens.
Even a stopped clock is right twice a day, so give me a break lol.