I am open to your comments also and after further consideration I take back my comment that you will need alot of luck on your option trade. You will just need a little bit of luck to make out fairly well on it, but we all need a little bit of luck with all our trades, right? You may not score a home run, but could do pretty well.
I determined the breakout from 88.50 when price completed the b wave and subsequently broke out above the downtrend line and the (a) wave. I'll bail out of my longs either today or tomorrow because "time" will be at the 50% place (see chart) and price is close to a fib extension of the (a) wave. Good luck with your trade, hope I didn't psyche you out to bad, and if I did i'm sorry about that.