No crystal ball here, 38.87 is resistance, which is increasing about 2.5 cents /hour. We have 50% chance to reach 39.30 today, my gut feeling is 39.25 will be the high. I am short after selling my long @ 38.18. Short from 39.14 will cover 38.90 areas. Do your own D/D I can change my position any time without posting.
PS you can do a credit spread, Long 40 and short 36 either September or October, I am thinking to do 200 of those, Not in your league for 500.
Farooq