delta vs price... my risk tolerance weighed against belief a new high will come before exp? You watch it move if it does. Actually I didn't think it would fall as far as it did. target 3.5-5.0 minimum providing eom rally is on. <A HREF="http://www.optionsxpress.com/quote_option_chain.asp?SESSIONID=0&IsSubmited=true" target="_blank">http://www.optionsxpress.com/quote_option_chain.asp?SESSIONID=0&IsSubmited=true</A> You can get a ballpark overall view of every strike's Delta by changing the view... <A HREF="http://www.optionsxpress.com/quote_detail.asp?SESSIONID=0&SYMBOL=.OEYLK&MARKET_ID=0" target="_blank">http://www.optionsxpress.com/quote_detail.asp?SESSIONID=0&SYMBOL=.OEYLK&MARKET_ID=0</A> <img src=http://img128.imageshack.us/img128/6750/awu5.gif>