XNPT - Griff...
I wouldn't question Griff's stategy re: plays like this, which is a perfect example of how he likes to trade; at least for well over a year and a half that I've been watching him; and of course, used to trade w/ him, early, dc, etc. on the "other" board.
He has been very successful using this strategy, and hey, it works for him and he's very comfortable playing this way.
I use a different strategy, which is a very obvious one that I'm sure most of the traders on this board employ as well, at lesst in part.
Anyway, just my .02 and good luck to all.