dow down bad for gdn

There will be major downward pressure on specs today with a very negative lead from wall street - down 1.3% (NASDAQ 1.7%) and fall is gaining momentum.

This could really hurt GDN with options now less than 10c in the money. Lets hope there is a major rally on wallstreet prior to close.

Question is - If options fall to 5c is it worth a $5K punt to pick up 100K options this close to expiry?

I think I'll not look at the markets tomorrow!