KHS,
RE: your second to last paragraph.
That is what I am hoping for and would be very surprised if that did noy eventuate, i.e. ST traders coming in for the drill action.
Observer
Just my opinion, but I would prefer to pay a 0.001 premium over the option price and by the stock itself for 0.002cents which is what I have done recently. Don't need to worry about time decay.