Points' total of 127 sets a new 36-hole low on the Nationwide Tour this season. Just two players -- Jason Gore (125) and David Branshaw (126), both at the 2002 Gila River Golf Classic -- have had lower 36-hole scores in tour history.
Darron Stiles and Bryce Molder posted matching 67s to take second place at 11- under-par 133. First-round leader Nick Watney is one stroke further back at minus-10.
Points began his day two strokes behind Watney. He made his move early though. After a par at the first, Points dropped in back-to-back birdies from the second to get to minus-9.
The two-time winner on the Nationwide Tour caught fire at the fifth. He birdied that hole, a par-5, and came right back to birdie No. 6. Points made it three straight with a birdie at the seventh.
Points made it four in a row with a birdie at the par-5 eighth to climb to minus-13. He carded three pars in a row around the turn at the Pete Dye Golf Club.
The 27-year-old Points eagled the par-4 12th when he drove the green on the 341-yard hole and drained his putt. He then birdied the par-5 15th and closed his second straight bogey-free round with a birdie at the par-4 18th.
'It is not my best round ever, but it is probably my most solid round ever,' Points said. 'It never felt like I was shooting 10 under. Fortunately, I attacked at the right time.'
Points leads at the halfway point of a Nationwide Tour event for the fourth time in his career. He has gone on to win two of those four -- the 2001 Inland Empire Open and the Northeast Pennsylvania Classic earlier this year -- both in playoffs.
'I just keep reminding myself that there is a lot of golf left to play,' said Points. 'I want to stick to my game plan. Obviously it is a pretty good one.'
Molder spread three birdies and a bogey over his opening nine. On the back side, he birdied three of four holes from the 12th to get to 11 under and then parred his final three holes to share second place.
Stiles, a three-time winner on the Nationwide Tour, picked up birdies at the 12th and 18th to get to 8 under. Around the turn, he wrapped birdies at the third and fifth around a bogey on No. 4. He closed his round with consecutive birdies from the eighth.
Nick Cassini and Bryant Odom share fifth place at 9-under-par 135. Jess Daley, Vance Veazey and D.J. Trahan are one stroke further back at minus-8.
A total of 63 players made the cut, which fell at 2-under-par 142.