They're the only team in the running with a positive goal differential, and they're ever so slightly ahead of the pack in terms of points percentage. Unfortunately, the teams around them are all heating up at the same time. Detroit, Columbus, even Montreal, have all been pretty solid in their past ten games.
I bet they get a wildcard spot this year, but it's usually when the games get important that the Senators seem to lose steam. Couple important dates on the calendar this month with two games against Boston, one against the Rangers.