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The 17-year-old birdied 17 on the way in to salvage her round.
Ochoa birdied the 10th, then parred No. 11. At the 12th, Ochoa two-putted from close to 50 feet for a birdie, which got her to four-under par and tied for the lead at the time.
She parred out to stay in a tie for the lead.
Sorenstam ran home a long birdie putt at the 11th to get to three-under par. She converted a seven-foot par save at 12 and birdied two in a row from the 14th.
The other contenders for Player of the Year are under par as well. Karrie Webb, second on the money list, and Cristie Kerr joined LPGA Champion Se Ri Pak in a tie for seventh at one-under-par 71.
Women's British Open champion Sherri Steinhauer and U.S. Women's Open runner- up Pat Hurst are tied for 10th at even-par 72.
Todd Fischer and Tom Pernice, Jr. both shot 65s at Summerlin on Friday and are tied for second place with Aaron Baddeley. The young Australian, who earned his first PGA Tour victory earlier this year at The Heritage, was tied for the lead with Points until a disastrous double-bogey at 18. He carded a six-under 65 at The Canyons and joined Fischer and Pernice at minus-12.
Points flew out of the gate with a 26-foot birdie putt at the second and an eight-foot eagle putt at No. 3. He hit his approach stiff at the seventh and tapped in the short birdie putt.
He continued his strong play on the second nine as he parred his first three holes on the back side. At the par-five 13th, Points tapped in a short birdie putt, then sank a six-footer at the 14th to reach 13-under par for the championship.
"My iron game has been pretty solid," said Points, who is a three-time winner on the Nationwide Tour. "These courses set up well for me, they're really appealing to my eye and there are a lot of opportunities if you can hit a good shot."
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Kurt Warner to start, Matt Leinart to watch
Despite the debate that's swirling , Kurt Warner will remain the starting quarterback for the Arizona Cardinals, coach Dennis Green said today. The Arizona Cardinals are the +7 point underdog at online sportsbook MySportsbook.com for this Sunday's game.
Green's comment came in a statement released by the team following an ESPN report that Green decided that rookie Matt Leinart would replace Warner as starter for Sunday's game at Atlanta.
"Generally talking about the starting lineup is not something we do," Green told the AP. "However, given the speculation that was out there we want to make it clear. We're disappointed after last week, but we still expect to be a playoff football team and we fully expect Kurt Warner to be the quarterback that leads us. That has not changed."
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