Nice Volume for Feb/Mar 2022 Calls
$Zynga (ZNGA.US)$ Look at the Volume for Calls in Feb/Mar 2022 compared to other Exp dated Contrscts.A nice possible Trade could be purchasing a bunch of Call Debit Spreads (Calendar or Vertical, maybe even Diagonal).The Ex below would be for Calendar Spreads:Buy a bunch of March $7 Calls for $48 each. Then sell the same amount of Contracts for the Feb $7 Calls for $38 each.The total cost for you would only be $10 for each Debit Spread.And a good thing about Calendar Spreads compared to Vertical is that THETA will affect the Legs you sold more than the Legs you bought bc they Exp sooner. HENCE ……. possibly more Profit!!And as Always ……. just because you purchase Options that don’t expire for awhile DOES NOT mean that you Hold All of them up until Exp!! That’s INSANE most of the time!
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LiLi75 : Is there a group?
CowJumpedOverTheMoon : Prescient. And a big congrats if you took your own advice here!