Yeah but there's less risk on the downside if you're wrong. If you're right, absolutely, the closer the expiration, the more you'll make on out of the money calls, if they are within a feasible range and the spread is low.
Stoney, you're looking at the wrong ones though. We're using Feb 17 You are looking at Feb 24 The low/high of the day on those is .70x.79
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