Hey Guys, Hoping some of you can give me some input for maximizing a return on an option play. If an angel told me a stock will rise 10% but can take as long as 2 months to materialize, what is the best route to trade that ? Let's say the stock is currently at $40 (also a quick scan of the monthly range -since 2010- for the stock is $3-8 per month - pretty sure it's classified/considered a non volatile stock), what would be the best play to profit from this. Though I have dealt with options before, but it's been over a decade ago now and even then all I did was mostly sell put options.
Actually, after thinking about it, $8 is 20% and double what I'm looking to lock in, so maybe it is a volatile stock.