[theory6453]

When I signed up for OptionMonsters' free account so I could view their sub-group performance page, they started sending me alert emails. I usually ignore them but this one seemed interesting. Bullish call activity on EA with a $25-$29 spread for March.

To me, it looks like EA has entered a Stage 3 and will likely go sideways for a couple months before it decides if it wants to move to Stage 2 continuation or Stage 4. It seems like the bulls here are thinking that the stock has pulled back quite a bit recently, and then couple that with 4Q earnings from Xmas video games sales probably expected to be positive, then it could be a good play to go long for a couple months until it at least hits the upper range of the Stage 3 channel.

It certainly would be speculating and it doesn't exactly fit with Stan's method but I would be curious to hear some feedback on this potential play. At $25, it would be about a 10% gain and at $29 it would be about a 30% move from today's price.

Thanks.