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Yes, see my reply on Earnings Play earlier today. You are looking for a strong move on a specific equity - big up, or big down - you don't really care. If there is an inconsequential move you lose Theta and so you would want to close off the position before too long. To summarise you are...

You sell a reverse ratio call spread (1 x 2 OR 1x 3, depending). So, for example you would sell 1 ATM call and buy 2 OTM calls next up the chain. Your broker should give you a net credit which should be fairly substantial. We are talking front months here with only a few days to expiry (maybe 5...