Sell a March 5th $427.50 Call
Buy a March 5th $435 call

Collect a credit of at least $2.50 when executing the pair. We are risking a maximum of about $5.00 or $500 per contract pair, and our max profit is the $2.50 or $250 we collect when initiating this trade. We achieve our max profit if ZM stays below $427.50 as of Friday's close. Our max loss is if ZM closes anywhere above $435 as of Friday. You may not get executed as there is a wide bid/ask. Make sure you place this as a limit pair trade.

ZM has earnings tonight and is pricing in almost a $39 move. We will look to collect some of that premium above the market.

ZM is a good stock long term, but short term they face a decelerating growth, and the re-opening of the economy.

I know this is late in the day, and I usually try to give more time to execute trades, but the opportunity presented itself. ZM is up more than 10% already today and I think it will be tough to trade dramatically higher on earnings this week. Keep your risk vs. reward in check as we know this is a volatile market and anything is possible.