Calendar spreads are a popular options strategy that benefits from time decay and volatility shifts. Barchart’s Long Call Calendar Screener on January 6th revealed interesting trades on stocks like DAL, NFLX, MS, WFC, and BAC. For example, a Delta Airlines spread at $70 strike price could cost around $2.55 with a potential max profit of $230. Breakeven prices estimated at $64.75 and $76.75. Another example is a Netflix spread at $95 strike with a net cost of $227 and max profit of $360. Wells Fargo stock also presents a spread opportunity with a net cost of $135 and max profit of $200. Remember, options trading carries risk, and investors should conduct thorough research and consult with a financial advisor before making any investment decisions.

Read more at Barchart: Calendar Spread Screener Results for January 6th