Question is are you still shorting ZNGA or you are on puts option to have it below $3.
The shorts percentage on Znyga has dropped and the coming earnings will most like ly be good since it had a low expectation.
Most importantly, the guidance after the earning for the next quarter will be quite rosy due to its future plan in online gambling. More of the online gambling details will be discussed too,
so you can expect the price to go above $4 after the earnings.
This is easy money.