Where is Opportunity?

On Sunday we went to hear a friend sing and play guitar at a private club. We were introduced to a very friendly gentleman who looked like he had been planted in the lounge for several weeks. After he bought us a couple drinks, he pulled out a slip a paper and said to me, "Dear, tell me what this says." The paper said

OPPORTUNITY
ISNOWHERE

I wasn't sure what the trick was so I read what I saw.

How would you have read it?

Opportunity might be nowhere but opportunity might also be now here.

Beth C.