The act of taking advantage of a situation or opportunity can be described using a variety of synonyms. Some common ones include exploiting, seizing, capitalizing, utilizing, leveraging, and profiting from. These words can add nuance to the original phrase and emphasize different aspects of the action, such as gaining an advantage, using resources effectively, or making the most of a situation. Other synonyms for taking opportunity might include grabbing, snatching, tapping into, harnessing, or making hay while the sun shines. Each of these expressions has a slightly different connotation, and careful consideration can help a writer select the best word to convey the desired meaning.