Bank of America (BAC) closed on Friday at a level it hasn’t traded since March, and I think the highs of the year are now in sight. The stock is down today, giving us a good entry point to get back in for its next move up. Buy to open BAC December $16.50 calls (exp. 12/26) at $1.13 or under. This is an aggressive trade.
BAC December $16.50 Calls: New Aggressive Trade
Bank of America (BAC) closed on Friday at a level it hasn’t traded since March, and I think the highs of the year are now in sight. The stock is down today, giving us a good entry point to get back in for its next move up. Buy to open BAC December $16.50 calls (exp. 12/26) at $1.13 or under. This is an aggressive trade.