BAC Bank of America Corporation Options Ahead of Earnings

15 ביולי 2023

If you haven`t bought BAC here:

Then analyzing the options chain of BAC Bank of America Corporation prior to the earnings report this week,
I would consider purchasing the 30usd strike price Calls with
an expiration date of 2023-9-15,
for a premium of approximately $0.83.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Looking forward to read your opinion about it.

19 ביולי 2023

עסקה סגורה: היעד הושג

BAC reached 31.70 after earnings and the calls went from $0.83, when I wrote this article, to $2.18, for a beautiful 2.60X gain!
Congrats to those who held the calls!