One trade that has been quite good this year for my portfolio is Bank Of America Stock (BAC). Last week though, the stock fell apart along with the rest of the market as investors dumped financial stocks, principally bank stocks. That sent the stock below $30.00 and placed some of my short put positions, in-the-money.
This article is a review of the stock chart and outlook for the stock as well as outlines a number of trades entered today in the stock.
This Bank Of America Stock (BAC) Trade Alert and Strategy Article is for FullyInformed Members.
Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk.