Bank of America
Long
Updated

BAC Bank of America Corporation Options Ahead of Earnings

320
If you haven`t bought AAPL before the previous earnings:
BAC Bank of America Corporation Options Ahead of Earnings


Then analyzing the options chain and the chart patterns of BAC Bank of America Corporation prior to the earnings report this week,
I would consider purchasing the 35usd strike price Calls with
an expiration date of 2024-8-16,
for a premium of approximately $2.82.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.


Trade closed: target reached
BAC traded at $38.42 today, after earnings, and the Calls went up from $2.82 (when I wrote this article) to $4.50 at the close today, for about 60% gain!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.