Bank of America Corporation (BAC) $8.96 +0.06%
Bank of America (BAC) is flat at $8.96 and a Feb 8 – 10 bullish risk-reversal trades on the bank for 2 pennies, 30000X on CBOE. 35000 traded on the day (another 5K for 2 cents on AMEX) and appears to reflect a bullish short-term view on BAC, which has already rallied 24 percent in the past two months.
Category: All Stocks, Banks, Large Cap Stocks
Free Newsletter
If you enjoyed this article, sign up to receive more just like it.
About the Author (Author Profile)
Frederic Ruffy is a well-known trader, writer, and strategist who has spent years educating investors and creating intelligent, insightful, unbiased market observations that are frequently cited by the Wall Street Journal and other financial publications. As senior analyst, Fred provides frequent and regular notes and daily updates for activity of interest.
