TopgOptions

BAC Bank of America Corporation Options Ahead of Earnings

Long
TopgOptions Updated   
NYSE:BAC   Bank of America
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.



Trade closed: target reached:
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!

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