mthompson45

BAC LONG into EARNINGS

Long
mthompson45 Updated   
NYSE:BAC   Bank of America
BAC has been on a upward trend and I see no signs of it halting. BAC reports Earnings on the 18th of January. Jan 21 Calls are still relatively cheap, if you wait until next week or the week after the price of the Calls will most likely increase in price.
Comment:
Still long BAC, RSI is still strong. Volume is at 23 million. We have some PUTS working against us but I knew as soon as I Posted yesterday the SHORTS would have a field day. Not too smart to SHORT a financial stock in this Market.
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