Bank of America Corp (BAC)

[myreview]

BAC - Call-options

I'll keep writing them as long as people are willing to buy them and I will be buying puts with those premiums.

Sorry to say, never been a fan of BAC, and confident we will see more insider selling in reports in next few weeks.

The banking sector again is getting hit hard. Unfortunately, the big ones made a good run the last few years.... but never learned leasons and starting writing more careless/risky loans.

Fargo--- of all the larger size banks is my favorite. But economic times still a bear in my eyes.

Only thing keeping the market alive is our silly monetary policies.... and the unspoken inflation we are having. Why the dollar is so strong?? IMO- only due to the weeker CAD & GBP.

Bumpy roads ahead....careful folks and good luck to all!


IMO---of course