Replies to post #24685 on FinancialAdvisor's College Class (FACC)

[FinancialAdvisor]

I brought up BAC put $37.50 put options the day I heard word that a company's pay was held for a day through them. That put option that day closed at .36, the next day it closed at .90, it last traded at 2.35, and from the looks of things, it's likely to trade over 3 tomorrow! BACOU, the $37.50 BAC put that expires on Thursday.

It's going to be a volatile short week on Wall Street, especially with options expiration.