Covered calls on BAC
Hey guys,
I am long BAC right now, but I doubt the stock will go up anytime soon. What do you think about writing call options on them?
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Can't hurt. Lowers your basis and I don't think you have to worry about the stock being called away any time soon.
Bank stocks have been dropping pretty much every day for the past year. Is it even a good idea to have BAC in my portfolio?
thats for you do decide...im completely short bac.
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