Lions.. BAC is a buy here.
You can capitalize on this several ways.
With this trade…. you can buy just ITM calls which expire out 6 months. This strategy carries the most risk, but also has the highest profit potential.
Two. Sell WAY OUT OF THE MONEY puts which expire out 1 month. This strategy carries much less risk.
Three. The least risky strategy is to set up a credit spread- and there are many ways to do this easily.
***I PERSONALLY LIKE TO UTILIZE EITHER SELLING PUTS, OR SETTING UP CREDIT SPREADS TO TRADE.
*** I cover each of the above strategies/how to set them up in detail, plus MUCH MORE in my book A (NOT) So Random Walk On Wall Street.
If there is going to be an April market crash as some predicted it had better hurry up because there are only like 3 more days left in this month.
Those prophets could still be right though. You'd just need the market to crash in only 3 days which never happened in human history, but it theoretically could. Hahahahahahahahahahaaa!
I love "Market Prophets." They are usually wrong. That's why when the MSM were pumping an April crash I knew it wouldn't happen. Why would those in the know want you and me to be well informed?
Whatever they plaster all around the MSM....do not believe. 😃
Do you recommend a regular buy and hold on these trades?