Then analyzing the options chain of BAC Bank of America Corporation prior to the earnings report this week, I would consider purchasing the 30usd strike price Calls with an expiration date of 2023-9-15, for a premium of approximately $0.83. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
Trade fechado: objetivo atingido
BAC reached 31.70 after earnings and the calls went from $0.83, when I wrote this article, to $2.18, for a beautiful 2.60X gain! Congrats to those who held the calls!
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