Reddit Posts
Election year. Trump stocks and Biden stocks
Economic Events and Notable Earnings for the week starting 01-08
Thoughts for $BAC and $JPM Earnings Report 1/12?
Earning calls of lots of major financial institutions on Jan 12. JPM, BAC, WFC, HDB, BLK, …
Good time for Bank Stocks, since Fed potential interest cuts?
$ACGX Thinly traded, Low Float Runner!
This company makes drinks that help reduce BAC
Looking for the next $SHOT- suggestions on stocks that have a product launching soon
Bank Of America; How do you guys see it currently and its current price?
SHOT Thoughts on short squeeze? 7.5% Short Float and Strong Buy
Bank of America $BAC closed at 29.04 on Aug 30. Today it is trading at 28.78 yet the feeds say it is down only $0.01. How does that work?
JPMorgan Chase Analysis and Financial Statements
SoFi - Questionable Accounting and Business Model
SoFi - Business Model makes no sense and weird accounting
What are some stocks that worth selling covered calls?
What should I add? Thinking about adding a dividend stock.
Canadian Financials and US Financial Options Trade
Diamond in the Rough- $USB making a comeback 💎
Bank of America $BAC to pay $250 million in fines and restitution
Bank of America accused of opening fake accounts and charging illegal junk fees
How do I decide between initating a new position vs adding to an existing one?
Bank of America $BAC is facing $100 billion in paper losses in bond markets, due to interest rate increases
BAC: Still running. Resistance soon. 4.66% gain so far.
💰💰💰Get new runners! 06/12 #premarket $IFBD $KDNY $AHI $BAC $GOVX $XPEV
US Banking Crisis Spurs $756 Billion Capital Surge Into Cash Funds
Market Recap - 6/1/23 - Stonks only go up?
Why LULU's earnings today will completely obliterate everyone
#Strategy Validation: Events like the US debt crisis have increased the vega significantly
Should we listen to BAC?? Those guys lie a lot but this seems different
Week Ended May 19 - Recap and thoughts for next week - We stay invested but cautious as a result
The Wheel Strategy: Intentionally Assigned for Dividends
Warren Buffett increases stake in BAC by 2%
Why do some companies not have liquidity until 9:00 am?
Market Recap - 5/4/23 - "It's not my fault, it's 'market manipulation'"
Bill.com: Empowering investors with confidence amidst Covid-19.
Will the Cash App be the savior for Block struggling quarter?
50% of this Bank of America Corporation (NYSE:BAC) insider's holdings were sold in the last year
Big banks including JPMorgan Chase, Bank of America asked for final bids on First Republic
BREAKING: Jim Cramer says the collapse of First Republic Bank could mark the end of the banking crisis.
Inmates Running the Asylum: Low Quality Articles on Investing and Stock Picking by Journos Pretending to be Investment Analysts
Inmates Running the Asylum: Low Quality Articles on Investing and Stock Picking by Journos Pretending to be Investment Analysts
Market Recap - 4/17/23 - Everyone is bearish, but stonks only go up
Bank Earnings Provide Confidence to Buy
2023-04-17 Wrinkle Brain Plays - In the style of Barney Stinson
BAC - are deposit outflows already priced in?
if you hold RKT, UWMC, LDI or WFC, BAC, JPM… food for thought on mortgage debt-to-income
US Financial Sector Earnings - Q1 thoughts?
I’m hoping to christ BAC goes back up to where it was before the crash
Looking for a bank stock to invest in and hold long term 10-15 years.
The Idiots Guide to Why the CRE Market just entered a Negative Feedback Loop.
Data Point: Early Assignment on Sold Put...in Pre-Market
Mentions
It is simple - well, maybe not... the CPI data is showing that some good and services are falling, the basics. The people who still have money and have not cut back spending are fueling inflation in other areas of the market. So from a CPI perspective those people are winning. However, the rate hikes are starting to take their toll. The US Consumer has less discretionary income than last year and interest repayment for things like CC debt is increasing rapidly. And a tricky one is insurance which for some states is mandated for basic things like cars. This will require a regulatory intervention because those consumers can't operate their cars without insurance. Looking at recent earnings - they aren't great. While meeting expectations BAC's top line items were down YoY and cited rates as part of the problem. Additionally every major bank with consumer credit exposure so far has reported substantial increases in NCO's. JPM reported a 185% increase in CC delinquency. We're starting to see regional banks and community banks also reporting some trouble in consumer and commercial loans. Goldman was just fine but they don't dabble in the exciting pot of honey that is consumer credit. So far the dramatic increase in CC delinquency hasn't show up in other lending but it is likely a matter of time. Reading some of the forward looking statements - they are not positive. I suspect this trend will continue. The rate hikes are a bad idea and punishing for a swath of America. Additionally, credit card defaults are also bad for the economy because with a less desirable credit rating, the ability of that consumer to participate in a responsible and economically efficient way is hindered until their rating goes up. It's all bad news from here while rates remain high. Pay attention to Forward P/E's going forward....
Go to your morning hourly graph… And once you see two red candles back to back… closing at 10 and closing at 11… on a downward trend, take these positions for the Friday that is more than three days away. Stop looking at strike price… Focus on cost of contract… What to pay for Options BAC .10-.20 w 3M in Vol USO .10-.20 w 2M in Vol SPY .25-.30 w 20M in Vol AAPL .45-.80 w 25 in Vol AMZN .60-.80 w 3M in Vol META .60-.80 w 3M in Vol TNA/TZA .60-.80 w 2M in Vol NFLX 1.50–2.00 w 1M in Vol MRNA 2.00-4.00 w 2M in Vol TSLA 6.00-9.00 w 10M in Vol
What's going on with BAC?
This is what you're betting on right now. And wall street has made their bets and are moving these players accordingly. It is very risky and frankly a little scary at this juncture in the market. But then to make gains you have to do things like this at times. I see more headwinds for the market than I"m used to before banks ran and am very leery of allocating capital back into banks right now. That is me that is nobody else. I can easily be dead wrong and I"m smart with regards to banking and market metrics and also completely ignorant at the same time. There are very smart people making their bets right now. Berkshire owns a lot of BAC at this moment. They bought a while ago so don't take that as a buy signal at all. They dropped 4 percent or so yesterday on earnings and the dust will settle in the next five days or so.
BAC WFC MS UBS are fucking weak compared to NTRS
Burned on BAC. All of them are going down...
At least give the right ticker it’s BAC.
I bought BAC calls at the market open. I'm down 89% on that option today, haha. At this point, I'll just see it through and try to recoup some of my losses.
$BAC was also better than expected. Went down...
BAC CEO up next on CNBC….expect talk about 10yr treasury rate & # rate cuts….
Market clearly now immune to JPow's babbling. Sure glad I got scammed by some f\*wit site claiming MS reported Friday. Had no choice but to switch to BAC as a banking play for the pivot to a decade of high interest rates. 36.5c seemed such a good buy Friday.
# Bank of America, $BAC, has said that the copper supply crisis is here, per MW.
thank god i sold my BAC LEAPS last month lol
BAC was pumping premarket on earnings then 📉📉📉📉 on open broootal.
Thanks, I appreciate your detailed explanation. I was familiar with most of that but had not actually seen it in practice. So, for my example...there seems to be little, to no, material IV movement post earnings, which I'm surprised to see. I had this great fear of a massive IV movement but I'm simply not seeing it for the 5-17 BAC $36 Put. Maybe this is a bad example of a stock which has relatively low IV to begin with. Also, I wonder if there is little IV reaction post earnings for my particular strike date since it is still a month away. Any thoughts on that?
Son of a whore. BAC beat earnings n still tanking. Last time I play earnings
I need BAC guidance to suck on this call so it tanks 😂
MS and BAC giving us a little hope today
If MS and BAC miss today that’s a wrap
~40vol implies an average daily move of ~2.5%. Does BAC typically move 2.5% per day? No. 40vol is high for BAC.
Question: You mention IV for BAC is quite high. I had (have closed) 5-17 puts and IV earlier today was in the 27% range for $36 strike. When the market sees IV crush....is there any kind of rule of thumb for impact on option pricing? Does "crush" mean 20% drop or 70% drop. I keep hearing IV crush and have seen charts showing the drop....just not sure what to expect. I know this is going to happen regardless of the underlying asset price move (+/-). I'm watching tomorrow to learn, just thought I would ask.
Anyone playing BAC for tomorrow?
Are you playing them for earnings? Bought JPM puts and just did the same for BAC
I just want BAC to have a good earnings tomorrow. Probably too much to ask for but fuck I just want 1 thing to hit at least...
I don’t like them for BAC and would go no deeper than 35.5. BAC is my bellwether for Financial/Banks in general and has not had it bad for 6 months. The last 3 days are the setup for earnings and, I believe, reflect market sentiment. Don’t underestimate BAC.
Right now im asking people the same question lol. Later I might buy some overnight yolo puts for Bank of America's earnings tomorrow morning. So BAC is going to hit a record earning and the market will pump tomorrow
Unless there's good reason to believe BAC has screwed up the pivot in the same way JPM did, 04.19 36.5c look a steal at 0.58. I think BAC will come in closer to GS's sucess than to JPM's fiasco - JPM has been expanding its balance sheet agreesively since 2016, BAC has been carefully pruning, BoM-style.
Why do I always buy at the worst time? BAC puts when at 36.14
Just checked through all three sets of ERs for past 5 years and it seems a bit obvious but if BAC posts results closer to GS than to JPM it will be in good shape overall, whereas anything like a JPM-quarter will send it crashing. Obviously this brief analysis looks at percentages rather than overall nominal figures. JPM has been expanding its balance sheet aggressively since 2016 and these results were quite unexpected, whereas up til now BAC has been keeping pace with the progress of GS. Let's see if BAC handled the transition well - it seems to have a sturdy balance sheet management so far.
BAC calls for earnings?
Hey you guys are clever...is it any coincidence that BAC and WFC are at 11.84x and 12.04x while C and GS are at 17.70 and 17.74? I quite like the look of bank stocks after GS this morning.
I was sure that BAC will drop after ER but GS made me think that may not happen. So I am confused.
UAL Puts ? And BAC ?
I'm bullish on my current BAC
Do people usually go all in on 1-2 stocks or diversify? Have a few puts on UAL, LUV,JNJ,BAC for this and next week but 1) I don’t see these mentioned in this sub even though they have earnings and 2) I notice people usually go in on a single stock like nvidia or spy directly
You should be getting way more upvotes. JPM and BAC are considered fortresses. Businesses with more than $250,000 also will flee to them. The top comment in this thread is about SOFI offering 4.6%. While that's great for consumers that means JPM offering 0% can invest in risk-free Treasuries at 4.5% while SOFI has to invest in the riskiest trash at 8% to get the same spread. Stuff like subprime auto is already turning to dogshit for them.
You should be getting way more upvotes. JPM and BAC are considered fortresses. Businesses with more than $250,000 also will flee to them. The top comment in this thread is about SOFI offering 4.6%. While that's great for consumers that means JPM offering 0% can invest in risk-free Treasuries at 4.5% while SOFI has to invest in the riskiest trash at 8% to get the same spread. Stuff like subprime auto is already turning to dogshit for them.
Price matters. People don't realize that big banks are an almost completely commodity business with individual banks having different weighting in a few different core businesses, and deposit profile being different by bank. Since 2008 crash the industry regulation has completely changed with the introduction of CCAR, Basel3. The company's aren't really comparable to that era without prop trading desks etc. The risk profile and profit profile are completely different. The investors who went from $500 to $5 in $C aren't the same ones who bought for $40. Citi at $35, $BAC in the mid $20 range were stupidly cheap as long as you had confidence that there would be no run on deposits. Easy 15-20% ROE at those prices. Hence the massive run the past 6 months. I bought several LEAP at those levels which are up 200% in very short period. Understanding deposit profile in banks is probably the most important skill. SVB revealed a lingering danger in non diversified regionals which government has jumped on.
Bought some 0tde $36 BAC calls 
JPM thots are better looking and more open to unprotected sex than C WFC and BAC thots
Sold my spy 4/16 yesterday for 300 loss, but ain’t no way I hold thru the weekend after this price action. Went all in on BAC for earnings, what we thinking
Sold all my SPY calls with exp on 4/16 and bought BAC and XOM calls 4/19, what y’all think
C, JPM, BAC, PNC, FITB, ZION calls. Banks about to have a good fucking two weeks.
BAC options are best way to play bank earnings tomorrow. Sympathy move will mimic most of the move in JPM/WFC.
I'm basically full port BAC right now, so I'm strapped in next to you. Godspeed regard.
Yo, grab some 1DTE calls on banks announcing earnings next week. Lower IV play. They always make their move with the first banks to announce anyway. I targeted PNC, USB, and BAC.
Got 1DTEs in BAC, PNC, and USB, as well as a couple free TSM 147c that is riding on house money. Am I scared? Yes. Does that make it more fun? Also, yes.
Took 100% profit on my SPY 1DTEs. Back to even from overlevergaing myself yesterday. Feels good man. Picked up some BAC calls for tomorrow cuz they were cheap and will probably run if banks have good earnings tomorrow.
What do you guys think would be the best bank play that isn't announcing earnings tomorrow? Trying to catch a bank without the IV in case JPM and BLK do well tomorrow. BAC, WF?
If that's what u believe is really happening, all I can say u are seriously about to get fcked.  I am not gonna teach u economics but do look up how regional banks were doing last night. Ticker: MS, WAL, ZION, FITB,C, CMA, BAC and so on. Tell me how all the banks droping 2%-6%isnt indicative of stressful conditions.
U are better off just shorting small and big regional banks. Zion, WAL, FITB, CMA, C, MS, BAC all of these were down 2%-6% last night u just need 1 good weekly out and u are out.
Yes one investor, in theory, can keep a company afloat. But not for 10% of the company (it borrow your example from BAC where no one entity can own more than 10%).
Still saying **AMD, VISA, TSM,LSSC, AMAZON, BAC,CARR,** AND TRY WENDYS?? NOT sure on the Wendys deal? I would go **Pepsi** instead. I switched to **T-Bell (**[Now](https://Mpls.Now) addicted to those damn cinnamon things???) because, Wendys damn prices sky- rocketed here in [Mpls.](https://Mpls.Now) Maybe because the jerkoffs burned the store down, in DT during the Floyd riots?? What are others thinking??
I'm regarded, but not that regarded. BAC is trading (mostly) flat. A straddle would almost guarantee a loss. My iron condor idea may as well, but it's slightly less likely 
Think tomorrow I'll play it safe with an iron condor on BAC
Take out a personal loan at BAC WFC JPM C
BAC up & 10 yr yield down make me think market already knows the CPI print will be in line.
BAC full on calls for Friday. CPI coming in cool tmw
ASML underrated af, also BAC expecting some moves with the earnings🫶🏻
BAC puts anyone? Historically this stock always fell in value after earnings briefly
So I have a question for the geniuses. Is BAC a better buy to play earnings this week, even though it doesn't report this week? C and WFC report on the 12th. Here is a chart of WFC, C, BAC, WLF. [https://imgur.com/a/Nak6YEa](https://imgur.com/a/Nak6YEa) They all seem to move together and the earnings date are WFC's. The IVR Rank right now per Tasty Trade is 57.2 (C), 51.1 (WFC), 37.5 (WLF) and 36.5 (BAC). So that seems to indicate IV is higher on C and WFC. Just checked both are at 50% on the weeklies, closest strike. BAC IV is 28%. Or am I overthinking this? Thanks
NTRS Navy Seal Financial Advisors are the premier elite Financial Advisors MS BAC WFC UBS Financial Advisors are fucking weak
I buy AAPL call, they get sued. I buy BAC call, they get sued. Both tank. Will I ever win?
Off-the-wall question: Was wondering if there was a hard-and-fast rule about what determines the width between strike prices? I know volume has a bit to play in it, but say for example: BAC/PFE/TFC, etc. have strike prices $0.50 apart, some have $1 apart, while HSY/CBRL/BA, etc. have stock prices $2.50 apart, so forth and so on. Just wondering if, for example, I am interested in options with a $2.50 width, if there was a mechanism to tell which would be which, without having to randomly punch in stock symbols haha. Thanks for your time!
Assuming you guys are all younglings the covid crash was nothing compared to the 07 crash. It was crazy to think at that time with little knowledge I had after graduating from high school I would buy stocks two years later at the lowest of the low. I bought BAC for $4 and Wells Fargo for $9 and everyone thought I was crazy because they were on the brink of collapse. Not sure if you want to call it luck but you know the old saying buy when there is blood on the streets. Fastfoward post covid I bought a lot of stocks and held until last month and I started to unload the ones that I felt had run its course but kept majority of the Aka magnificent 7s and used majority of the money to buy back into solid dividend boring companies. My plan is to keep them there and reinvest the dividends back and also save a little for the next crash cuz it will happen and you’ll know it when it happens. My assumption is the next crash will be a tech crash and this will be a golden opportunity to buy back in on some solid tech companies for those that missed out. Just be patient
If Elsa Jean wasn't a pornstar... She likely would've been a Portfolio Manager at BAC US Trust
How do we think BAC is gonna do for their next earnings call?
Lol puts. 'Cut BAC in half in a half hour' my ass
Wow, maybe I agree with BAC at best. Remind me to inverse you
ACDVF FSELX GBTC SOFI ZVRA ZVRA Calls BAC TSLA U VFIFX Had some puts on TTWO
I pulled most out in late 2019. Then in April 20 I went in hard on Berkshire, JPM, BAC. Best decision I ever made, my only regret is that I didn’t go all in on those.
If Elsa Jean wasn't a pornstar... She would've been working in investment management at WFC Private Bank or BAC US Trust
BAC had its run. You missed it.
Not best, but what I think are undervalued at the moment Banks (BAC, USB) REITs (Granite) And if you have the stomach for it.. Healthcare (PFE, BAX)
Things have changed a lot in the last few months. Many within the banking sector were undervalued, like C, BAC, AXP, but those have now exploded. At this point, I'm not seeing much undervalued. I think a few select REITs like ADC might be a little undervalued, but I'm not expecting a 50+% jump like I did with C. I think a few preferreds are still attractive at Thursday's close, like BEPI, LANDO.
BAC market cap is 300B. Robinhood is 17B. N SOFI 7B. I believe they are doing good reaching their audiences so far. So I see growth. And it has volatility. Consistent profitable growth would make it insane.
I am a SOFI believer. Buying the company and holding long term. I genuinely believe they have the best banking product e2e. All of the hype is going into HOOD but I think SOFI is the better long term play. I refuse to believe that they won’t disrupt big banks like WF, BAC, etc.
Do you think SoFi can become bigger than BAC? If not, then that’s probably why. Disrupting the current financial services market is tough, SoFi is only growing at ~20% a year in a relatively small area of finance, that’s why it is being priced cheaper than most fintechs like SQ. And high interest rate environment is not good for their loan business. Generally, I don’t think fintech is a good investment in NA market, the industry seems very hard to adopt change and probably have to do with regulation and stuff, unlike in Asia where electronic payments are no fee and instant.
I have BAC shares I've been selling CCs on so thank you for your service.
I like plays that will go up with rate cuts in the next year or 2 like utilities, REITS, Banks. You’ll get dividends along with share price appreciation. Some examples I currently own are NEE, O, BAC. They aren’t for everyone though so do your DD and don’t invest if you’re on the fence about the idea
Will the market soar next few weeks ? Got me some puts expiring next two weeks with BAC and BBY
Ok so you’re day trading I take it for sure. I have held onto the BAC $40 option for 3 weeks and it’s just slowly ticked up. Carnival has been much more volatile, so maybe I should try and play those swings.
Why does Goldman Sachs have such a higher PE than its peers like JPM and BAC and other financials? Am I missing something and should load on calls? Want to buy puts but it just keeps pumping and maintaining the momentum somehow
BAC $38.5 4/12 looking good right now
Off-market trade, if BAC wants to sell a large order, it will put a call out to everyone interested. JPM maybe interested, they will do a deal in the secondary market, or a couple of large institutions would do be on the buy-side together. The entire trade exchanges hands without influencing the price.
Occugen, AMD, BAC, AMAZON, DWAC, AVALANCHE BITCN
anyone in BAC puts/calls? free money