BAC

greenpride32

Investment bankers (let's say at shops such as GS JPM MS BAC etc) work on these deals - and then you've got employees at both FOX and ROKU - I'd be shocked if there weren't leaks - and that's why there always are.

ybl84f1

This might be useful information in certain situations - but in other cases it makes no sense. And where it possibly may make sense its simply supportive data - nothing to trade on absolutely. The claim is that "Air Pockets" are price points that were thinly traded and not many people are invested so there's nothing to "grab on to" if say the price is dropping. The theory is that not a lot of people bought the stock at that price so there's less chance of some transaction to occur (e.g. investor selling on the way down before a loss occurs for example). One issue with this theory is that the volume profile is specific to a time period. The "air gaps" and "point of control" of a volume profile for (say) a single day can be (and almost certainly will be) completely different for a time period of (say) 3 days. That same "air gap" that exists in a 1-day profile likely doesn't exist in a 3-day or 30-day profile. In other words it may have been thinly traded in the (arbitrarily) chosen time period but that doesn't necessarily mean a lot of people don't own it at that price band. And no matter what time frame you use - say 30 days, I can always pick a larger time frame that might cause those bands to be completely different. All the same is true for "Point Of Control" also. *"If you look at the Volume profile on NVDA for the past 30 days on any trading tool, you will find that the the stock spent most of the past 30 days inside this band - POC at 217.89"* True. But if you look at TTM the POC is \~$182; if you look at the last 20 days its \~$213. So which one do you chose? It also would seem to be very dependent on the history of the stock price. The TTM volume profile for NVDA is "absolute" in a sense - it has bounced between $140 and $240 for the first time in its existence for the TTM. However the TTM volume profile of BAC tells you nothing because it's low price of \~$43 in that period also happened in July '98! Any "Air Pocket" in the last day, week, month or year is meaningless as you made have had many investors owning it at that "Air Pocket" price point over the last 28 years. So if the stock has previously - and outside of your arbitrarily chosen time frame - been in the price range before, then volume profile doesn't tell you anything. For stocks unique in the price band for the (arbitrarily chosen) timeframe then it may not be useful because of the most obvious reason: investors sell stocks at all different price points for all different reasons - just because there's an "air pocket" doesn't mean there's less likelihood to sell. People intentionally sell stocks at a loss; people sell winning stocks because they need the money now; computers sell stocks going up or down based on quants that can be at any price; people sell stocks that are rising because they think they've found a different stock that will grow *even faster*! And people sell stocks on the way down (in an air gap) before they suffer a loss. The idea that that an "air gap" in purchase volume results in an "air gap" in selling volume is nonsense - people and algorithms sell their stocks at all prices for an infinite number of reasons...which is why the market is non-deterministic and chaotic. Lastly - the market naturally destroys any trading patterns (especially ones posted in public), because as soon as one develops and is exploited that very act of exploitation destroys it. If sellers expected their price to drop even further through an "air gap" and sell for less than they wanted, well then some would chose not to sell at all or wait, and then prices wouldn't fall through the "air gap" and it would cease to exist.

zxc123zxc123

This. I have my splits being S&P500 being the core and Russell 2000 for high beta. Then I have my stocks. I was offered in on the SpaceX IPO but chose not to participate. Not because it's risky, I hate Elon, or I believed SpaceX will fail. Nah, GOOG/GOOG just make up around 30-40% of my portfolio and that has a 5-8% stake in SPCX. Then I also have stakes in BAC. Plus GOOG/GOOGL/BAC are already in the S&P500 so I also have exposure via my index etf.

empty-bensen

Thanks for encouraging me to buy the dip on BAC Warren. They will never make me hate you.

J_da_CPA

Who got shook by BAC lmao

NotMe357

First it was BAC that's bearish on the market today and now Jim Cramer. This week looking good 👍

New-Length5593

BAC says 70% of bear market indicators have been triggered, CALLS.

zxc123zxc123

Well Nasdaq100 isn't getting nothing for it. SpaceX will list on Nasdaq rather than NYSE. Such an arrangement is to be expected during a Trump admin with a lot business quid-pro-quo already going on in Washington. Some in the ETF/LETF community swear by QQQ/TQQQ saying it's just the "better" version of VOO/SSO/PRO akin to how US investors say VOO is just superior "back tested performance" VT. I always felt I'm getting "enough" returns with the VOO and any extra I need I can get from margin, leverage, and/or options. Either way, not my problem since my CHAD-VOO/SSO/GOOG/GOOGL/BAC will be dumping SpaceX onto QQQ-virgins.

LyloMaggins83

Turning $7k in NVDA into $200K today. Also piled as much of my lowly paycheck that I could into BAC in 2009-2011 at $3-$11 per share and still hold today, collecting \~$6K/year in divvies.

zxc123zxc123

VOO/SSO/GOOG/GOOGL/BAC are some of my largest positions. I don't have QQQ since I'm already overweight tech. Instead I have leverage Russell2k. Etrade/MS offered me to join the SpaceX IPO but I didn't sign up. Already go indirect exposure long ago.

FartPolluter

They sold UNH and a ton of positions inc BAC, bought a homebuilder

Spac55

This week Berkshire invested $10 Billion in $GOOG for AI-expansion Berkshire total $GOOG holding~$26.6Bn It reminds by 2018,when $BRK.B push ~$36Bn stake in $AAPL Also $5Bn each stake in $BAC & $GS, when all worry for GFC $5B stake in $UNH Got $TMHC at $6.8Bn Watch $MU $AVGO possibly next

KissMyRichard

AAPL, BAC a few weeks out look good.

DisgrunltedDan

Bank of America (BAC) Tells Investors to ‘Take Profits’ as It Lowers S&P 500 Target

Reasonable_Society74

That's exactly the right test. What the comparison would need to show: if JPM, BAC, and WFC all showed breakdown-level scores in February 2023 alongside SVB, then the signal isn't discriminating - it's just picking up general banking sector stress. If SVB and Signature showed structural deterioration while the large banks stayed stable, that's a different story. Running that comparison — SVB/Signature/First Republic versus JPM/BAC/WFC through early 2023 — is the obvious next test. I'll run it and post the results. If JPM also showed breakdown in that window, I'll say so.

Present-Succotash790

YOLO. Moved a lot recently for BAC

jurassiclarktwo

Price can also be a factor. Any holding with a low price makes it necessary for a lot of shares to trade a high dollar amount. F has a market cap of 70 bn, and is likely in a number of indices. At a price of 17 it takes 6 shares to buy $100. Widely held positions with low prices likely have high volume by number of shares. They may also be popular, I don't know a ton about their prospects, but I remember seeing the same thing about BAC many years ago.

Training_Baker5454

BAC goes down. Call value goes down. BAC goes up. Call value goes down. BAC stays level. Call value goes down.

Cool_Ad_5101

Why?  I mean they are the two best. I’m around 52/48 in my ratio of those two and a little cresco for the hope they become one of the winners. I would hate to pick one and the other one runs.  When banks went to shite in 07-08 I bought a lot of BAC and some JPM and WFC. I am glad I did as I did waaay better on JPM and wells than BAC. Diversification even within a sector is a good thing. In hindsight I wish I did a more even distribution of my bank buys but C’est la vie.  Anyway, you do the strategy that works for you and pick the company that you are most comfortable with. I just wanted to point out that diversification isn’t a bad thing 

King_Chron

The fundamental conflict between marketing claims and biological reality forces a sharp divergence in how criminal courts and private corporations view cannabis breath technology. While companies like Cannabix Technologies pitch their devices as a definitive solution for recent use detection, federal and independent research has repeatedly verified that chronic users can harbor baseline THC concentrations in their breath that mimic active, recent intoxication. This lack of data separation creates entirely different sets of legal and functional realities for judges and corporate executives. In criminal law, a positive breath test from a device measuring a single snapshot of Delta9THC is currently scientifically indefensible due to a lack of baseline distinction and clear impairment metrics. Becausen Delta9THC is highly lipophilic (fat-soluble), daily or medical cannabis users continuously slowly bleed stored THC from fatty tissues back into their circulatory system and lung lining. A pilot study published in the [*Journal of Breath Research*](https://pmc.ncbi.nlm.nih.gov/articles/PMC10201171/) demonstrated that daily cannabis users frequently have active THC present in their breath aerosols despite verified abstinence of 12 to 24 hours. Furthermore, a joint study by the [National Institute of Standards and Technology (NIST)](https://www.nist.gov/news-events/news/2023/05/researchers-analyze-thc-breath-cannabis-smokers) and the University of Colorado Boulder confirmed that the quantitative amount of THC found in a regular user's breath *prior* to consuming cannabis on any given day can be virtually identical to the amount found in their breath *an hour after* active consumption. This led federal researchers to conclude in an official report summarized by [*Marijuana Moment*](https://www.marijuanamoment.net/federal-researchers-claim-first-ever-detection-of-cannabinoids-in-human-breath-after-use-of-marijuana-edibles/) that data does "not support the idea that detecting THC in breath as a single measurement could reliably indicate recent cannabis use." Additionally, unlike alcohol's linear relationship with Blood Alcohol Concentration (BAC), there is zero scientific consensus linking a specific picogram level of breath THC to motor or cognitive impairment, with a comprehensive review in [*Scientific Reports (Nature)*](https://www.nature.com/articles/s41598-021-02137-x) highlighting that no meaningful correlation has been established between impairment and Delta9THC levels in any tested matrix to date. Consequently, a defense attorney can easily introduce reasonable doubt by demonstrating that a positive breath test from a daily user reflects a sober, resting baseline rather than active, recent intoxication at the wheel. Conversely, for private employers managing safety-sensitive jobs like construction, manufacturing, and transport, the technical flaws that ruin a courtroom case are treated as an acceptable risk margin. Employers primarily look to filter out the weekend or occasional consumer, knowing that if an occasional user smokes on a Friday night, their breath clears completely by Saturday morning; a positive test on Monday morning thus provides a reasonable deduction of weekday impairment. While companies accept that this technology unfairly catches chronic or medical users who are not actively impaired, corporate risk management views a "false positive" on a sober but frequent user as a safe compliance buffer. Unlike criminal prosecutors who must prove impairment "beyond a reasonable doubt," employers rely on at-will employment and collective bargaining agreements to enforce internal policies. As outlined in [Cannabix Technologies' own regulatory disclosures](https://cannabixtechnologies.com/site/assets/files/6587/2024_md_a_cannabix_-_final.pdf), companies utilize these tests simply to establish compliance with arbitrary "zero-tolerance" or "clear-headed duty" workplace rules, granting administrative justification to terminate or suspend an employee and shielding the business from workplace liability insurance spikes.

FuckleUp

JPM BAC calls easy $ tomorrow

MitchCurry

Some remedial math indicates SpaceX would be \~2-4% of BAC's MC if SpaceX is at $1.75T MC.

Much_Candle_942

How much SpaceX does BAC hold? It's a very low IV way to indirectly hold SpaceX, I think 

Neccesary

There’s been talks about it for a while but this is the first time they’ve filed for it last week. I think regardless of whether it happens or not BAC should pump leading up to it. I will most likely sell before it actually IPO’s

D3AtHpAcIt0

That’s a funny allocation, good contender for the annual VTI award of miniature holdings. I got a similar one, one singular share of BAC that I bought when I first made my brokerage account. The 30 cent dividends are nice at least

creepy-farter

I bought BAC when it was $4.00. Back in 08. I figured it was “too big to fail” and would rebound when the rest of the banks did. I also bough BA years ago at $41 a share. Figured it’s a duopoly. Nowhere to go but up.

zxc123zxc123

I know an accredited investor who has multiple 7figs. They don't have allocations to those either outside of their VOO/SSO/GOOG/BAC/MSFT shares. Easiest way to get exposure is via GOOG/BAC (SpaceX), MSFT/AMZN/NVDA/9984 (OpenAI), and CRM/ZM (Anthropic). Then if you own VOO/SSO/UPRO or QQQs which owns many of these companies then you'll have some indirect exposure to these companies by proxy as well. Alternatively there are a few etfs that let you get exposure by proxy too.

Neccesary

JP Morgan and Bank of America are the largest private holders of space x currently… I’ve loaded up on calls for BAC

Cav829

Finance has 3 things working against it right now: 1) fear of who is exposed to the private credit ticking timebomb 2) lack of any real moat for FinTech and 3) the fact finance is quite possibly the worst performing sector in any extended bear market. If you bought at the height of the .com era, even a quality bank like JP Morgan didn't return your money for 15 years. If you're going into finance stocks right now IMO, you have to be convinced everyone is very wrong that we're in a late market cycle, or it's just not worth the risk. Just my two cents. Like if you look at Berkshire, they have been dumping their BAC stock pretty heavily. They actually dropped it from their "hold forever" list.

greenpride32

If you look at chart for BAC (not a CBRS IPO underwriter) you will see their chart looks the same. It was just a dip in the financial sector market, followed by a recovery. Also over allotments option is fairly common in any IPO. The underwriters don't keep the shares, they go to IPO particpants/buyers. The underwriters make money from the IPO by taking a percentage of the proceeds. Not every IPO goes up in value even on the first day. But the underwriter still did their work and would get paid in any case. They profit by getting the IPO offering price higher, not the aftermarket.

Training_Baker5454

Did the CEO of BAC just get murdered?

Dihydrogen-monoxyde

Wanna join my club? Everytime I am looking at $SNDK, $MU $AMD, $INTC, $NVDA $AAPL I am nauseous. Good new, I am still holding $BAC since 2011....

Keiigo

BAC is such a dog stock

Naive_Bat8216

I had 5000 shares at 20 and sold. I also had about 10k shares of BAC back in 2008 when it was 5 bucks. I also had 3000 shares of marvel at 80 per share and sold. I'd be a millionaire if I didn't sell so much. 

Schmergenheimer

The way you phrased your question and other comment tells me that Etrade is saving you from yourself. Naked shorting a stock offers a fixed potential return but unlimited potential loss. On something like DAL, BAC, or MO that are very established companies, the likelihood that they go up by 50% in a couple of days is very low. On a penny stock, it's much more likely. When it does happen, if you don't have enough cash or other marginable securities, you'll be subject to a margin call, and the amount could be a lot. When shorting a stock with a higher price, you could short it hoping it drops 5% and still make a decent amount of money. With a penny stock, it might have to lose 50% of its value to get the same dollar per share return. That said, with a penny stock, you could see that kind of swing (in or against your favor) from a Facebook post, which isn't something you'd see on more established stocks. There's also the fact that Etrade has to find shares for you to short. This means they need a customer who has a long position and has signed a lending agreement. Etrade needs to pay them the going interest rate for the stock, which can be 30% or 60% on a penny stock (compared with 2% on something like SPY). You'll be paying that interest. You'll also be responsible for covering any dividends that happen while your short position is open. If Etrade has no customers who are long the shares, the can't let you short them. The reality for most retail traders is that naked shorting is too much risk with too little reward. Unless you have non-public information to trade on, your ability to time a short properly is going to be overshadowed by all of the institutions doing the same. Your best way to bet on a stock going down is to buy puts.

AuthorAdamOConnell

No, for a tech company it's dog shit. Tech companies get higher P/E multiples because you're pricing in rapid growth. It's why BAC makes a $100B in revenue and yet only is priced at a P/E of about 13 - it's YoY is 8%. When you buy shares in BB you're effectively paying over the odds for a typical bank stock, but a really shitty bank with terrible margins which has managed to lose about $1B over the last five years.

Schmergenheimer

Needless to say I was pretty happy with my decision to use that one to pay bills rather than my BAC or FXAIX

zxc123zxc123

Should have just gone with solid financials like BLK/AXP/BAC. But at least it's not full regarded like MSTR/PYPL/dogecoin

Resident_Window_9369

lol hilarious commentary. Depends what causes the crash which will dictate whether it will be a V shape or not. And budgets stash isn’t going to bail you out. They will patient wait for very well known companies that over extended themselves and got into trouble to deploy cash too. Could be united health if they crash under 50 bucks. In the 2008 crash buffet bought BAC at around 2 dollars per share and just sold his shares last year from then. He didn’t bail out any of my oil stocks at the time. We are no where near a top. In 1929 just as a comparison the Dow went 6x. We aren’t even at 2.5 times. Just to give perspective. We got a long way to go. As far as Ai is concerned, sure companies are making money. But the real litmus test will be how much when the spending stops. What will the ROI be at that point and if it’s not in line with the expectations for damn near absolute perfection look out! Cause that is what is being priced in here. Beyond perfection. Quarter over quarter over years of absolute no misses everything goes more than perfect. No doubt there will be a crash when the reality hits. No one knows when though.

Technical-Emu-32

What's with the BAC pump AH?

Training_Baker5454

I need someone to fill port NFLX and BAC puts.

vapingpigeon94

Yea I’m on a similar boat.’ But with 50k and possibly 65k in about 2 months. Been eyeing BAC/VZ for 30 dte CSP. I figure if I sell CSP I collect the premium while my money plus premium sit in MM account.

fire_alarmist

Boots on ground, China DeepSeek v4 gunna ruin semis, BAC private credit crisis going to cause financial system contagion, Buttcorn will be the first asset to go to 0 during the contagion, AI debt circle unravels and oracle defaults on their bonds and goes bankrupt. All of this happens on Monday over the weekend. Are you guys positioned correctly?

FitSky6277

It's at the bottom of the comment you just replied to. Bank of America (BAC) and Schwab large cap growth EFT have been my top performers.

FitSky6277

I'm not a day trader. I bought a week and a half ago when everyone said multiple high value calls were placed in oil hours before the strike on iran and everyone was saying trump was manipulating the market. The indexes were low af so I bought. Now I'm up. If he's shorting oil, I should probably continue to hold. BAC has reflected the exact opposite as oil so that one has been a real winner for what im doing along with schwab large cap growth EFT.

FitSky6277

I dont sell day to day. I'm not a day trader. I bought a week and a half ago when everyone said multiple high value calls were placed in oil hours before the strike on iran and everyone was saying trump was manipulating the market. The indexes were low af so I bought. Now I'm up. If he's shorting oil, I should probably continue to hold. BAC has reflected the exact opposite as oil so that one has been a real winner a long with schwab EFTs.

Groucho-and-Harpo

I think it’s easier to look at stocks or sectors individually as opposed to the market as a whole. Healthcare stocks especially PFE and BMY are like a hummer driving through the snow. They are on bullish tracks and generally they don’t follow the day to day market trend closely. Bank stocks are the opposite. They’re the dogs wagging the market’s tail. BAC and JPM have hit both lower highs and lower lows since they peaked end of 2025. The might continue this way or do a flagpole pattern and shoot back up.

owner-of-the-boner

I sold a 51.5 call to someone for BAC that finished in the money. Why do I still have my shares?

fire_alarmist

You are right but not in the way you think. BAC is the number one bank getting quietly bailed out of their private credit liqudity crisis by the Fed and is the biggest prop job in modern stock market history.

No_Zookeepergame_27

BAC reported good earnings up 1% yesterday. Today giving all back. Most heavily manipulated stock.

Training_Baker5454

BAC is profitable and doing great! Hurry everyone sell the news!

Training_Baker5454

BAC saw its shadow this morning.

I_pop_Jardiance

If ASML, Morgan Stanley, BAC beat earnings in am...spy might hit 710 eod.

Reaper_is-here

BAC moving 2 points tomorrow

bdh2067

A lot of the bigger banks DO have exposure to private credit. I don’t know about BAC but we’ll probly hear some chatter about it from WF and Citi. Or at least some questions even if they won’t fess to it.

Puzzleheaded-Pain657

Albertsons Puts - Food industry in it’s entirety is sideways J&J Puts - BAC Calls - any bank not impacted by the private credit deal especially GS (I don’t have the $ to buy calls or I would) will see an uptick. Progressive insiders took a massive dump probably bad news coming up Idk 🤷🏻‍♂️ my guess is these will all go opposite of what I jus said 😅

King_Chron

The comparison between alcohol and THC breathalyzers is fundamentally flawed because alcohol has a globally accepted, scientifically linear relationship between breath concentration and brain impairment that has been vetted by decades of independent research. While you are correct that a 0.08 BAC is a legal "per se" limit regardless of how "drunk" a driver feels, that limit exists because thousands of studies from non-biased government bodies have proven that 0.08 consistently degrades motor skills. In contrast, this 2026 study was conducted by the very people who own millions of shares in the company, creating a massive conflict of interest that wouldn't hold up under intense legal scrutiny. We aren't just talking about "feeling" high; we are talking about the fact that no independent body like NIST or the DOT has yet agreed on what level of breath THC actually constitutes a danger to public safety. Furthermore, the "recency" argument falls apart in a courtroom if the technology hasn't been validated by a neutral third party. Even the inventors admit in their own legal disclosures that there is "no assurance" this tech will be accepted as a forensic standard. Unlike an alcohol breathalyzer, which is a finalized tool, this device is still a proprietary product being validated by its own creators to boost stock value. Until an independent lab without a financial stake in the outcome can replicate these results and a legal standard is set by the legislature, detecting "recent use" is just a chemistry experiment, not a "bulletproof" reason for a DUI arrest. Identifying a molecule is easy, but proving that molecule makes a driver a hazard is a leap the scientific community hasn't made yet.

AyumiHikaru

>Every single stock he trimmed => AAPL, AMZN, BAC are all down as of today's date. So what ? Buffet sold almost half of AAPL under 200$. Which has been better performance since then, BRK or AAPL ? LOL

HeyYoChill

Did the government take a stake in META when it was down 60%? Did the government take a stake in DAL when it was down 50%? Did the government take a stake in NFLX when it was down around 70%? Did the government take a stake in BAC when it was down around 50%? My point is there are always reasons. If you want to buy low and sell high, you gotta do the buy low part.

glutathionegod

BAC gotta be 0.4

choopie-chup-chup

Funny to see BAC down 11%. My blood alcohol level was way up that day

Scared-Signature-452

Just an aside, after the 2008 financial crisis, BAC was at 5 dollars when my dad bought a few hundred. Helped pay for my mom's house.

hroaks

You might make some money on BAC but it's a ridiculous exaggeration to say currently or anytime in the past this was the best opportunity of all time

FINRAdude766

If you want a somewhat safe dividen paying stock, sure. BAC probably isn't a bad pick.  But BAC is a relatively conservative finacial institution. They don't attempt to have nearly the same growth as their other competitors. Just look at JPM.  What about BAC's growth plan do you like? Are they entering or expanding into any big new markets or products?  Thinking this is the "Best all time opportunity stocks ever"  is just confusing.. 

NolaJoe_CrayonLife

BAC just settled a lawsuit that probably should have cost them more and they seem undervalued compared to the way JPM has gone up… and there is bullish call activity… BAC “probably” isn’t going to have a bank run if something like that regional bank bs happens again… buy under 50 with a stop below 45/46 seems safe enough

Background_End7007

Covered calls stocks I own cheap are only played in my IRA accounts due to capital gains tax. I own a significant amount of BAC in most of my accounts in single digits In taxable account to get to OTM positions not much premium. I sell monthly for pennies sometimes

FitSky6277

I started with BAC when it was $35 last April. Sat on it and didn't buy or sell until I bought more last week and bought some EFTs this afternoon. So, for now, im still in the green.

ArnoldisKing

BAC price go book is 1.2 and wells is 1.44....so much cheaper?

Commercial-District1

I bought BAC calls like two months ago, what the actual F was I doing??

Ill-Panic-4533

I bought BAC stock for $6 a share in 2011…..the point is if you buy the companies fundamentals (learn to read and digest earnings reports) and believe in the thesis of they are a good company with good direction you’ll be solid in the long term. If you believe in MSFT, you would be insane to not be DAC’ing in right now.

dansdansy

BAC says rate hikes aren't out of the realm of possibility this year. Tech valuations are assuming multiple cuts.

gyalisandino

Did you check the big banks such as JPM, Citi, BAC, etc? If you did, you'd see they all report it the same way and aggregate realized and unrealized gains/losses in one column, which is the equivalent of SoFi's impact on earnings column.

jazzgrackle

I put money in a company that claims their product significantly reduces BAC levels. Can’t wait until someone runs over a child, and the company gets sued into bankruptcy.

civillyRange

Why do all major bank charts look like this? BAC JPM MS Very strange https://preview.redd.it/ff4essd3c3qg1.jpeg?width=1080&format=pjpg&auto=webp&s=c26522aeb3ce276bd60f840ac6e37af10880e42c

teamyg

Banking sector is the most under-valued with PE about 15, some tickers to be considered GS, JPM, BAC and WFC. You want to stay with big banks, try to avoid fintech since they're exposed to private credit.

IDrinkSulfuricAcid

Why would banks be a good long play in that case? Banks are always some of the first to get dumped in a bear market. Check the chart of BAC, JPM, BK, etc. during 2022.

Ninja_Wrangler

Just like his BAC

insertnamehere-----

I was holding Bank of America stock a while ago until I saw a statement from the CEO saying that they were financing Roblox because it was “the future of entertainment”. Sold that shit immediately, both BAC and Roblox has been on the down since.

buppiejc

BAC, WFC, and the State Street indexes (XLF, XLI, XLE, etc.) can work for your small account too, and at $150 you already have enough to buy BAC, and WFC contracts a few weeks out.

Fauster

I think we are pretty screwed. I usually have 5% long puts and bear spreads but I am creeping up to 10%. My barbell is evil; oil and fertilizer companies. I think some of the shippers will make bank with higher fees, but they aren't trading like that now. There is a bid for fertilizer stocks. We will have 20% less fuel and fertilizer until this ends. For me, this means OILK, NTR, VLO, CF. Hopefully I won't have to own these for long and they will tank overnight when the war ends. Why things are bad: This talk about missiles and drone launches happening infrequently are one thing. However, Iran has artillery. Lots of it. They can fire mobile artillery in the mountains, move and hide, do it again. This doesn't give the precession to hit a ship you can't see, but Iran can carpet bomb the narrowest choke point of the SoH. While the Trump WH is saying they will escort ships, many, many, many ships have allegedly asked for escorts and have been refused for a reason. That's because they run the risk of artillery shots getting lucky. I don't know that an escort will play out this way, I don't have a military background, but this is my base case. This is a modern war that is most like the war between Russia an Ukraine. Think lots of trenches, new secret holes being bulldozed out of mountains in undergorund missile cities with infrequent drone and LR missle attacks. I think boots on the ground is probably what it takes to prevent Iran's capability of raining down projectiles. But, still net long, though carrying cash and shorts. Jamie D's comment on BAC the other day means I'll probably take out super long duration bear spreads on them the other day. He knew that banks had a private capital problem and he hinted at it without saying something that could get him sued. Jamie D warned us about private capital in his particular way that prevents him from being sued, and he just did that with BAC. It is clear that Trump is TACOing and laying blame on Rubio and Hegseth and Hegseth will probably be the next to go, thank God. But, it takes two to TACO. Assassinations and decapitation strikes are illegal under US law. Only congress can declare war under US law. Assassinating the entire leadership of a country is certainly a declaration of war, full stop. The decapitation strike **could not have gone worse.** The father and wife and other family members of the new Ayatollah were assassinated and he survived with injuries. He is described as being more religious than his father. Can you imagine a Catholic being described as more religious than the pope? That's how bad a short straw we drew. The IRGC is its own independent organization that will only go along with the Supreme leader if they choose violence, all three parties, the clerics, the army, and the IRGC (40% of Iran's economy is IRGC jobs) are aligned. They can do massive economic damage. THey can curtail oil production. This world still runs on oil. Hopefully, I'm wrong, and then I'll take a day or two of steep losses with my hedges and then it is back to groundhog day, MU, EWY, are still my favorite stocks. I will overweight before earnings. I don't think the market really understands the battlefield. I don't think the market really understands Iran. I think people are overconvident, but I will be long and hedged all they way down to the bottom. They, hopefully, I will only be straight long, no barbell, no chaser. This is a high-risk regime though. It is more important to hold onto money you made then to make money when the bears are out. But don't go full Forest Gump and sell everything.

IntergalacticBurn

I'd advise against discretionaries at this time. It's just not the regime. That's for when the market is quiet and peaceful. People are hella conservative when market conditions aren't so great. Would advise going with the midcaps as opposed to the Russell. So something like IJH instead. RSPT and SMH aren't bad either right now, if you still believe in the AI infra trade. FWIW, I have existing positions in AXP/BLK/MSFT, albeit underwater. They're just holds for me. I've tried some bank stocks like BAC as well, but they haven't been so great. I might just give up on them after the umpteenth time of trying to play them. YMMV.

zxc123zxc123

Thanks for the detailed game plan. But why me? I've been selling cash covered puts and sipping some of the dip. AXP, BLK, and MSFT. Thinking about LVMUY/BAC/IWM too. Tried to sell SVXY puts but no one bit.

InquisitorCOC

I think the biggest reason was **the leverage**: - After the end of the Cold War, a massive sense of exuberance hit American households, as they [emptied their back savings and piled into financial assets](https://fred.stlouisfed.org/graph/?g=1Tfcz). This chart is Household Liquid Asset (checking, saving, MMF) minus Household Total Debt (mortgage, cc, auto, student loans) divided by Disposable Personal Income. You can see this balance reached the most negative in 2007 - Financial institutions reached extreme leverage. For example Goldman Sachs' asset to equity ratio was about 30 in 2007, vs 14 today. European banks like Barclay's, CS, DB, and RBS went even crazier. Iceland's entire banking system completely collapsed in 2008 - Absolute madness in the $11 trillion mortgage market back then. Here's a personal example: one guy bought a townhouse for $460k in Feb 2007 from BAC with the following term: 105%, interest-only, and negative amortization. The housing market already peaked by that time and prices began coming down, so this guy **didn't make a single payment**, but paid all his utilities on time and kept the house in pristine conditions. It took until 2009 for BAC to have him finally evicted. We bought this property in early 2011 for $160k in cash Since then, QE has created a huge cash reserves for financial institutions in both US and Europe. Fiscal stimulus during the COVID added [several more trillion liquid assets](https://fred.stlouisfed.org/graph/?g=1TfgD) to the Household balance sheet. With so money (liquidity) in the system, dips were bought and inflation (debasement) is now the main concern

Jpowwowshamwow

Im in JPM and BAC

optimizeOptions

Let's take INTC. Left hand side graph: You see different INTC contracts on a line indicating out of the selected tickers, currently INTC provides the best return/risk ratio. Right hand side: I have a cash collateral of 20k and want to find the contracts which in combination give me the best risk/return. Naturally one would expect to see portfolios only consisting of INTC since this is what we found on the left side. But since I set min. Underlyings = 2 to not put all eggs in one basket the result at bottm right tells us that the best risk/return portfolio accoring to my preferences consists of 2 INTC contracts and 2 BAC contracts. Does this answer the question?

fire_alarmist

My comment was based on me holding a big BAC 48.5 P position and ASML 1305 P Position from yesterday, that expires today and being forced to sell for not as much as I should have got after all this theta cuckoldry when it really should have just kept going. My vix puts that I bought to try to hedge were useless and didnt appreciate at all, and the whole thing is just gay and fake.

Odd_Helicopter_7545

BAC 16 years

safetythrowaway7263

So they bought the debt ? I’m confused can someone explain put up equity and BAC is bringing the debt

WolfTrap2010

Have you considered preferred stocks? BAC-B seems solid and gives you 6%. There are others.

vxxn

Also lower BAC

carl_1

Today’s move in banks has nothing to do with BAC’s fines or credit card rate caps and everything to do with MFS’ issues reigniting private credit concerns

Specific-Chemist-353

Beware of the dead cat bounce BAC.

Training_Baker5454

BAC killed earnings and everything was looking great then it started just steady selling off every day.

KissMyRichard

Thanks for the downvotes when I posted BAC Puts a few weeks back.

paranoidspectator

I believe he means companies like Coca Cola (KO), GE aerospace, BALL, and banking industry like BAC

fire_alarmist

So which bank do you guys think is going to collapse first today after Nvidia earnings? My money is on BAC. Probably before the earnings call is even over tbh.

Flimsy-Ad-858

Jarvis, raise my BAC by 0.10% and locate my car keys

Swearwolfofwallst

Most banks also have absurd retail costs and scope. SoFi as a platform is more flexible and evolving; it's a better, more efficient profit generator. It's gaining customers at a good pace, but it's lacking the mass adoption/industry shift an investor would hope for; the stickiness of banks with linked products, easy "auto pay" items disincentivize leaving whether for another traditional B&M or a financial platform like SoFi. It seems like Sofi would be a great target for either a legacy bank who sucks (there are plenty who have no "cool" - Wells Fargo, BAC, US Bank) who other than intertia will have no customers in 25 years because their boomer base will be dead. Robinhood and Sofi seem like they're swimming ever closer in lanes though RH has had a lot more appreciation and success as it helped drive/open a new market with predictions and shareholders were rewarded for htat. Sofi hasn't broken into a new market yet but has improved old ones. It's leading in Crypto in some ways but not exactly the ship you want to captain at the moment, probably hasn't helped its valuation as it did a lot to try to build that out as a selling point of their platform. If SoFi is awarded government student loan program admin or gets a takeover bid that's the only catalyst I can see for short term positive correction, otherwise it'll just have to keep delivering strong quarterly results as it has been and the poof in the pudding will just take another 5 years. Sigh.

Specific-Chemist-353

I want my money BAC.

_hiddenscout

Berkshire Hathaway Q4 2025 13F: Slashed $AMZN -77% (\~$1.7B sold), trimmed $BAC -9% (50.8M shares), new $NYT position ($352M), added $CB +9%, $CVX +7%, $DPZ +12%.