BAC

TopTierMids

Same, but with Ford. Not as yeeted as BAC but in two or so years it'd have been a 600% gain.

Difficult-Carpet-324

Buffet bought tons of BAC after the recession. All you had to do was follow his trades.

Connect-Silver-5982

It was not a dumb trade, it was an investment. He made the investment for the right reason, at the right time. The same time Munger put 50% of his money into BAC. Was Mungers also just dumb luck? Maybe you should learn from your friend.

Far-Salamander-5675

I remember being a kid in 08’ and thinking how I would invest in BAC if I had money (poor family) because I thought the same. Bank Of America is going nowhere. Glad to see someone did lol

Leody

I had a HS friend go all in with his life savings into BAC because... it's Bank of AMERICA, there's no way they'd let that fail... He wasn't the sharpest knife in the drawer, but he had tons of money because he was single and spent 6 years on a submarine. He hasn't worked a day since like 2010. He rides his adventure bike around SE Asia and the Western US and blogs about it. He also spent a couple of years driving around to remote villages delivering laptops with encyclopedias loaded on them. Super chill dude, but man you want to talk about dumb luck. Glad it happened for him though. He's done good with his wealth.

No_Zookeepergame_27

BAC is so manipulated. Drop 2% yesterday on a no-news investor day and now up 2%.

FuckleUp

BAC shots 🍆 💦 🍑

truautorepair000

You need to look at something like BAC or F. The amzn swing is very volatile like tsla. Just one word from the bezos or Musk and the price can get your shares called away

Xzlk

Buffet dumping BAC?

PajamaBoyz

https://preview.redd.it/70s57sathbzf1.png?width=1344&format=png&auto=webp&s=7b196c27130b3ec5023dab519af948a85b37f005 34% drawdown on this specific set for 670s is roughly $5k in size. Keep in mind these trades pictured are only for SPY & Qs. I am also short a few other names like NVDA, SMH, AMZN, AAPL, BAC, JNJ, etc...

justsquanchythings

BAC volume 11/21

JRAP555

Jim Cramer recommended $BAC. This is just the market pricing in a total collapse of the banking system.

zxc123zxc123

Everybody predicts it (talk), but Burry actually put his money behind one and won. That said, I don't think watching Burry is productive as he truly is smarter than most, moves too fast to mirror/inverse, trades in a way with capital that retail can't mimic, and is too off smart AND spectrum for most to hope to comprehend the mechations under his skull. I find mirroring or inversing Berkshire is a more profitable endeavor. I mirror them for things I like with hopes that they have done the homework for me: BAC/AXP. Meanwhile I've bought what they sold at times because they are too big to hold or can't hold. Like when they sold DAL during the pandemic lows (likely because there was a conflict with DAL receiving government handouts while Buffett had so much cash laying around).

Reuters-no-bias-lol

BAC announces partnership with OpenAI to replace your money with pretty pictures on paper. Wait…

sdanielsmith

Not if you're really after the dividend. I just keep buying. What do I care if KO or BAC falls 25%? Neither are going anywhere and I just keep putting my money into them. Honestly, it's why I'm a bear overall. I want the market to tank so I can get more dividend shares at a better price. Yes, my overall portfolio will "look" bad, but the money I get each qtr will keep coming in, and for my retirement planning, that's what I'm after.

Swearwolfofwallst

I bought a 19, and 15 and rode it down, had no confidence when it was mid singles even though I understand the stock and company are really solid, my fault. Could have made so much more but at least I didn't paperhands it. Hopefully not another strong earnings followed by dump! would love to see some actual conviction and life in this stock. They need like a hostile takeover bid from one of the geriatric big boys, WFC or CITI or BAC

teamfupa

Hey the guy is probably a few handles in since last Friday words don’t come easy when your BAC looks like BYND current price.

SqurrrlMarch

get what's called a paper trading account first. practice with 5-10k value in that and see how you do this is fake money and it will allow you to make mistakes and learn how your own psychology works when you see red vs green in your portfolio. Use this for a few months as you go through picking and choosing stocks. Your own psychology is the biggest thing you need to learn and to control. It ain't easy. We all still get caught up in our heads sometimes regardless of facts. Again, get a paper trading account and practice first. Learn to emotionally regulate yourself during losses and profits. Then you can start getting into the technicals. Pick 3 - 4 stocks today to just watch and learn how they move - in the last 3 months and the next two months. Maybe ones like NVDA, BAC, BYND, and whatever penny ticker you want to pick in this subreddit. Don't buy them. Just look at the company, price movement, volume weighted average price, upper band/lower band trend lines, and think about when you would buy or sell. Those 4 are good examples of various aspects of the market. Paper trading first before you lose 7k in a month. And you will lose money. That's the nature of the game. No one ever hits home runs 100% of the time. If you don't know anything about stocks and trading, stay the fuck away from options (warrants in the EU) until you've been trading for at least a year and then study strategies before you mess with them. No such thing as easy fast money. No matter what they say.

cosmicyellow

The question should be why is Netflix still worth 500b after the haircut. Just ten years ago, AAPL was worth 400b, Airbus was 50b, COST was 150b, MSFT was 400b, BAC was 100b. Today's valuations are insane and detached from reality. Palantir has bigger market cap than companies like Costco, AbbVie, HomeDepot, AMD, United Health, Chevron, China Construction Bank, Nestle, Toyota and Coca Cola. Insane.

AntoniaFauci

Yes, one high risk moon shot, based on a few elements converging: 1) MS and BAC just reported breathtaking income from the M&A explosion and the same from related investment banking. 2) Mountains of evidence small and midsize banking is doing even better. 3) Disgraced small and midsize financial player B Riley is down 90% from previous highs but could be poised for a huge re-pricing event. 4) Insiders have been blocked from transacting RILY shares for over a year. 5) New CFO and new investors have numerous incentives tied to the stock price more than doubling in the near future. RILY sold off from $85 to $3 after getting burned by some toxic assets, aided by some particularly egregious shorts. They’ve apparently (?) managed to stave off bankruptcy, but most don’t know that since they don’t follow the sector. RILY is currently appealing their imminent delisting from Nasdaq. A positive resolution of all these issues is potentially imminent. Market watcher will recognize that emerging from assumed bankruptcy can really move the share price. Now add the fact that RILYs Q3 has been shrouded in mystery. But anyone who follows them closely knows they are one of very few strong players in the small/mid market, and have landed a stream of noteworthy deals. There is a chance they could have major upside surprise if and when they do finally report Q3. That means that what COULD happen is the emerging-from-Bankruptcy story meets the blowout-Q3 story meets the RILY-is-quietly-dominating-the-small/mid-market story meets a tsunami-of-insider-buying story. This would be the proverbial mother all of squeezes. Steel-man: it’s also possible one or more of these factors doesn’t play out, or even if they do, the market doesn’t care. It’s possible Riley returns to bungling. But in terms of a banking situation that can double or triple, this is it. My sensible money is in things like BAC and C, but neither of those has the same potential to 2x, 3x, 5x like RILY could. Any of the above (especially RILY) could go 0.5x though.

AggieDem

They popped on earnings so this could just be profit-taking. That said, it looks like BAC is trading at where it was before earnings, so idk.

No_Zookeepergame_27

BAC went up on great earnings yesterday. It’s giving all back on no news.

Busy-Estimate-2160

BAC had nice beat, big setup for next quarter

AntoniaFauci

Not the sexy minerals, metals, spaceships, quantum, AI trades, but MS and BAC just laid down some seriously strong earnings.

Uisce-beatha

Been calls all week on WFC, WMT, BAC, AMD and GOOG but I think I want to buy puts now. Problem is SPY IV is fucking 34% right now

sdanielsmith

Going to squeeze everything I can out of my BAC call. Tidy little profit this morning post earnings.

itsnotshade

BAC, IWM, and DIS absolutely saved me today when I had loaded up on qqq calls at close yesterday.

Portlog11

While GOOG may experience a steeper draw down, it will certainly recover and outpace BAC and KO eventually.

Gahvynn

The thing about bagholding is nobody likes to say they’re holding bags of shit. Commercial real estate? Theyve all realized they’re holding dog shit filled bags but they’ve also realized they can just not sell buildings for what they’re actually worth because nobody wants to write anything down. Plenty of debt issuers know it’s completely unsustainable but admitting as much would be like dropping a grenade in a fireworks factory. Once they’ve unloaded the debt off their balance sheets and are positioned for it then expect the big banks (JPM, BAC) to announce there’s an emergency and things will grind to a halt.

Traditional_Ad_2348

He’s never made a similar move though. In fact, he sold TSM in 2023 even though the company is a monopoly and diversified its risks by establishing fabs in the U.S. He thought OXY was going to be some amazing play. What an absolute waste. His recent purchase of UNH is classic safe Buffett. TBD if that bet pays off long term. Meanwhile, there are quickly growing new sectors evolving in space, AI, quantum computing, and nuclear energy. He has 0 exposure. Citigroup has proven to be a smart buy, but he held onto it for years while it did nothing and watched NVDA skyrocket. BAC was a failed investment too. The only tech growth stock in his portfolio is AAPL, but he reduced his exposure by 50%. Smart move when he executed it, but now the stock is higher than his selling price and I doubt UNH will outpace the growth of AAPL and will certainly never have similar margins. So let’s see, what else has Buffett recently bought. Lennar? Classic Buffett play. Low p/e but decreasing margins in an environment not conducive to growth. Say what you want about shortage of housing but that story has run its course. As unemployment rises, people will be forced to sell their homes at discount. Homes that are in already established communities with good schools and amenities will be put on the market in droves. Lower rates will not be an advantage to new home builders who have relied on their rate buy down power to lure new buyers who would otherwise wish to purchase a higher quality home not built with cheap materials and labor. My point is, Buffett plays a safe style of investing because it’s within his best interests. If he is wrong, which he is a lot, then his losses will be mitigated by low valuations and dividends. That’s a recipe for wealth perseverance, not wealth accumulation.

East_Medicine_3930

It’s a drink that reduces your BAC. They sell it at BevMo and other big liquor store chains.

AdSuspicious8005

What extended downside.... It's near ATH. Similar PE to BAC

Thebaxxxx

Remain calm and buy BAC stock 😌 heres some tylenol 💊

_galaga_

Wegman’s if they were public. Atomic Coffee Roasters if they were public, too (New England area roaster). AMZN, AAPL, GOOG, Kimberly-Clark (shout out to my favorite TP), Colgate-Palmolive, BAC, Schwab, I’ll also lie and say Ferrari (RACE) but that’s just because I like the symbol.

ColoDIVY

I bought HOOD at $8. It hit $16, I was feeling good. Then $20, $30, $40… I sold half at $80, I mean it can’t keep going up, right? I put it into a bond fund paying 6%, my yield using my original investment is umm…. checks calculator…. 60% annually. Now it’s ~$125. Yeah at some point it stops making sense. I am thinking about selling the rest. I am developing this overwhelming feeling that something’s gotta give. I got into the market 2008. I bought Ford at $4 and BAC at $8 during the great recession been collecting dividends ever since. Does anyone else feel as though we are due for a serious correction? I’ve been raising cash just in case.

ColoDIVY

I bought HOOD at $8. It hit $16, I was feeling good. The $20, $30, $40… I sold half at $80. Put it a bond fund paying 6%, my yield using my original investment is umm…. check calculator…. 60% annually. Now it’s ~$125. Yeah at some point it stops making sense. I am thinking about selling the rest. I am developing this overwhelming feeling that something’s gotta give. I bought Ford at $4 and BAC at $8 during the great recession been collecting dividends ever since. I’m up ~ 100% over the last 3 years. Does anyone else feel as though we are due for a serious correction? I’ve been raising cash just in case.

Thebaxxxx

Sure but BAC earned me about a 10th of that YOY and if i sold id be at about that in gains. But like, i dont want to sell. I want to retire on interest haha

Ready2gambleboomer

*BAC dividends? Dad?*

Thebaxxxx

TSLA doesnt even pay dividend so whats the point of holding? My BAC holdings of just 80k worth pay the utility bill every month in dividends lol. Do people just use TSLA as a way to force losses through bad shorts?

dj_samuelitobx

My play about buying LEAPS on BAC and SOFI is already printing. If you didnt bother to check, that's on you

Heyhayheigh

It is easy to use. But so is Fidelity with a linked Bank of America account. You get preferred rewards benefits from banking with BAC, that’s something. If you don’t know anything, Fidelity is probably better because you can just buy dollar amounts of VOO (sp500).

Ecstatic_Ad_5121

I put in 40 puts of BAC $52 because I prayed and I got mad as hell at banks. 

Due-History-7139

why BAC?

dj_samuelitobx

wait for a dump, buy SOFI and BAC leaps

_jasmin17

i like JPM! it’s up +27% YTD compared to SPY up +12%. it’s the only one of the global systemically important banks thats outperformed SPY since the financial crisis, it has a 10 year CAGR of 20% compared to SPY’s 15%. the two next biggest banks, BAC and C, have 10 year CAGRs of 14% and 10% respectively. out of financial stocks, JPM is by far the golden standard.

Disastrous_You_5664

They issue guidelines for mortgage debt for banks to lend, and buy loans funded by banks like Wells and BAC, then bundle the loans and sell them to investors. Basically if you hear the term 'conforming loan' it's either from Fannie Mae FNMA or Freddie Mac FMCC. They have been in a conservatorship since 2008, and are about to be 'released' Way more info available than the snippet I provided. It's worth a read.

grackychan

Release from conservatorship and uplisting to public exchange (NYSE). Trump summoned BAC, JPM, C, WFC and GS CEOs in August to the White House to hear their plans to underwrite an IPO for Fannie and Freddie. Scott Bessent has said the IPO will likely be worth north of $500 billion, reflecting a significant premium from current prices.

MrPacksAlot

!banbet BAC 50.5 3d

MrPacksAlot

!banbet BAC 50.5 1w

Longjumping_Touch_58

Not sure about qqq either. Ran out of dt’s. BAC I seen a spike to the downside today, breaking support so I played it MCD been in an uptrend SOFI is SOFI

19andbored22

Not sure about the QQQ put the BAC put has more merit but they been doing pretty good this year so not sure about those. I would recommend more long term options. But that depends who your playing the game. Well would recommend neon but tbh it a coin flip could skyrocket like it did before if their a deal with samsung and depending on the settlement with apple but that is a semi gamble.

TamaTontata

Banks, BAC, C secretly doing buybacks

MrPacksAlot

Fair. Could see a bleed in the 2-3wks into earnings just to soar back to ATH levels following the release. It’s just hard to imagine BAC continuing this streak, albeit I’m currently holding calls from the slight dip. Picked up at low yesterday. Was contemplating switching sides for a month out

dj_samuelitobx

This isn't a bad bet but all of these are trash compared to SoFi technologies on the riskier end, and Bank of America on the safer end.  Literally buy BAC and go long $70 by March and you'll be okay. 

Busy_Point_3091

Knew BAC would break 50+ but I thought it’d be early summer, not mf now.. Shit, always missing it by inches 😖

ImakeBADinvestmentsx

BMO capital and BAC released notes on this. A Breakup of $GOOGL is not expected. Chrome will be kept within Alphabet. So most likely its going to be data sharing ruling or a injudction an apple payments - which will not have any impact on $GOOGL. Apple has no alternative on search and chrome is the best - users will just bypass safari and download chrome. Anyways, this is at 20 P/E and 16x FY26 P.E SO damn cheap! expect a re-rating to 25 P/E which should send this $250. SO many institutions loaded on $GOOGL aswell in the 180s-200s - this move isnt driven by retail. Billions are buying because it's going to WIn AI aswell due to its full stack. Check out nano-banana model. INSANE.

ImakeBADinvestmentsx

Judge has hinted breaking up chrome might not be the best answer. So no divesture. BMO Capital has done analysis and spoken and said the same. BAC has agreed aswell as the current admin. Saying they dont want to break them up. PLus, how do you sell $GOOGL chrome to investors. If it's spun off - gets who owns it? current investors :) just under alphabet lol. no buy/sale as its out reach of govt.

noce96

BAC is so close to hitting $53 again. It hasn't been at $53 since 2006.

TamaTontata

JPM, BAC were saying that buying the dip was a great opportunity for the past few days. I held calls into today, cashed out 2 of them but if I had listened to them my portfolio would be a lot happier.

Sidney1973

I bought BAC calls. I believe fed cuts helps BAC.

Diamond_handz_chad

I’m definitely buying calls on BAC now 😂 even if Warren sold all his shares 60$ will be inbound you sir are an idiot

KissMyRichard

BAC: "It better be different this time"

MrPacksAlot

Would love to see BAC crash -10%

MillionBEAR_

Bank of America's, $BAC, CEO Moynihan says economists predict no Fed rate cuts as inflation gradually decreases Is he retarded?

Secure-Shoulder1194

FDX Berkshire sold about $4B of BAC and is putting roughly $5B into an “industrial.” FedEx (FDX) is one of the names getting mentioned, but nothing’s confirmed. The filing should be out Thursday. Why FDX makes sense: • “Logistics” keeps coming up in the chatter • Valuation isn’t stretched • They’ve been buying back a lot of shares • $5B would be ~6–7% of the company — big enough to notice, but easy to build quietly Might be worth keeping an eye on after-hours action in case people are positioning early.

dubbawubalublubwub

tldr, buy puts on BAC?

scorchie

Thank you, sir. I've paid for a lot of experience the hard way, so I pay it forward. I would be cautious on bonds or anything inflation-linked to USGOV (bad data = bad prices). If you don't short, I'd recommend a gold position as a dollar hedge. I don't want to be responsible for another person's retirement; I only offer personal recommendations, based on my own allocations. The last "crash" was [SVB ](https://en.wikipedia.org/wiki/Collapse_of_Silicon_Valley_Bank)failure in '03, but the banks (still to this day) hold those losses unrealized on their balance sheets, so it never materialized. JPB, WF & BAC all have substantial amounts of this, which will only increase as yields rise (from lack of demand on USG term-debt). They will be forced to realize this soon, as yet another catalyst. Stay safe, and I hope you enjoy your retirement.

scorchie

Sell-side reporting. I've seen the same data from BAC, JPM, Goldman, etc... Bloomberg + Reuters have all reported these numbers. It's also how we know retail is on a record $1.1T of margin (largest in history). Retail brokers/institutions have the same counterparties for these transactions (investment banks). Hedge funds will sometimes use dark pools, which are transactions that are difficult to track order flow on (directionality is not reported). However, even HFs have a prime broker, where 75% or more of all their order flow is executed (OTC contracts may not be reported, but they are included in gross exposure by the CP).

Juhkwan97

I bot BAC at about $48 sometime in late 2007. Bought more, averaged down to about $30, then watched it drop to <$5 in the GFC. I held, bought a little more and averaged down to around $25. Then I held until 2020, got out around $30. 12 years I watched that mistake in my accounts. But I wish that was the worst one I ever made.

Level_Today9609

Same think happened to me on a huge 20 contract BAC CC I had at a strike price of 50. One day before expiration I rolled it out a week to 52 because it was about to cross 50 - it Never crossed 50 and I ended up loosing over $4500 to roll and wouldn’t you know BAC dropped down to $45/share

Conscious_Project485

I was holding @ 20 stocks in my portfolio, including half speculative. I went YOLO and sold almost everything, loss or gain. Took my gains on 400 WBD and SOFI shares, 200 F and 100 BAC. I scooped up 100 AMZN shares at a price that I thought I would never see this low again. I used every last dollar to finally scrape 96 shares of ANET, which reports earnings on 8/5 this week and is expected to hit it out of the park again... Still hung onto 100 shares of NVDA and PLTR, although it hurt watching them plummet today. It's scary that I just sold all the stocks with dividends I had recently purchased to balance my specs, but that's my YOLO! I wanted to chase UNH shares at this price, but with lawsuits pending, my balls aren't THAT big!

Eiiiights

Just put two pizzas (separate racks) in at the same time... .. Can't wait til to see how they blast my blood pressure P BAC

erichang

I had about 750K in 2007 when we all know the interest rate will definitely going down for the next year. I moved about 250K to bond and leave about 500K in SP500. Wish I had moved more. Anyway, market crashing is not a problem for me (to win big). The problem is in 2009 and 2010, I still have no faith in buying BOA (ticker: BAC) at below $10. Ended up with $14 cost average in 2014 for about 400K position. You would think the whole financial crisis in 2008 is a 1 month event. The truth is that it last many years for stock market. Even if you had bought BAC in 2009 for $5 like Buffett, in very likely situations, you may lose your shares in Nov 2011 for $5.5 or $6 a share and padding your back for a win. 20% gain in 3 years is not too bad actually, given the circumstance. In fact, same thing happened to my BAC position. It went up to about $17 in 2015 and dropped to $11 in Feb 2016 and everyone was panicking thinking 2009 or 2011 might repeat itself. Don't fool ourselves to think we can get BAC at $5 like Buffett is the first step to become a successful investor.

Florida_Man0101

I lost half my wealth, but buying BAC a week after bottom made me feel worthy again.

AnselmoHatesFascists

I bought all the banks, Citi, BAC and even AIG because those were all beaten down on talk of getting nationalized by the Obama administration. In retrospect, complete crazy talk. But it was a great example of when they say that buying when everyone seems to be panicking is a fast track to building wealth.

RepairmanJack2025

BAC raises AMD price target to $200. 'Bout time.

Terrible_Toe

I think BAC & TD... infact most banks are a little high right now.

DrElkSnout

Highest trading volume of a stock ever recorded: # 🥇 Bank of America Corp (BAC) * 📆 **November 10, 2008** * 📊 **Volume: \~2.38 billion shares** This spike happened during the height of the **2008 financial crisis**, as panic-driven trading surged amid bailout talks and systemic risk in the banking sector. OPEN is at 620M and climbing on the day holy fuck we're going to hit 1 Billion TODAY.

TradeVue

Good question! should have been answered by now. honestly this is a smart observation, you’re kinda thinking like a trader who’s looking for edge in IV structure which is rare on reddit calendars being that cheap on BAC makes sense since front vol is low and the back month isn’t that much higher, but the thing is… when IV is super low across the board, calendars lose their juice because there’s no vol differential to exploit. so yeah you can stack on credit spreads around it, but now you’re mixing long premium and short premium in a way that fights itself a bit…like if you sell call spreads above your calendar, that limits upside if BAC does decide to drift higher, and if you sell puts below it you’re doubling down on a range-bound assumption, so just know you’re capping your win zone in low IV names like BAC, I’d rather just sell something simple and mechanical like a tight strangle or iron condor outside 1SD and manage it that way, small pop, small loss, repeat it. or if you still like the calendar setup, you could try a double calendar or something like a calendar ratio, just keep it clean and don’t overstack complexity for a name that moves slow. calendar + condor combo can work, but it’s gotta be super deliberate or you’ll end up strangling your own trade for a tiny net credit lol overall you’re thinking in the right direction just don’t overengineer it for a stock that ain’t gonna make a big move anyway, keep it simple, sell something with edge, and move on to the next one

SirYoda198712

A few duds of his were ZIM, BAC. And maybe a few others- he doesn’t win them all. But if he hits- generally those stocks do well

NewPCBuilder2019

why does tim BAC always so much more in anguish than the others? what is wrong with him?

LiveRedAnon

The benefits of blockchain technology are real. BAC has over 80 patents in this area...what they don't need are coins/token/miners to run a blockchain.

Savik519

Absolutely agree, I think buying JPM/BAC/WFG type stocks will be a great trade. I just don’t see how it translates into ETH token price going up

civillyRange

BAC 1.5B charge offs life tip for free money: load up the cc and banks will just write it off when you dont pay 👆

narrowant341

All 3 banks (BAC, MS, GS) have done well compared to yesterday.

IntelligentDamage824

BAC and GS not too bad. goldman popped

racks_long

How can BAC miss on interest income when yields are literally at 20-year highs? I guess their employees have American degrees (worthless) LMAO

PutSpreadDaddi69

BAC revenue miss

Fibocrypto

OP, The better question is which companies do you like ? I'll give you my basic investing strategy. Any stock I buy I will thin 1/3 of the position if the stock price doubled and once I eventually get all of my initial investment out of it( other 1/3 thinning of the position as the stock goes up ) . I will continue to hold that position and forget about that stock. I will use that money I received to invest into another company. My most recent purchases between April to about 1 month ago were ( most recent first then moving out further to early April ) HFWA, LNKB, JVA, PFE, UCTT, WDC, SMCI, BAC, GLAD, LCID. There have been several positions I have thinned in the past 6 months yet my bias is to accumulate thin and then accumulate. I'll explain my reasoning. 1- longer term the stock market has tended to rise. 2- Eventually I might want this money in retirement 3- most likely my kids will outlive me and they can go WTF was he thinking. 4- I've heard several times that had a person invested 1,000 in stock x y or z they would be a millionaire today so I have kept the long term in kind looking out 40 years. 5- I look at stock indexes as a very well managed portfolio. 6- there is nothing wrong with investing in the sp 500 because that index by itself tends to out perform most people's portfolios. I'll summarize. The SP 500 is your simplest investment to hold onto

AGener0usGod

See that’s where you’re wrong, my Blood Alcohol Level (BAC) is going to be very bad tomorrow.

IntelligentDamage824

i have a feeling BAC gonna not be too bad tomorrow

bdh2067

BAC never moves

IntelligentDamage824

what are the odds BAC pops?

PM_STOCKS_TO_BUY

i may have done the worst thing I could do as a trader….averaged down on my $XLF 08/15 55c calls in hopes of $BAC, $MS, $GS providing relief to financials tomorrow morning through earnings hoping this avg down with a decent green day tmr allows me to breakeven and get out of the financials play

greaterwhiterwookiee

And BAC lately has been, well, this week hasn’t been the best. I made some money on puts last week. I just hope Citi keeps it up.

StocksStormTrooper

I wouldn’t entertain GS BAC MS either, look at the first batch of financials, if anything … puts

TempestDrive

Why are people saying BAC calls? Did they not see how most of these bank earnings turned out?

OopsSorryUgh

Who is short going into BAC earnings?

IntelligentDamage824

BAC calls tomorrow?

TempestDrive

BAC is really tricky, im not sure whether to go puts or calls