Sold 2 Put Options on BAC – 1.56% potential income return in 45 days
On March 31, 2023, I sold additional 2 put options on Bank of America stock with a strike price of $24 and expiry on April 2023). For this trade setup, I was rewarded with $30 (after commissions), which would yield about 1.56% return in 45 days if the options will expire worthless.
The Bank of America Corporation is an American multinational investment b…
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