Sold 2 Put Options on BAC – 1.80% potential income return in 73 days
On May 1st, 2023, I sold additional 2 put options on Bank of America stock with a strike price of $26 and expiry on May 26, 2023). For this trade setup, I was rewarded with $19 (after commissions), which would yield about a 1.80% return in 73 days if the options will expire worthless.
The Bank of America Corporation is an American multinational investmen…
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