Tuesday, July 9, 2019

BAC Bank of America Call

While I am on vacation, I still do a little money making and will post interesting trades.  Here is one I made today.

         
  7/9/2019   Call Expiration   
  BAC $29.39 9/20/2019  
  Cost Basis:   1/15/2019 $26.57  
  Strike Price:   $31.00  
  Call Premium:    $0.48  
  Dividend  Exp ex-div 9/6/2019 $0.150  
       
  Call Yield on Basis   1.81%  
  Call + Dividend Yield on Basis   2.37%  
  $ Gain if Assigned   $5.06  
  Max Return  if Assigned   19.04%  
         



M* MoneyMadam

Disclosure Long BAC with calls