BAC Equity Option Collar Trade Results
What an exciting ride for my Banc of America Equity (BAC) Collar option strategy. When I placed this paper trade, the financial crisis was starting to unwind and I put this strategy in place thinking that BAC was going to trade in a tight range for some time. As you can expect, this trade provided me [...]
Trading Idea: Equity Collar on Bank of America (BAC)
As the US financial crisis continues without an end in sight, there are opportunities for protection if you are long holder of certain financial stocks. With so many equity option strategies available, it is up to each individual investor to utilize which strategy to employ. To illustrate my point, I will be entering into [...]
Lehman Covered Call Results
Sometimes it is better to be lucky than right….Going into Wednesday of this week, I was telling myself that I should have never entered into the second covered call a month ago when Lehman (ticker: LEH) was at trading at $24.20. During that posting, I still had the opportunity of a gain…
But miraculously, in the last [...]
