New Trade (BAC) for 6/5/2017

11:00am (EST)

I have a New Trade in BAC as I like today’s action in the near-term options.


Bank of America (BAC, $22.61, up $0.16)

Buy to Open BAC July 23 calls (BAC170721C00023000, $0.60, up $0.06)

Action: I like these call options at current levels and you can use a Limit Order up to 70 cents to get the best fills. These are the BAC July 23 call options that expire on July 21st, 2017. I will provide the parameters of the trade in today’s Mid-Market update.