Profit Alert (BAC) for 2/8/2021

10:40am (EST)

I have another Profit Alert this morning so let’s go check the action.

Profit Alert!

Bank of America (BAC, $33.19, up $0.82)

BAC March 32 calls (BAC210319C00032000, $1.95, up $0.45)

Entry Price: $0.65 (2/2/2021)
Exit Target: $2.05
Return: 200%
Stop Target: $1.30 (Stop Limit)

Action: Close half the trade at current levels to lock-in a 200% profit.