8:00am (EST)
Shares of BAC were overbought and we expected a pullback. The win was our 41st to lift the success rate to 76%. It was also our 15th triple-digit winner.
Alert Update!
Bank of America (BAC, $50.42, down $0.32)
Option: BAC September 49 calls
Expiration Date: September 19th
Entry Option Price: $0.37 (8/11/2025)
Current Option Price: $1.60
Exit Target: $3 (closed half at $0.75 on 8/18)
Return: 238%
Stop Target: $1.75 (Stop Limit)
Action: The Stop Limit at $1.75 tripped on Tuesday’s pullback. The average closing price was at $1.25 with the return at 238%.