Stock / Symbol: Bank of America / BAC
Option Strategy: [private_monthly] diagonal call spread[/private_monthly]
Price at trade entry: $10.55
Price at this adjustment: $11.27
Adjustment: Buying back one of the short calls to limit losses.
Trade Details:
[private_monthly]
BTC -1 BAC DecWk4 10 call
at the market
Max Risk: $220
Max Reward: $110 or 50% by Dec 28[private_monthly] at/under 10
[/private_monthly]
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