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Jack Haddad's  Instablog

Jack Haddad, MD, MBA is the founder and portfolio manager of MD Capital Management; prior to that, Dr. Haddad acheived great success as a consultant for the pharmaceutical/healthcare sector of portfolios for several brokerage firms. Dr. Haddad's involvement with clinical research trials has... More
  • BAC: Countrywide and Merrill mergers should boost the bank's profits 2 comments
    Oct 19, 2009 03:12 PM | about stocks: BAC

    Dollar cost averaging on BAC is a great idea, now that shares have been stable.  Bought at 17.18 and wrote Nov strike 17 calls at .90/contract.  I will buy more at the proper support levels, if shares trend down.


     

    Disclaimer: MD Capital Management owns BAC 

    Stocks: BAC
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This post has 2 comments:

  •  
    Hey Rockefeller there is no 17 strike on Nov. BAC calls.... it's 17.50....
    Oct 19 04:18 PM | Link | Reply
  •  
    17.50 is correct
    Oct 20 11:09 AM | Link | Reply
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