Seeking Alpha

Jack Haddad's  Instablog

Jack Haddad
Send Message
Jack Haddad
  • BAC: Countrywide and Merrill mergers should boost the bank's profits 1 comment
    Oct 19, 2009 3:12 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
Back To Jack Haddad's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (1)
Track new comments
  • Author’s reply » 17.50 is correct
    20 Oct 2009, 11:09 AM Reply Like
Full index of posts »
Latest Followers

StockTalks

  • Market technicals: I'm accumulating both QID and DXD as the DOW and nasdaq look tired. We have not been able to surpass 10479.
    Dec 23, 2009
  • Amln: today's pullback is a great entry hedged by writing Jan 12.50 calls. Last week's results of Byetta far exceeded epxectations.
    Dec 23, 2009
  • QID: added more to my core position at 20.48. Nasdaq is topping out and is tiring.
    Dec 11, 2009
More »

Latest Comments


Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.