Stock Trader Larry

Bank of America Needs More of Your Tax Dollars

BAC was up over 50% last week in light volume and stopped Friday just shy of the 20 day MA. I bought some DEC $15.00 PUTS friday and watched them go from $1.40 where I bought them to over $3.00 in one day! Too bad I sold them for a quick profit this morning, oh well.

There will be more opportunities to go short for this one.