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Bought BAC and hedged shares with June strike 12 calls.

|Includes: Bank of America Corporation (BAC)

Bought 3 blocks at 11.86, and wrote 300 June strike 12 calls at 1.14/contract.  My strategy is to dollar-cost-average in increments of 1 block, should the shares retreat.  Also, I will be scalping the intraday lows accordingly.