Long on BAC with an option strategy. Risking 3% of the portfolio with 78% chance of success.
Below are the levels if you want to trade the Equity with 48% change of success.
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Buy Bull Put Spread at Market Price
April 04 â€™14 Expiry
BAC APR 04 ’14 + 16.5 – 17.5 Call Bull Spread trading at .59 / .60