BAC looks to have found a base of support here at a key level, and appears to make a move upward. Noticeable bullish diversion exists in RSI . May possibly see a run up to earnings , and a possible jump on good earnings report and guidance. If looking to play the ER route and swifter move, JUL 20 option available. If looking for a more measured move toward top of channel, AUG 17 option available.
Options given on chart gained over 200% and over 100%, respectively, today.
Rode JUL 20 C29.5 from .09 to .24. Now jumped back in at the close of market today, same JUL 20 C29.5 for .10 now, playing ER on Monday.
Trade closed: target reached:
Closed JUL 20 C29.5 at .70, from .10. Only 7x money. GLTA, and thx to BAC