Closed BAC Covered Call with +$3.2 profit (0.11% potential income in 172 days)

On November 27, 2020, our 100 shares of BAC were called away at the strike price of $27.5

BAC has been one of our biggest failures in 2020, and we are lucky we have got rid of it now. We still hold some shares with BAC, and we might use dollar-cost averaging to buy more, but for now, we are happy seeing our 100 shares called away and freeing up some capital for, hopefully, better trades.

This trade was closed with a gain of  +$3.2 or a 0.11%  yield in 172 days

Trading options with BAC stock

  • Running Total 12 Trades since June 8, 2020

  • Options Income: $150