Opinions of BAC please, we all know the housing market is still a mess and will be better in a few years but not now.Buy BAC Leap options on Monday if it opens lower ? Or does BAC drop back the the 8's ?
Will got to 8's IMO.Then we shall see. If the market seriously corrects it may go lower. (and don't forget...MS, BAC are possibly facing downgrades in a couple weeks).
It takes out 8 by a little then go long to 10. lots of support at 8 taking it out will head fake everyone not to mention triggering the 8 stops.