You are so lucky! You could have shorted BAC a few weeks ago @15, or so. Now you will only lose a bit less money.
Seriously, I have made a good deal of money on BAc since I bought the stock on 2/2/09 @ $7.64, and I have made most of thsi money by writing calls against holdings at opportune moments.
My indicators have told me not to write calls just now since the Jan17.50 calls expired worthless.