Yes you're closer to the in the money strike price... But when BAC does crosses $15 as you said it would,,,,my
. 03 options will be going for Approx .10 , ,that will be a 325% gain...you paided way more for your options too, ,than Me....I actually was being very conservative about the Potentials gains,, it's more like you Potentially can you ovet 2000% ,when BAC goes over $17...
Risking on .03 per contract right now ,,But we shall see,,,
Profitable Trading To All.
Buy the 09/2016 $20 Call Options,, for only.03
Once BAC stock move up,, these optionsion will start to Double once over $15,_
Remember BAC doesn't has to hit $20 to make this 500%,,Once the stock starts toward the $20 strike price,, these options will move up quickly in price..