{"id":1589,"date":"2020-07-28T20:37:19","date_gmt":"2020-07-28T20:37:19","guid":{"rendered":"http:\/\/tradejolt.com\/wordpress\/?p=1589"},"modified":"2020-07-28T20:37:19","modified_gmt":"2020-07-28T20:37:19","slug":"bac-28-july-no-roll-needed","status":"publish","type":"post","link":"https:\/\/tradejolt.com\/wordpress\/bac-28-july-no-roll-needed\/","title":{"rendered":"BAC &#8211; 28 JULY No Roll Needed"},"content":{"rendered":"<p>The Gods of Finance are smiling on our BAC positions today. The stock has zigged and zagged and closed within 10 cents of our \"fulcrum\", a straddle centered on $24.50.<\/p>\n<p><a href=\"http:\/\/tradejolt.com\/wordpress\/wp-content\/uploads\/2020\/07\/BAC_thumbnail_28JUL.png\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/tradejolt.com\/wordpress\/wp-content\/uploads\/2020\/07\/BAC_thumbnail_28JUL.png\" alt=\"\" width=\"454\" height=\"338\" class=\"alignnone size-full wp-image-1591\" srcset=\"https:\/\/tradejolt.com\/wordpress\/wp-content\/uploads\/2020\/07\/BAC_thumbnail_28JUL.png 454w, https:\/\/tradejolt.com\/wordpress\/wp-content\/uploads\/2020\/07\/BAC_thumbnail_28JUL-300x223.png 300w\" sizes=\"auto, (max-width: 454px) 100vw, 454px\" \/><\/a><\/p>\n<p>At day's end we had accumulated another $368 in unrealized earnings, in addition to our $1426 of realized earnings. This represents about 30% of our total outlay in about 4 weeks. We could close out both our short term position and our long term position for a net gain of $501 on $4010 invested, which is a 12% gain in less than 1 month. But of course it would be silly to do so. We expect these premium milkings to continue. If they continue at the same pace we could see premium earnings of $18,000 to $22,000 on an investment of $4000, which would about triple our investment.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Gods of Finance are smiling on our BAC positions today. The stock has zigged and zagged and closed within 10 cents of our &#8220;fulcrum&#8221;, a straddle centered on $24.50. At day&#8217;s end we had accumulated another $368 in unrealized earnings, in addition to our $1426 of realized earnings. This represents about 30% of our [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[5],"tags":[],"class_list":["post-1589","post","type-post","status-publish","format-standard","hentry","category-trades"],"_links":{"self":[{"href":"https:\/\/tradejolt.com\/wordpress\/wp-json\/wp\/v2\/posts\/1589","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradejolt.com\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradejolt.com\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradejolt.com\/wordpress\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tradejolt.com\/wordpress\/wp-json\/wp\/v2\/comments?post=1589"}],"version-history":[{"count":1,"href":"https:\/\/tradejolt.com\/wordpress\/wp-json\/wp\/v2\/posts\/1589\/revisions"}],"predecessor-version":[{"id":1592,"href":"https:\/\/tradejolt.com\/wordpress\/wp-json\/wp\/v2\/posts\/1589\/revisions\/1592"}],"wp:attachment":[{"href":"https:\/\/tradejolt.com\/wordpress\/wp-json\/wp\/v2\/media?parent=1589"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradejolt.com\/wordpress\/wp-json\/wp\/v2\/categories?post=1589"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradejolt.com\/wordpress\/wp-json\/wp\/v2\/tags?post=1589"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}