Switching Banks

By -

I grew impatient enough with Bank of America (BAC) that I threw it overboard, even though I think it still has the potential for a meaningful reversal. In its stead I have acquired January 2024 puts on AMZN at a strike of $150 at a price of $19.90. They’re up 7.61% so far, in just an hour, so at least it’s a good start.