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[quote=Anonymous][quote=Anonymous]Tip of the day. Buy the Jan. 2015 Bank of America, Call Option. It wil cost you about $1.70 per share at the strike price of $15. Buy 10,000 = $17,000 Present Real Time Price 14.64. You would be buy the rights to purchase 10,000 Shares of BAC at $15 in roughly 510 days from today. In order for you to break even the share price during the next 510 day must rise to $16.70. Beyond that price would be making a profit. Any price below $16.70 and you'd be taking a loss. For every dollar it sells for over $16.70 in January 2015 you'll be making a profit of $10,000. If BAC ran up to $26.70 (and it will) during the next 510 days your profit will be $100,000 minus the $17,000 you paid today for the Call Option for a net profit of $83,000. [/quote] Could you elaborate? I'm really curious if this is reliable.[/quote]
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