Bank of America (NYSE: BAC) opened at $14.27. So far today, the stock has hit a low of $13.94 and a high of $14.58. BAC is now trading at $14.57, up $0.20 (1.37%). The stock hit its 52-Week high of $19.86 in April and set its 52-Week low of $10.91 in November. The company will be reporting its Q4 earnings tomorrow, with analysts expecting to see $0.14 per share. During the same period last year the company had earnings of -$0.60 per share. Technical indicators for the stock are neutral and S&P gives BAC a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on BAC the stock seems like it could be a candidate for a March out-of-the-money bull-put credit spread below the 13 range.
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