Caution with BAC. Signs of a huge dump coming.

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#1 Fri, Aug 26, 2011 - 12:24pm
jackmeoff
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Caution with BAC. Signs of a huge dump coming.

Just a caution on BAC if any of you got in. There is some strange action going on and the volume on the puts for Sep 1st is trading at more than open interest. Dont know if it means anything but there is also some good buying in the XLF put side.

Edited by: jackmeoff on Nov 8, 2014 - 5:04am
randomness