BAC
Bank of America Corporation
stock NYSE

Some people have such jacked digestive systems that they actually make their own booze in their gut and get drunk. One person was found with a legally drunk BAC but monitored like 24 hours beforehand to prove they weren't drinking in secret and whatnot. I think they are usually fatties.

Some people have such jacked digestive systems that they actually make their own booze in their gut and get drunk. One person was found with a legally drunk BAC but monitored like 24 hours beforehand to prove they weren't drinking in secret and whatnot. I think they are usually fatties.

Are there any metrics you look at such as percent of premium to cost of trade or percent of cost to stock price? I know to make sure the cost of the trade is less than the spread of the calls to ensure a profit if exercised. Using 30 delta 30-45 dte shorts and \~75 delta \~ 150 dte longs, I see the cost to purchase a PMCC on SOFI or DOW is \~ 20% of the stock price whereas the cost of a PMCC on CVX/BAC/MO are closer to 11%. Clearly you would want to pay a lower percentage of the stock price but what’s the trade off? Additionally, I’ve looked at the premium on the short as a percent of the cost of the PMCC. That usually seems to be within a few percentage points of 10 %. Any input on these metrics would be appreciated.

BAC. T = turd. C For the bounce