BAC Swing Idea 8/22 - jtgladiator

BAC

Looking for a continuation to the downside for BAC

These are swing levels but can also be used intraday if wanted. Just grab ITM instead of OTM.

Buy Puts / Go Short
34.50p <35.31 - Watch for reversal to the upside. Scalp calls if reverses to the upside.

Buy Calls / Go Long
36.50c > 36.03 - Also watch to go short if this level "rejects"

View my chart in real-time
https://www.tradingview.com/chart/i87YzKPD/

Trade active:

BAC PT1 hit - lets keep it rolling

Comment:

BAC skipped a gap completely and added a bigger gap. It hit the first price target and then reversed and ping ponged all day.

BAC 34.50p .41 to .53 out the gate
Calls on the reversal went .50 to .67 not bad