Managing a Rolled Short Put With a Bear Call Spread: My BAC Trade
I rolled a losing Bank of America short put from $57.50 to $55 for March 2027 and added a bear call spread. Here is what that changes.
BAC
Notes and articles from BAC.
Latest from BAC
More from BAC
Week 77 / $233 Premium, BAC Roll and NVDA Adjustment
As of September 25, 2026, our latest portfolio snapshot stood at $13,733, representing a small 0.2% increase compared with the previous week.The $14,000 milestone remains within reach, but we have now been struggling to…
Week 76 / NVDA Spread, BAC Roll and New NU Position
Greetings from Mestia, Georgia, in the heart of Svaneti and not far from Ushguli — one of the highest populated settlements in Europe, sitting at roughly 2,050–2,200 metres above sea level.This weekend we escaped…
Week 71 / Selling NVDA Credit Spreads Ahead of Earnings
Greetings from Capšu Zeme, aka our summer residence in Western Latvia. After spending about eight days in Riga, we finally made it back to our place. We’ve been working in the garden, harvesting cucumbers…
Week 66 / Dividend Stock Portfolio Up 25.79% YTD as I Add BAC and Stora Enso Options
As of July 10, 2026, our dividend stock and options portfolio closed at $12,851, gaining 1.24% week over week.This week, I opened several new positions, despite saying over the past few weeks that I…
Why I Bought Bank of America Stock After Selling a Cash-Secured Put
Recently, I added Bank of America stock to our long-term stock portfolio after selling a cash-secured put on BAC.This was not a random trade. I have been selling options and investing with Bank of…