Banking Special

Well now that the triple threat of MLK Day, The Inauguration and Polar Vortex 2025 is over lets get back to trading…Actually The Polar Vortex is still here, and it is flippin cold

Hopefully you are reading this from your own personal yacht circling “The MED” or something… I’m not, I’m in the bone freezing cold Midwest U.S.A., but one can dream

Banks, lets talk::
I saw this last week, and today I took a deeper dive
What I found was exactly as I had thought
The results of the scans produced over 70 banks that all gave a 10% return or greater on the week last week
The least return for the week? Ready? 8.1%
That is strong
We here at theoptionscoach.net appreciate strength

Unusual markets call for unusual trades. Please be mindful that all of these could see a pullback before their next advance. But as of right now, none of them are showing signs of slowing down soon

We do not buy on down days or when a stock is red
We set STOPS and HONOR THEM

It’s getting late, it’s cold out, I have logs on the fire and hot cocoa going, lets get to it

JPM
Bull Call Spreads
260 / 265 are 2.52 at the MID
260 / 270 are 4.50 at the MID
Blind Calls
2.65 are 6.25 ( yes, that is the number ) at the MID

BAC
Bull Call Spreads
47 / 50 are 1.06 at the MID
Blind Calls
48 are 1.05 at the MID

C
Bull Call Spreads
80 / 85 are 1.83 at the MID
Blind Calls
85 are 1.10 at the MID

See you in the morning

The Options Coach