Option Play: BAC

Market has been pushing ATH for the last two weeks with constant up and up and up. When it finally consolidates BAC will give some back with it. Stock is extended on all timeframes and today breaking that trend line setting up for a move down. Levels below for me - first 45 then 43. Make sure you take profit given the chance. Above 48.5 this is invalid.

Playing 46p for 11/12 and 45p for 11/19 - 50 cons of each. Good luck if you play!!