MSFT 3/20 200 RIP
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BAC

Bank of America Corp

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Yes. BAC 138c
28% gain on BAC calls, not too shabby
PP BAC SHOT PHAT AZZ CUK ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)
Bought BAC calls, let’s see where this goes…
I'm considering buying $BAC... calls or puts?
Apparently there was a article on wall street oasis this morning about a BAC employee being worked 120 hours a week and then dying. The family got Wall Street oasis to take it the article down. Apparently Bank of America workers are going to be announcing a strike this morning. Just locked in May 24 puts at a $33 strike.
It's called rebalancing ..all hedge funds do it, still is Berkshire biggest position by a wide margin (40% vs theyr 10% BAC stake)
Approximately 75% of the aggregate fair value of investments in equity securities as of March 31, 2024, for BRK.B was concentrated in five companies: American Express (AXP) $34.5B vs. $28.4B as of December 31, 2023. Apple (AAPL) $135.4B vs. $174.3B as of December 31, 2023. Bank of America (BAC) $39.2B vs. $34.8B as of December 31, 2023. Coca-Cola (KO) $24.5B vs. $23.6B as of December 31, 2023. Chevron (CVX) $19.4B vs. $18.8B as of December 31, 2023.
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