Bank of America Reports Earnings on Wednesday. How to Play It With Stock Options. – Barron's

Bank of America Photograph by Spencer Platt/Getty ImagesBank of America is a great stock for the long-term—but it has been a difficult short-term trade heading into Wednesday’s earnings report.
A month ago, we recommended buying Bank of America’s (ticker: BAC) October $30 calls that expire Oct. 25 to bullishly position for what was then the as of yet unscheduled release of the bank’s third-quarter earnings report.
At the time, the stock was out of favor, and not much has