Trade details
Instrument:
Notes: I'm thinking some of these better bank names are due for a bounce. BB&T is solid conservative bank that to my knowledge has little exposure to the residential mortgage market. Stock price was at 45 last Sept. Rather than buy the stock outright I'm gonna buy Jun 09 25 calls @ .65 ea.
Yes there are definitely solid banks out there which are just being drug into this mess. Don't know much about BBT but it's probably not a bad time to be bullish.
aa411853 1077 days ago
seems like a solid play to me
NYCtrader 1077 days ago
I think there's still one more shakeout left. I wouldn't touch the financials with a 10 ft pole. Just me though.
swhite67 1077 days ago
If Geithner ends mark to market accounting this week, look for a run up in the financials.
aa411853 1076 days ago
Looks like AIG is getting another bailout.
aa411853 1076 days ago
Great timing on this one! Financials rallied hard last week.
NYCtrader 1063 days ago
