I am always loathe to trade on options expiration. The odds are too rigged and I have found over the past 17 years, that OE Friday’s tends to be the day I give all my profits back. Speaking of “back” short $BAC has been a good trade this week.
Anyway outside of $RIMM (my swing position target is $22+)…I am not doing much the past few days, so back to the point of this post –
Excellent, in depth reading on banks in general from the recent issue of Atlantic – is helping me pass the time for now. Definitely worth perusing.
p.s. Goldman Sachs Group Inc. (GS) boosted Chief Executive Officer Lloyd C. Blankfein’s stock bonus 90 percent to $13.3 million, topping JPMorgan Chase & Co. (JPM)’s Jamie Dimon for the first time in five years, as profit climbed.