$Bank of America(BAC)$ The government has offered liquidity to banks, meaning high value assets can now be sold to the government for dollars at par value if needed in order to ensure depositors that their money is available to them and there’s no need for these deposit-run panics…
Ok well I believe people will still withdraw their deposits from banks which do not have enough assets to cover all of their deposits on file… So, does anyone know of any banks which do not have enough assets to cover all of their deposits on file? It’s time to buy some puts, but I want to make sure in buying puts on the right banks
ugly ugly price action, fundamentals & price action has been disconnected, as much as I like longer term and see good upside(35-40) but getting ready to see 24-26 range if this Run on Banks narrative continues.
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Ok