Credit Suisse also upped its price target on the stock to $73.00 last week — up another 12% or so from current levels.
Yesterday’s big jump in price means big gains in the value of the options.
Let’s strike while the iron is hot and sell half of your remaining options to lock in 180% gains and hold on to the rest for potentially bigger gains ahead.
Note that your position in Bank of Ireland (IRE) also soared 27% yesterday. If there is one bank left standing in Ireland after the crisis wanes — and one that could make 5X your money — it’s this one.
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