BAC Setting Up Again...

 BAC 60 min RSI divergence and volume falling off.

 BAC is right in the area of some heavy overhead resistance, not only from October and August, but everything before that as well.

Note the 15 min chart leading negative in the flat area.

Financials are performing relatively well on the day, which is good.

I like the idea of buying in the money puts with a March expiration, but using them as a trading tool, not holding them. Previous BAC trades using this strategy have made 30% and 53% in 24 hours.