All of my BAC shares will be called away in covered call, bulk of Citi shares will be called in covered call. about 35% of WFC got called away today, (today is the ex-dividend, so the call owner wanted that $0.4, ) and so are the other regionalsā¦ PNC, TFC
After Jan, I will be left with WFC, KRE. My Financial allocation is going to come down from 40%ā¦ to whatever.
I am expecting some amount of disappointment in 4Q earnings depending on the interest rates.
But long-term, if the āanimal spirtsā are unleashed, lot of loan growth ahead, along with NII stabilization, and regulatory relief. I will get back into banks stocks again. But for now taking profit and reviewing.