BAC is nearing resistance so it will fall and we should use covered call strategy

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Weekly Buzz: November ends with sharp gains
U.S. stocks opened mostly lower on Friday after capping off a spectacular November for markets. Equities finis...

Warren Buffett's Bet Against Wall Street
Warren asking so much in the simplicity of buying the S&P 500 that he bet a hand of hedge funds $1,000,000 that they can't outperform a low cost index fund over a 10 year period. Winner gets a charity of their charity.
Warren Buffett shares the Vanguard 500 Index Fund Admiral Shares (VFIAX) for his single position. The Competition Protege Partners, a New York City Money Management Firm, Selected Five Unnamed Funds of Hedge Funds.
The bet was kicked off in 2008 and as early 2017 Warren Buffett's bet was crushing the competition with a 85.4% return vs. a 22% return for the hedge funds.
For the full story, NPR's Planet Money podcast did a great episode on the bet which also covers the benefits of passive, why indexing which I've got on in this post.