Bank of New York Mellon (BK) stock price hit a 52-week low on September 27th. "Bank earnings season could not come early enough this quarter as investors are eager to see analyst revisions. I see the Bank of New York Mellon (BK) stock as a value leader as the bank is a cashflow leader. They also have new ESG ratings related to their securities lending. Also, Northrop Grumman (NOC) stock can be a geopolitical play as the aerospace defense sector is poised to do well," says Darin Tuttle. Tom White discusses an example call condor option trade with a bullish direction on NOC and an example covered call option trade with a neutral to bullish direction on BK.
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