Moderately bullish activity in Bank of America with shares up 1.75%
Moderately bullish activity in Bank of America (BAC), with shares up $1.02, or 1.75%, near $59.76. Options volume roughly in line with average with 166k contracts traded and calls leading puts for a put/call ratio of 0.5, compared to a typical level near 0.72. Implied volatility (IV30) is higher by 1.1 points near 26.07,and above the 52wk median, suggesting an expected daily move of $0.98. Put-call skew flattened, suggesting a modestly bullish tone, following a downgrade to Perform at Oppenheimer.Looking ahead: Bank of America (BAC) will report earnings before the open on 2026-07-14.Option markets are pricing in a 50% probability of a move greater than 3.99% or $2.38.
Moderately bullish activity in Bank of America (BAC), with shares up $1.02, or 1.75%, near $59.76.
Options volume roughly in line with average with 166k contracts traded and calls leading puts for a put/call ratio of 0.5, compared to a typical level near 0.72.
Implied volatility (IV30) is higher by 1.1 points near 26.07,and above the 52wk median, suggesting an expected daily move of $0.98.
Put-call skew flattened, suggesting a modestly bullish tone, following a downgrade to Perform at Oppenheimer.Looking ahead: Bank of America (BAC) will report earnings before the open on 2026-07-14.Option markets are pricing in a 50% probability of a move greater than 3.99% or $2.38.