Options volume is running well above average, with 262k contracts traded and calls leading puts for a put/call ratio of 0.53, compared to a typical level near 0.92. Implied volatility (IV30) dropped 3.29 to 21.74,below the median, suggesting an expected daily move of $0.59. Put-call skew flattened, suggesting a modestly bullish tone.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BAC:
- Tesla Supplier and Battery Giant CATL Eyes $4B in Hong Kong Listing
- Apple (AAPL) Battles App Store Ruling while Preparing for a Major Bond Sale
- Warren Buffett’s Longtime Favorite: Is Coca-Cola Stock (KO) Still Worth Buying?
- AAPL, AXP, BAC, KO, CVX: Buffett’s Berkshire Bets Big on These 5 Stocks
- Fed looks to review secret ratings of largest banks, WSJ reports
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue