Mixed options sentiment in Bank of America (BAC), with shares down 6c near $53.51. Options volume running well above average with 248k contracts traded and calls leading puts for a put/call ratio of 0.17, compared to a typical level near 0.65. Implied volatility (IV30) is higher by 1.6 points near 26.85,and above the 52wk median, suggesting an expected daily move of $0.90. Put-call skew flattened, suggesting a modestly bullish tone.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BAC:
- Game On: Nintendo reports sharp increase in H1 earnings, revenue
- BofA CEO Moynihan pushed by board to told ‘investor day,’ NYP says
- Recent reports offer ‘bullish view’ for Intuit’s Credit Karma, says Mizuho
- Mixed options sentiment in Bank of America with shareslittle changed
- BofA, Citi among about 20 banks joining financing of EA buyout, Bloomberg says
