Mixed options sentiment in Bank of America (BAC), with shares down 8c near $50.17. Options volume running well above average with 61k contracts traded and calls leading puts for a put/call ratio of 0.5, compared to a typical level near 0.88. Implied volatility (IV30) dropped 0.5 near 21.84,in the bottom quartile of the past year, suggesting an expected daily move of $0.69. Put-call skew flattened, suggesting a modestly bullish tone.
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