tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Mixed options sentiment in Bank of America with shares down 0.15%

Mixed options sentiment in Bank of America (BAC), with shares down 8c near $56.09. Options volume relatively light with 53k contracts traded and calls leading puts for a put/call ratio of 0.57, compared to a typical level near 0.73. Implied volatility (IV30) dropped 0.73 near 25.12,and below the 52wk median, suggesting an expected daily move of $0.89. Put-call skew flattened, suggesting a modestly bullish tone, following an upgrade to Buy at HSBC.Looking ahead: Bank of America (BAC) will report earnings before the open on 2026-01-14.Option markets are pricing in a 50% probability of a move greater than 3.75% or $2.10.

Claim 70% Off TipRanks Premium

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1