Mixed options sentiment in Bank of America (BAC), with shares down 42c near $48.15. Options volume roughly in line with average with 121k contracts traded and calls leading puts for a put/call ratio of 0.71, compared to a typical level near 0.75. Implied volatility (IV30) is higher by 0.3 points near 31.36,in the top quartile of the past year, suggesting an expected daily move of $0.95. Put-call skew flattened, suggesting a modestly bullish tone.
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