Mixed options sentiment in Bank of America (BAC), with shares up 14c, or 0.32%, near $45.80. Options volume roughly in line with average with 85k contracts traded and calls leading puts for a put/call ratio of 0.93, compared to a typical level near 0.96. Implied volatility (IV30) dropped 2.64 near 22.89,and below the 52wk median, suggesting an expected daily move of $0.66. Put-call skew flattened, suggesting a modestly bullish tone.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BAC:
- ‘Buy IBM Stock Now,’ Says Five-Star Analyst
- Oppenheimer (OPY) Lifts S&P 500 Year-End Target to Street High 7,100
- Trump Trade: Kugler submits resignation as member of Fed
- Tariffs push European customers to diversify banking relations, Bloomberg says
- Berkshire Hathaway reports Q2 operating earnings $11.16B vs. $11.6B last year