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Mixed options sentiment in Bank of America with shares up 0.88%

Mixed options sentiment in Bank of America (BAC), with shares up 46c, or 0.88%, near $52.30. Options volume roughly in line with average with 92k contracts traded and calls leading puts for a put/call ratio of 0.62, compared to a typical level near 0.81. Implied volatility (IV30) dropped 1.73 near 26.02,and above the 52wk median, suggesting an expected daily move of $0.86. Put-call skew flattened, suggesting a modestly bullish tone.Looking ahead: Bank of America (BAC) will report earnings after the close on None.Option markets are pricing in a 50% probability of a move greater than 0.0% or $0.00.

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