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Moderately bullish activity in Bank of America with shares up 2.73%

Moderately bullish activity in Bank of America (BAC), with shares up $1.52, or 2.73%, near $57.48. Options volume running well above average with 67k contracts traded and calls leading puts for a put/call ratio of 0.5, compared to a typical level near 0.75. Implied volatility (IV30) is higher by 0.7 points near 25.61,and above the 52wk median, suggesting an expected daily move of $0.93. Put-call skew steepened, indicating increased demand for downside protection.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 4.34% or $2.49.

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