Option traders moderately bearish in Bank of America (BAC), with shares down 90c near $48.88. Options volume running well above average with 141k contracts traded and calls leading puts for a put/call ratio of 0.81, compared to a typical level near 0.77. Implied volatility (IV30) is higher by 1.8 points near 32.91, in the highest 10% of observations over the past year, suggesting an expected daily move of $1.01. Put-call skew steepened, indicating increased demand for downside protection, following an upgrade to Buy at Erste Group.Looking ahead: Bank of America (BAC) will report earnings before the open on 2025-10-15.Option markets are pricing in a 50% probability of a move greater than 4.31% or $2.11.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BAC:
- Trump Weekly: Generics to be excluded from pharma tariff plan
- DELL Stock Surges as Wall Street Lifts Price Targets on AI-Fueled Long-Term Growth Goals
- Why Is Blackstone’s Legence (LGN) Wall Street’s New Favorite to Benefit from the AI Boom?
- Platinum to acquire Products & Healthcare Services segment of Owens & Minor
- IBM partners with Anthropic, Dell boosts long-term view: Morning Buzz