Financial giants have made a conspicuous bearish move on Bank of America. Our analysis of options history for Bank of America (NYSE:BAC) revealed 19 unusual trades.
Delving into the details, we found 31% of traders were bullish, while 68% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $353,000, and 16 were calls, valued at $976,080.
Predicted Price Range
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $23.0 to $50.0 for Bank of America over the last 3 months.
Volume & Open Interest Development
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Bank of America’s options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, …
Full story available on Benzinga.com
Financial giants have made a conspicuous bearish move on Bank of America. Our analysis of options history for Bank of America (NYSE:BAC) revealed 19 unusual trades.
Delving into the details, we found 31% of traders were bullish, while 68% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $353,000, and 16 were calls, valued at $976,080.
Predicted Price Range
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $23.0 to $50.0 for Bank of America over the last 3 months.
Volume & Open Interest Development
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Bank of America’s options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, …
Full story available on Benzinga.com
Financial giants have made a conspicuous bearish move on Bank of America. Our analysis of options history for Bank of America (NYSE:BAC) revealed 19 unusual trades.
Delving into the details, we found 31% of traders were bullish, while 68% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $353,000, and 16 were calls, valued at $976,080.
Predicted Price Range
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $23.0 to $50.0 for Bank of America over the last 3 months.
Volume & Open Interest Development
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Bank of America’s options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, …Full story available on Benzinga.com Read MoreBAC, BZI-UOA, Options, Markets, BAC, US0605051046, Options, Markets, Benzinga Markets
