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Market Whales and Their Recent Bets on BAC Options

Benzinga ·  15:47

Whales with a lot of money to spend have taken a noticeably bullish stance onBank of America.

Looking at options history for Bank of America (NYSE:BAC) we detected 27 trades.

If we consider the specifics of each trade, it is accurate to state that 48% of the investors opened trades with bullish expectations and 48% with bearish.

From the overall spotted trades, 11 are puts, for a total amount of $499,156 and 16, calls, for a total amount of $1,250,503.

Projected Price Targets

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $35.0 to $50.0 for Bank...

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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