Financial giants have made a conspicuous bearish move on Bank of America. Our analysis of options history for Bank of America (NYSE:BAC) revealed 21 unusual trades.
Delving into the details, we found 38% of traders were bullish, while 57% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $428,860, and 15 were calls, valued at $1,186,545.
What's The Price Target?
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $23.0 and $42.0 for Bank of America, spanning the last three months.
Volume & Open Interest Development
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