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Market Whales and Their Recent Bets on BAC Options

Benzinga ·  Oct 14 23:30

Financial giants have made a conspicuous bullish move on Bank of America. Our analysis of options history for Bank of America (NYSE:BAC) revealed 18 unusual trades.

Delving into the details, we found 50% of traders were bullish, while 44% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $381,663, and 13 were calls, valued at $515,136.

Expected Price Movements

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $28.0 to $43.5 for Bank of America over the recent three months.

Analyzing Volume & Open Interest

Looking at the volume and open...

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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