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Unpacking the Latest Options Trading Trends in Bank of America

Benzinga ·  Dec 19, 2024 23:46

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 11 trades.

If we consider the specifics of each trade, it is accurate to state that 63% of the investors opened trades with bullish expectations and 36% with bearish.

From the overall spotted trades, 6 are puts, for a total amount of $278,150 and 5, calls, for a total amount of $284,505.

What's The Price Target?

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $30.0 to...

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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