40000 BAC Nov 6 Weekly 17.5 calls over Nov 6 Weekly 17 puts went up in 2 blocks on the AMEX.?
Shares of Bank of America Corp. (BAC) are up .33 to 17.34 today. ?BAC is near the upper end of the 52 week range.
- Paper traded 40000 BAC Nov 6 Weekly 17.5 calls over Nov 6 Weekly 17 puts for .06 and .09. ?
- The ADV 285k.?
- The OI is under 30k contracts on both strikes.
The volume went up in 2 blocks on the? AMEX.? Paper traded over 100k calls and 80 puts around this block. The buy call and sell put set up is very short term bullish looking for a jump in BAC through the NFP number tomorrow.
- IV 30 is trading for 22%.?
- HV10 is trading for 33%.?
- IV 30 is trading below the HV 10.
Bank of America Corporation is a bank holding company and a financial holding company. The Company is a financial institution, serving individual consumers, small- and middle-market businesses, institutional investors, corporations and Governments with a range of banking, investing, asset management and other financial and risk management products and services.