99000 Nov 18 calls went up in 1 block on the PHLX on a sold last tag

BAC

Shares of Bank of America Corp. (BAC) are up .64 to 17.94 today. ?BAC is near the upper end of the 52 week range.

  • Paper traded 99000 Nov 18 calls at .30. ?
  • The ADV 291k.?
  • The OI is 184k contracts.

The volume went up in 1 block on the PHLX on a sold last tag.? Huge paper in BAC yesterday looking at a bullish run and this sale is either a roll or a close of some long calls.? It does appear there is some profit taking on the sharp move up today.

  • 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.