9340 BAC Apr 01 Weekly 14 calls went up on the PHLX marked sold last.?
Shares of Bank of America Corp (BAC) are down .20 to 13.44 today.? BAC is trading in the middle of the 52 week range.
- Paper traded 9340 BAC Apr 01 Weekly 14 calls for .18 today.?
- BAC trades 387k contracts a day on average.?
- The OI on the strike is 4708 contracts.
The trade went up on the PHLX marked sold last.? Over 22k calls traded in BAC in anticipation of the FOMC meeting on Friday.? The trader is most likely looking for a run back to $14 for the big bank prior to the Apr 01 expiration.? No stock of size printed concurrently with this option trade.
- IV30 IS 36%
- HV10 is 38%?
- The current realized volatility is trading at a premium to implied volatility.
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. Through its banking and various nonbank subsidiaries, it provides a range of banking and nonbank financial services and products.