31921/26800 BAC Jan 20/Feb 19 calls went up on the AMEX and ARCA.?
Shares of Bank of America Corp (BAC) are up .01 to 17.44 today.? BAC is near the middle of the 52 week range.
- Paper traded 31921/26800 BAC Jan 20/Feb 19 calls for .07 and .34. ?
- The ADV is 308k.?
- The OI is 500k and 76000 contracts.
The volume went up on the AMEX and ARCA.? There were conflicting prints going up but the OI would indicate a roll out of Jan into a lower strike in Feb.? The paper did go up on two different floors and was not marked spread but is more indicative of a roll.? There is substantial Jan 18 call buying as well.? The Jan/Feb looks like it is buying more time.
- IV 30 is trading for 26%.?
- HV10 is trading for 28%.?
- 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.