15000 BAC Aug 16 calls went up in one large block on the PHLX marked regular.?
Shares of Bank of America (BAC) are up .11 to 14.48 today.? BAC is near the middle of the 52 week range.
- Paper traded 15000 BAC Aug 16 calls for .02.
- The ADV is 279k contracts.?
- The OI is 61061 contracts.
The volume went up in one large block on the PHLX marked regular.? This trade could be closing a short call but 15000 BAC Aug 14.5s went up too within 7 min.? Either the trader is buying to close or opening some more upside OI.? Either way they think there is more rally ahead.
- IV 30 is trading for 22%.?
- HV10 is trading for 21%.?
- IV 30 is trading above the HV 10.
Bank of America Corporation is a bank holding and financial holding company.