Deep-pocketed investors have adopted a bearish approach towards Bank of America BAC, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in BAC usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 63 extraordinary options activities for Bank of America. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 33% leaning bullish and 61% bearish. Among these notable options, 32 are puts, totaling $4,002,712, and 31 are calls, amounting to $2,033,225.
Predicted Price Range
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $15.0 to $55.0 for Bank of America during the past quarter.
Insights into Volume & Open Interest
In terms of liquidity and interest, the mean open interest for Bank of America options trades today is 8497.08 with a total volume of 41,397.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Bank of America's big money trades within a strike price range of $15.0 to $55.0 over the last 30 days.
Bank of America 30-Day Option Volume & Interest Snapshot
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| BAC | PUT | TRADE | BEARISH | 01/16/26 | $2.59 | $2.56 | $2.58 | $37.00 | $1.0M | 48.0K | 4.2K |
| BAC | PUT | SWEEP | BULLISH | 03/20/26 | $12.6 | $12.5 | $12.5 | $52.50 | $373.7K | 268 | 313 |
| BAC | PUT | SWEEP | BULLISH | 03/20/26 | $12.45 | $12.35 | $12.35 | $52.50 | $370.5K | 268 | 613 |
| BAC | PUT | SWEEP | BULLISH | 07/18/25 | $4.05 | $4.0 | $4.02 | $43.00 | $301.4K | 2.8K | 750 |
| BAC | PUT | SWEEP | BEARISH | 01/16/26 | $2.06 | $2.05 | $2.06 | $35.00 | $264.4K | 36.4K | 1.2K |
About Bank of America
Bank of America is one of the largest financial institutions in the United States, with more than $3.2 trillion in assets. It is organized into four major segments: consumer banking, global wealth and investment management, global banking, and global markets. Bank of America's consumer-facing lines of business include its network of branches and deposit-gathering operations, retail lending products, credit and debit cards, and small-business services. The company's Merrill Lynch operations provide brokerage and wealth-management services, as does its private bank. Wholesale lines of business include investment banking, corporate and commercial real estate lending, and capital markets operations. Bank of America has operations in several countries but is primarily US-focused.
Where Is Bank of America Standing Right Now?
- Currently trading with a volume of 30,874,034, the BAC's price is down by -3.5%, now at $39.95.
- RSI readings suggest the stock is currently may be oversold.
- Anticipated earnings release is in 36 days.
What Analysts Are Saying About Bank of America
A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $50.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access. * In a positive move, an analyst from Baird has upgraded their rating to Outperform and adjusted the price target to $50.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Bank of America, Benzinga Pro gives you real-time options trades alerts.
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