Financial giants have made a conspicuous bearish move on Bank of America. Our analysis of options history for Bank of America (NYSE:BAC) revealed 13 unusual trades.
Delving into the details, we found 38% of traders were bullish, while 61% showed bearish tendencies. Out of all the trades we spotted, 7 were puts, with a value of $591,585, and 6 were calls, valued at $260,748.
What's The Price Target?
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $35.0 and $44.0 for Bank of America, spanning the last three months.
Insights into Volume & Open Interest
In terms of liquidity and interest, the mean open interest for Bank of America options trades today is 7711.45 with a total volume of 10,550.00.
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 $35.0 to $44.0 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 | SWEEP | BULLISH | 06/18/26 | $4.15 | $4.05 | $4.05 | $42.00 | $202.5K | 4.9K | 500 |
| BAC | PUT | SWEEP | BULLISH | 05/30/25 | $0.64 | $0.63 | $0.63 | $43.00 | $119.7K | 1.8K | 3.6K |
| BAC | CALL | SWEEP | BEARISH | 06/18/26 | $6.05 | $5.95 | $5.95 | $42.00 | $91.6K | 9.6K | 448 |
| BAC | PUT | TRADE | BULLISH | 06/18/26 | $4.15 | $4.05 | $4.06 | $42.00 | $81.1K | 4.9K | 700 |
| BAC | PUT | TRADE | BEARISH | 10/17/25 | $2.17 | $2.15 | $2.17 | $41.00 | $56.6K | 754 | 390 |
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.
In light of the recent options history for Bank of America, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Where Is Bank of America Standing Right Now?
- With a trading volume of 22,941,830, the price of BAC is up by 0.43%, reaching $43.44.
- Current RSI values indicate that the stock is may be approaching overbought.
- Next earnings report is scheduled for 55 days from now.
What Analysts Are Saying About Bank of America
Over the past month, 1 industry analysts have shared their insights on this stock, proposing an average target price of $51.0.
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. * Consistent in their evaluation, an analyst from Oppenheimer keeps a Outperform rating on Bank of America with a target price of $51.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Bank of America options trades with real-time alerts from Benzinga Pro.
Latest Ratings for BAC
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Apr 2025 | Oppenheimer | Maintains | Outperform | Outperform |
| Apr 2025 | Argus Research | Maintains | Buy | Buy |
| Apr 2025 | RBC Capital | Maintains | Outperform | Outperform |
View More Analyst Ratings for BAC
View the Latest Analyst Ratings
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