BAC241129C00037000 Option on Bank of America
| BAC Stock | USD 47.51 0.26 0.54% |
Bank of America's latest option contracts expiring on 2024-12-06 are carrying combined implied volatility of 0.57 with a put-to-call open interest ratio of 0.59 over 69 outstanding agreements suggesting investors are buying more calls than puts on contracts expiring on 2024-12-06. The total put volume is at 18.6 K, with calls trading at the volume of 18.6 K. This yields a 1.89 put-to-call volume ratio.
Open Interest Against 2024-12-06 Option Contracts
2024-12-06
The chart above shows Bank of America's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. Bank of America's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Bank of America's option, there is no secondary market available for investors to trade.
Bank of America Maximum Pain Price across 2024-12-06 Option Contracts
Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of particular securities such as Bank of America close to expiration to expire worthless. So, Max pain occurs when market makers reach a net positive position across all options at a strike price where option holders stand to lose the most money. By contrast, Bank of America's option sellers may reap the most after selling more options than buying, causing them to expire worthless.
Bank of America's option chain provides insight into all available option contracts written on Bank of America's stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of Bank of America's stock options below provides a detailed picture of the payoff. Comparing vital and dynamic information of various option contracts across diverse expiration periods will help you make an educated decision on your market timing strategies around investing in a given Bank option contract.
In The Money vs. Out of Money Option Contracts on Bank of America
Analyzing Bank of America's in-the-money options over time can help investors to take a profitable long position in Bank of America regardless of its overall volatility. This is especially true when Bank of America's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Bank of America's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Bank of America's stock while costing only a fraction of its price.
Bank of America's stock options are financial instruments that give investors the right to buy or sell shares of Bank of America common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Bank stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Bank of America's stock price goes up or down, the stock options follow.
At present, Bank of America's Common Stock is projected to decrease significantly based on the last few years of reporting. The current year's Preferred Stock And Other Adjustments is expected to grow to about 1.6 B, whereas Total Stockholder Equity is forecasted to decline to about 166.8 B. Bank of America In The Money Call Balance
When Bank of America's strike price is surpassing the current stock price, the option contract against Bank of America stock is said to be in the money. When it comes to buying Bank of America's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on Bank of America are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.
Bank Current Options Market Mood
Bank of America's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Bank Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.
Put-to-Call Open Interest
Put-to-Call Volume
Most options investors, including buyers and sellers of Bank of America's calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Bank of America's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction.
Rule 16 of the current Bank contract
Base on the Rule 16, the options market is currently suggesting that Bank of America will have an average daily up or down price movement of about 0.0356% per day over the life of the 2024-12-06 option contract. With Bank of America trading at USD 47.51, that is roughly USD 0.0169. If you think that the market is fully incorporating Bank of America's daily price movement you should consider buying Bank of America options at the current volatility level of 0.57%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
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Purchasing Bank of America options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" Bank calls. Remember, the seller must deliver Bank of America stock to the call owner when a call is exercised.
Bank of America Option Chain
When Bank of America's strike price is surpassing the current stock price, the option contract against Bank of America stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
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Bank of America's option chain is a display of a range of information that helps investors for ways to trade options on Bank. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Bank. It also shows strike prices and maturity days for a Bank of America against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone. | Open Int | Expiration | Current Spread | Last Price | |||
Call | BAC Option Call 06-12-2024 25 | 0 | 2024-12-06 | 22.3 - 22.9 | 21.29 | In |
Call | BAC Option Call 06-12-2024 30 | 2 | 2024-12-06 | 17.3 - 17.9 | 17.92 | In |
Call | BAC Option Call 06-12-2024 32 | 3 | 2024-12-06 | 15.3 - 15.9 | 15.7 | In |
Call | BAC Option Call 06-12-2024 33 | 29 | 2024-12-06 | 14.4 - 14.9 | 14.88 | In |
Call | BAC Option Call 06-12-2024 36 | 0 | 2024-12-06 | 11.3 - 11.9 | 9.55 | In |
Call | BAC Option Call 06-12-2024 37 | 0 | 2024-12-06 | 10.45 - 10.7 | 8.4 | In |
Call | BAC Option Call 06-12-2024 38 | 36 | 2024-12-06 | 9.35 - 9.9 | 8.3 | In |
Call | BAC Option Call 06-12-2024 39 | 15 | 2024-12-06 | 8.35 - 8.7 | 8.89 | In |
Call | BAC Option Call 06-12-2024 40 | 0 | 2024-12-06 | 7.5 - 7.9 | 7.87 | In |
Call | BAC Option Call 06-12-2024 40 | 27 | 2024-12-06 | 6.8 - 7.4 | 7.2 | In |
Call | BAC Option Call 06-12-2024 41 | 83 | 2024-12-06 | 6.45 - 6.7 | 6.62 | In |
Call | BAC Option Call 06-12-2024 41 | 64 | 2024-12-06 | 5.8 - 6.4 | 6.39 | In |
Call | BAC Option Call 06-12-2024 42 | 89 | 2024-12-06 | 5.45 - 5.7 | 5.88 | In |
Call | BAC Option Call 06-12-2024 43 | 3413 | 2024-12-06 | 4.3 - 4.7 | 4.85 | In |
Call | BAC Option Call 06-12-2024 43 | 0 | 2024-12-06 | 3.95 - 4.2 | 4.33 | In |
Call | BAC Option Call 06-12-2024 44 | 0 | 2024-12-06 | 3.5 - 3.8 | 3.6 | In |
Call | BAC Option Call 06-12-2024 44 | 39 | 2024-12-06 | 2.87 - 4.0 | 3.33 | In |
Call | BAC Option Call 06-12-2024 45 | 1047 | 2024-12-06 | 2.34 - 2.69 | 2.86 | In |
Call | BAC Option Call 06-12-2024 45 | 0 | 2024-12-06 | 2.32 - 2.21 | 2.35 | In |
Call | BAC Option Call 06-12-2024 46 | 0 | 2024-12-06 | 1.38 - 1.72 | 1.6 | In |
Call | BAC Option Call 06-12-2024 46 | 0 | 2024-12-06 | 0.95 - 1.28 | 1.22 | In |
Call | BAC Option Call 06-12-2024 47 | 2758 | 2024-12-06 | 0.72 - 0.88 | 0.8 | In |
Call | BAC Option Call 06-12-2024 47 | 0 | 2024-12-06 | 0.35 - 0.52 | 0.46 | In |
Call | BAC Option Call 06-12-2024 48 | 0 | 2024-12-06 | 0.23 - 0.26 | 0.25 | |
Call | BAC Option Call 06-12-2024 48 | 497 | 2024-12-06 | 0.11 - 0.16 | 0.11 | Out |
Call | BAC Option Call 06-12-2024 49 | 7052 | 2024-12-06 | 0.06 - 0.07 | 0.06 | Out |
Call | BAC Option Call 06-12-2024 49 | 0 | 2024-12-06 | 0.03 - 0.05 | 0.04 | |
Call | BAC Option Call 06-12-2024 50 | 0 | 2024-12-06 | 0.02 - 0.03 | 0.03 | |
Call | BAC Option Call 06-12-2024 51 | 0 | 2024-12-06 | 0.01 - 0.08 | 0.01 | |
Call | BAC Option Call 06-12-2024 52 | 0 | 2024-12-06 | 0.0 - 0.03 | 0.01 | |
Call | BAC Option Call 06-12-2024 53 | 0 | 2024-12-06 | 0.0 - 0.05 | 0.01 | |
Call | BAC Option Call 06-12-2024 54 | 0 | 2024-12-06 | 0.0 - 0.05 | 0.01 | |
Call | BAC Option Call 06-12-2024 55 | 15 | 2024-12-06 | 0.0 - 0.03 | 0.03 | Out |
Call | BAC Option Call 06-12-2024 56 | 0 | 2024-12-06 | 0.0 - 0.04 | 0.01 | |
Put | BAC Option Put 06-12-2024 56 | 2 | 2024-12-06 | 8.35 - 8.8 | 8.8 | In |
Put | BAC Option Put 06-12-2024 55 | 1 | 2024-12-06 | 7.5 - 7.8 | 9.05 | In |
Put | BAC Option Put 06-12-2024 54 | 0 | 2024-12-06 | 6.35 - 8.0 | 7.3 | In |
Put | BAC Option Put 06-12-2024 53 | 2 | 2024-12-06 | 5.5 - 5.8 | 6.3 | In |
Put | BAC Option Put 06-12-2024 52 | 1 | 2024-12-06 | 4.45 - 4.8 | 4.37 | In |
Put | BAC Option Put 06-12-2024 51 | 1 | 2024-12-06 | 3.35 - 3.5 | 4.75 | In |
Put | BAC Option Put 06-12-2024 50 | 0 | 2024-12-06 | 2.34 - 2.47 | 2.36 | In |
Put | BAC Option Put 06-12-2024 49 | 2 | 2024-12-06 | 1.89 - 1.99 | 2.45 | In |
Put | BAC Option Put 06-12-2024 49 | 0 | 2024-12-06 | 1.48 - 1.8 | 1.44 | In |
Put | BAC Option Put 06-12-2024 48 | 811 | 2024-12-06 | 0.66 - 0.9 | 0.88 | In |
Put | BAC Option Put 06-12-2024 47 | 1097 | 2024-12-06 | 0.54 - 0.58 | 0.55 | Out |
Put | BAC Option Put 06-12-2024 47 | 0 | 2024-12-06 | 0.32 - 0.34 | 0.34 | |
Put | BAC Option Put 06-12-2024 46 | 0 | 2024-12-06 | 0.17 - 0.19 | 0.19 | |
Put | BAC Option Put 06-12-2024 46 | 2057 | 2024-12-06 | 0.1 - 0.11 | 0.11 | Out |
Put | BAC Option Put 06-12-2024 45 | 487 | 2024-12-06 | 0.06 - 0.07 | 0.05 | Out |
Put | BAC Option Put 06-12-2024 45 | 1528 | 2024-12-06 | 0.03 - 0.04 | 0.04 | Out |
Put | BAC Option Put 06-12-2024 44 | 80 | 2024-12-06 | 0.03 - 0.03 | 0.03 | Out |
Put | BAC Option Put 06-12-2024 44 | 0 | 2024-12-06 | 0.02 - 0.03 | 0.03 | |
Put | BAC Option Put 06-12-2024 43 | 138 | 2024-12-06 | 0.01 - 0.03 | 0.01 | Out |
Put | BAC Option Put 06-12-2024 43 | 0 | 2024-12-06 | 0.01 - 0.02 | 0.01 | |
Put | BAC Option Put 06-12-2024 42 | 0 | 2024-12-06 | 0.01 - 0.02 | 0.02 | |
Put | BAC Option Put 06-12-2024 42 | 585 | 2024-12-06 | 0.01 - 0.02 | 0.02 | Out |
Put | BAC Option Put 06-12-2024 41 | 279 | 2024-12-06 | 0.0 - 0.03 | 0.01 | Out |
Put | BAC Option Put 06-12-2024 41 | 0 | 2024-12-06 | 0.0 - 0.05 | 0.02 | |
Put | BAC Option Put 06-12-2024 40 | 0 | 2024-12-06 | 0.0 - 0.05 | 0.01 | |
Put | BAC Option Put 06-12-2024 40 | 1533 | 2024-12-06 | 0.0 - 0.05 | 0.01 | Out |
Put | BAC Option Put 06-12-2024 39 | 0 | 2024-12-06 | 0.0 - 0.04 | 0.01 | |
Put | BAC Option Put 06-12-2024 38 | 0 | 2024-12-06 | 0.0 - 0.02 | 0.01 | |
Put | BAC Option Put 06-12-2024 37 | 0 | 2024-12-06 | 0.0 - 0.03 | 0.02 | |
Put | BAC Option Put 06-12-2024 36 | 270 | 2024-12-06 | 0.0 - 0.04 | 0.02 | Out |
Put | BAC Option Put 06-12-2024 35 | 0 | 2024-12-06 | 0.0 - 0.04 | 0.02 | |
Put | BAC Option Put 06-12-2024 34 | 0 | 2024-12-06 | 0.0 - 0.0 | 0.11 | |
Put | BAC Option Put 06-12-2024 33 | 0 | 2024-12-06 | 0.0 - 0.03 | 0.01 | |
Put | BAC Option Put 06-12-2024 32 | 0 | 2024-12-06 | 0.0 - 0.01 | 0.01 | |
Put | BAC Option Put 06-12-2024 30 | 0 | 2024-12-06 | 0.0 - 0.01 | 0.01 |
Bank of America Selling And Marketing Expenses Over Time
Selling And Marketing Expenses |
| Timeline |
Bank of America Market Cap Over Time
Market Cap |
| Timeline |
Bank Total Stockholder Equity
Total Stockholder Equity |
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Bank of America Corporate Directors
| Susan Bies | Independent Director | Profile | |
| Sharon Allen | Independent Director | Profile | |
| Monica Lozano | Independent Director | Profile | |
| Jack Bovender | Lead Independent Director | Profile |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of America. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For information on how to trade Bank Stock refer to our How to Trade Bank Stock guide.You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Diversified Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bank of America. If investors know Bank will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bank of America listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.10) | Dividend Share 0.98 | Earnings Share 2.76 | Revenue Per Share 11.95 | Quarterly Revenue Growth (0.01) |
The market value of Bank of America is measured differently than its book value, which is the value of Bank that is recorded on the company's balance sheet. Investors also form their own opinion of Bank of America's value that differs from its market value or its book value, called intrinsic value, which is Bank of America's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bank of America's market value can be influenced by many factors that don't directly affect Bank of America's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bank of America's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bank of America is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bank of America's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.