Bank of America Unusual Options Activity For June 26
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed for Bank of America (NYSE:BAC) with 26 uncommon options trades spotted, split between 53% bullish and 46% bearish. Whales have been targeting a price range of $23.0 to $42.0 for BAC over the last 3 months.
June 26, 2023 | 6:33 pm
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NEUTRAL IMPACT
Bank of America (NYSE:BAC) experiences unusual options activity with 26 uncommon trades, 53% bullish and 46% bearish. Whales target a price range of $23.0 to $42.0.
The unusual options activity for Bank of America indicates that there is significant interest from big-money traders, which could lead to increased volatility in the stock price. However, the sentiment is split between bullish and bearish, making it difficult to predict the short-term price direction.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100