Unpacking the Latest Options Trading Trends in Bank of America
Portfolio Pulse from Benzinga Insights
Recent options trading trends for Bank of America (NYSE:BAC) show a bullish sentiment among large investors, with 70% of trades being bullish. The options activity suggests a price target range of $35 to $50. The stock is currently trading at $39.6, up 0.66%, with an analyst price target of $49.
August 19, 2024 | 4:15 pm
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Options trading for Bank of America shows a bullish trend with 70% of trades being bullish. The stock is currently trading at $39.6, with a projected price target range of $35 to $50. An analyst from Morgan Stanley maintains an Overweight rating with a target price of $49.
The majority of options trades are bullish, indicating positive sentiment among large investors. The current stock price is within the projected target range, and an analyst has set a high price target, suggesting potential for upward movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100