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2025-01-20
Whales with a lot of money to spend have taken a noticeably bearish stance on Bank of America . Looking at options history for Bank of America BAC we detected 34 trades. If we consider the specifics of each trade, it is accurate to state that 38% of the investors opened trades with bullish expectations and 61% with bearish. From the overall spotted trades, 11 are puts, for a total amount of $991,182 and 23, calls, for a total amount of $1,983,979. Projected Price Targets After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $39.0 and $55.0 for Bank of America, spanning the last three months. Volume & Open Interest Development Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Bank of America's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Bank of America's substantial trades, within a strike price spectrum from $39.0 to $55.0 over the preceding 30 days. Bank of America 30-Day Option Volume & Interest Snapshot Biggest Options Spotted: Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume BAC PUT SWEEP BEARISH 01/16/26 $1.89 $1.85 $1.89 $40.00 $472.7K 27.2K 497 BAC CALL SWEEP BEARISH 12/20/24 $1.25 $1.22 $1.24 $47.00 $368.0K 30.8K 5.2K BAC CALL SWEEP BEARISH 12/20/24 $1.24 $1.21 $1.23 $47.00 $256.7K 30.8K 11.7K BAC CALL SWEEP BEARISH 12/20/24 $1.23 $1.22 $1.22 $47.00 $155.4K 30.8K 4.7K BAC CALL SWEEP BULLISH 12/20/24 $0.58 $0.56 $0.58 $48.50 $120.2K 1.9K 10.6K About Bank of America Bank of America is one of the largest financial institutions in the United States, with more than $3.0 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. Following our analysis of the options activities associated with Bank of America, we pivot to a closer look at the company's own performance. Where Is Bank of America Standing Right Now? With a volume of 13,458,434, the price of BAC is up 0.87% at $47.41. RSI indicators hint that the underlying stock may be overbought. Next earnings are expected to be released in 52 days. What Analysts Are Saying About Bank of America Over the past month, 3 industry analysts have shared their insights on this stock, proposing an average target price of $55.333333333333336. 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 .* An analyst from Wells Fargo persists with their Overweight rating on Bank of America, maintaining a target price of $56. * An analyst from Oppenheimer persists with their Outperform rating on Bank of America, maintaining a target price of $56. * Showing optimism, an analyst from Citigroup upgrades its rating to Buy with a revised price target of $54. 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. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.CP NewsAlert: B.C. NDP government, Greens reach 'shared priorities' agreementDisney’s streaming business now profitable, possibly signaling a turning point60 jili

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Guard Dion Brown will try to help Boston College get back on track at home Saturday when the Eagles welcome Fairleigh Dickinson to Chestnut Hill, Mass. Brown scored a season-high 20 points last Saturday but the Eagles (7-5) still ended up on the wrong end of a 103-77 blowout against SMU. It marked Boston College's third loss in its past four home games. Even though his team is in a rut, Brown is optimistic heading into the meeting with the Knights (4-10). "My mental (approach) going into each and every game is the same no matter how I play," Brown said following the loss to the Mustangs. "So, hopefully, next game, if God wills it, I can come out and do the same thing next time." Brown has good reason to feel confident against FDU. The Knights have yet to win on the road, going 0-9 outside of Hackensack, N.J. Last Saturday they were in Minneapolis, where Minnesota beat them 74-60. Ahmed Barba-Bey finished with 15 points in the setback, while Jo'el Emanuel recorded a double-double (14 points, 11 rebounds). While it hasn't been the start to the season that Knights coach Jack Castleberry would have liked, he is hoping that the gauntlet of a nonconference schedule that includes Miami, then-No. 15 Creighton, Nebraska, Villanova and Minnesota in addition to Boston College will have his team has had to well-prepared for Northeast Conference action. The Knights open conference play on Jan. 5. "Our nonconference schedule is pretty ridiculous this year, and I think that's all preparation for when we're playing teams in our league," Castleberry said after an 86-72 loss to Villanova on Dec. 11. "We go to La Salle ... and then we come back and play Minnesota and Boston College and start conference play, and that's after playing Creighton and Nebraska. "So, I think we're prepared to see the highest level of competition." Terrence Brown has been leading the way for Fairleigh Dickinson, posting 21.2 points and 5.9 rebounds per game. Donald Hand Jr. averages a team-high 14.2 points for the Eagles. --Field Level Media

The year in money: inflation eased, optimism ticked upwardNew York Jets interim coach Jeff Ulbrich said Aaron Rodgers “absolutely” will remain the team's starting quarterback and start Sunday against the Seattle Seahawks. Rodgers, who turns 41 next Monday, has been hampered at times during the Jets' 3-8 start by various injuries to his left leg, including a sore knee, sprained ankle and balky hamstring. Ulbrich said Monday the quarterback came back from the team's bye-week break ready to go. “All I can say, and you'd have to ask Aaron if he's fully healthy, but he's better off today than he's been as of late,” Ulbrich said. "So he's definitely feeling healthier than he has probably for the past month. A healthy Aaron Rodgers is the Aaron Rodgers we all love. “So, I'm excited about what that looks like.” NFL Network reported on Sunday that Rodgers, who missed all but four snaps last season with a torn left Achilles tendon , has declined having medical scans on his injured leg so he can continue to play. “I have not been informed of that, either way,” Ulbrich said. Rodgers suffered what NFL Network reported was a “significant” hamstring injury against Denver in Week 4. He then sprained his left ankle against Minnesota in London a week later. The four-time MVP has not been able to consistently move around during games as he has in the past, when extending plays and making things happen on the run became such a big part of his game. Rodgers said leading into New York's 28-27 loss to Indianapolis last Sunday that it was the healthiest he felt in a while. But he struggled against the Colts, finishing 22 of 29 for 184 yards after a brutally slow start during which he went 9 of 13 for just 76 yards. The Athletic reported last week that owner Woody Johnson broached the idea during a meeting with the coaching staff of having the banged-up Rodgers sit after the Jets' loss to Denver in Week 4. With Rodgers' struggles and perhaps compromised health the past few games, a hot debate on social media and sports talk shows during the past week has been whether the quarterback should take a seat in favor of Tyrod Taylor. But when asked if there has been any talk of shutting down Rodgers, Ulbrich replied flatly: “There has not.” In a follow-up question, the interim coach was asked if Rodgers will, in fact, be the Jets' starting quarterback at home Sunday against the Seahawks. “Absolutely,” Ulbrich said. He added that he didn't feel the need to sit down with Rodgers and address all the reports and chatter outside the facility. “No, I feel like we are on the same page,” the coach said. Last week, Ulbrich said he and his staff would take “a deep dive” into what the team could do better after losing seven of its past eight and being on the verge of missing the postseason for the 14th consecutive year. Ulbrich opted not to make any changes to the coaching responsibilities of his staff and he will continue to run the defense as the coordinator. He also said there would not be any personnel changes coming out of the bye, barring injuries. “But definitely, we created a really clear vision of where we need to improve and found some things,” Ulbrich said. “Obviously, you find the things that you’re not doing well, you need to improve upon them, but then also found some some things that I think we can really build upon. So I was excited in both ways.” Johnson fired general manager Joe Douglas last Tuesday, six weeks after he also dismissed coach Robert Saleh. On Monday, the team announced it would be assisted by The 33rd Team , a football media, analytics and consulting group founded by former Jets GM Mike Tannenbaum, in its searches for a general manager and coach. Ulbrich insisted that isn't creating an awkward situation for him, in particular, as he and his staff focus on the present while the organization begins planning for the future. “In all honesty, it’s not at all,” Ulbrich said. “My singular focus is just finishing the season off the right way, playing a brand of football we’re all proud of, myself included. And that starts with Seattle.” Injuries LB C.J. Mosley said he's “progressing” in his return from a herniated disk in his neck, but is still uncertain about his availability for Sunday. Mosley said Monday was the first time he put on a helmet since the injury occurred during pregame warmups against New England on Oct. 27. ... Ulbrich said the team is still evaluating LT Tyron Smith, who missed the game against Indianapolis with a neck ailment. ___ AP NFL: https://apnews.com/hub/nfl Dennis Waszak Jr., The Associated Press

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