BAC Options History — June 2014

In June 2014, BAC traded between $15.21 and $15.92. ATM implied volatility averaged 19.9%, placing in the 17.5% IV rank vs the trailing year. The 30-day expected move averaged 6.8%. IV traded above realized volatility by 1.0% (HV 20d: 18.8%). Max pain ranged from $15.00 to $15.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 0.42.

Notable Days

  • 2014-06-06: Highest Volume — 331,462 contracts
  • 2014-06-16: Largest IV spike — 11.6% change
  • 2014-06-16: Highest IV Rank — 29.1%
  • 2014-06-13: Largest Expected Move — 7.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$15.48$15.21$15.92$15.26$15.37
Max Pain$15.00$15.00$15.00$15.00$15.00
ATM IV19.9%17.9%21.7%18.4%20.2%
Expected Move6.8%6.6%7.0%6.9%6.8%
HV 20d18.8%16.5%21.5%21.5%16.5%
HV 60d25.3%24.9%26.1%25.6%24.9%
IV Rank17.5%5.2%29.1%8.1%19.7%
IV Percentile18.2%3.6%32.9%4.0%22.6%
Term Structure0.7%-0.7%3.6%0.0%-0.1%
VWIV24.0%23.0%24.6%23.8%23.0%
Skew 25d1.7%0.2%3.0%0.9%3.0%
Skew 10d3.7%-0.1%6.4%3.5%4.3%
Call IV 25d19.6%17.4%21.7%18.5%19.5%
Put IV 25d21.3%19.0%23.9%19.4%22.5%
Bid-Ask Spread %5.333.826.484.575.12
Gamma HHI0.190.160.260.170.19
Net GEX49.0M28.6M72.1M40.7M32.9M
Net DEX-671.0M-1.32B-311.2M-502.5M-349.7M
Net VEX-22.5M-23.7M-21.6M-21.8M-21.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.420.260.680.440.39
Total Volume181,319.667104,220331,462130,138167,920
Total OI7,528,039.1437,282,6737,813,4737,298,7507,456,142

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2014-06-02$15.26$15.0018.4%6.9%21.5%8.1%23.8%0.9%0.0%40.7M-502.5M-21.8M0.444.5790,37939,7594,427,2332,871,517
2014-06-03$15.21$15.0019.1%6.9%21.2%12.9%24.1%1.0%0.3%39.9M-453.0M-21.6M0.283.8289,33224,8244,461,2622,890,181
2014-06-04$15.21$15.0019.0%6.9%19.2%11.7%24.6%0.2%0.6%41.0M-450.2M-21.6M0.405.0674,32229,8984,493,1132,901,719
2014-06-05$15.43$15.0018.8%6.9%19.7%10.4%24.2%1.5%0.1%59.1M-746.6M-21.9M0.284.66163,11745,5624,513,8662,912,567
2014-06-06$15.59$15.0018.2%6.6%19.8%6.7%23.7%1.6%-0.5%55.2M-910.3M-22.6M0.265.46263,34868,1144,539,6592,940,613
2014-06-09$15.84$15.0018.9%6.8%19.5%11.2%24.0%1.9%2.1%64.2M-1.23B-23.6M0.465.98186,45785,1604,538,1222,913,085
2014-06-10$15.92$15.0017.9%6.8%18.3%5.2%24.2%1.1%1.9%68.0M-1.32B-23.7M0.425.54120,50451,0124,548,5182,963,587
2014-06-11$15.59$15.0019.1%6.8%20.0%12.8%23.8%1.6%1.9%52.6M-842.4M-23.4M0.395.10143,90155,9864,573,1922,985,969
2014-06-12$15.42$15.0019.6%7.0%19.9%15.8%24.1%0.9%2.7%41.5M-636.2M-22.5M0.685.32107,55772,6464,608,5783,002,809
2014-06-13$15.44$15.0019.4%7.0%18.2%14.6%24.3%2.0%3.6%36.9M-626.2M-23.0M0.525.97120,62263,1494,639,3023,022,941
2014-06-16$15.28$15.0021.7%7.0%18.7%29.1%24.3%2.3%-0.7%28.6M-424.6M-22.7M0.545.3697,68652,5464,602,8723,009,094
2014-06-17$15.59$15.0021.3%6.9%19.5%26.5%23.9%2.0%0.9%51.2M-827.0M-23.5M0.375.56152,13655,9944,635,3013,027,898
2014-06-18$15.65$15.0020.5%6.9%18.9%21.9%24.6%1.6%1.1%65.2M-919.6M-23.4M0.334.78188,20862,3694,684,8623,051,932
2014-06-19$15.55$15.0020.3%6.8%19.2%20.4%23.9%1.5%0.9%71.6M-777.5M-22.6M0.406.4880,01631,7314,729,1243,074,607
2014-06-20$15.45$15.0021.1%6.9%19.5%25.3%23.7%1.5%-0.5%72.1M-548.6M-22.7M0.285.66137,76139,1074,725,3783,088,095
2014-06-23$15.64$15.0020.1%6.6%19.8%19.0%23.8%1.9%0.3%45.5M-789.8M-22.3M0.585.51148,89486,4634,371,9272,910,746
2014-06-24$15.49$15.0020.9%6.8%16.6%24.5%23.8%1.8%-0.2%42.8M-560.1M-22.3M0.525.62115,58959,9284,436,0592,974,641
2014-06-25$15.47$15.0020.6%6.9%16.5%22.0%23.6%2.9%0.2%42.4M-483.3M-22.5M0.405.24119,51647,4464,474,8843,002,033
2014-06-26$15.41$15.0021.4%6.9%16.6%27.4%24.2%2.3%-0.2%44.9M-380.2M-21.9M0.445.4388,41038,8584,505,8953,018,266
2014-06-27$15.33$15.0020.6%6.9%16.7%22.2%23.3%2.3%-0.0%32.3M-311.2M-21.8M0.355.59104,92436,5624,532,1823,029,051
2014-06-30$15.37$15.0020.2%6.8%16.5%19.7%23.0%3.0%-0.1%32.9M-349.7M-21.8M0.395.12120,40047,5204,460,7192,995,423