BAC Options History — October 2019

In October 2019, BAC traded between $27.69 and $32.00. ATM implied volatility averaged 24.3%, placing in the 23.5% IV rank vs the trailing year. The 30-day expected move averaged 7.0%. IV traded above realized volatility by 0.9% (HV 20d: 23.4%). Max pain ranged from $28.00 to $30.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 7 of 23 days. Put/call ratio averaged 0.72.

Notable Days

  • 2019-10-15: Highest Volume — 575,659 contracts
  • 2019-10-08: Largest IV spike — 12.7% change
  • 2019-10-03: Highest IV Rank — 46.4%
  • 2019-10-02: Largest Expected Move — 9.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$29.89$27.69$32.00$28.49$31.19
Max Pain$28.57$28.00$30.00$28.00$30.00
ATM IV24.3%19.2%30.5%28.0%20.9%
Expected Move7.0%5.4%9.1%8.4%5.9%
HV 20d23.4%19.1%26.7%26.1%20.0%
HV 60d28.3%25.9%29.6%27.8%25.9%
IV Rank23.5%4.8%46.4%37.1%11.2%
IV Percentile45.4%4.0%90.1%81.0%17.9%
Term Structure-0.2%-1.3%1.4%-0.5%1.4%
VWIV24.4%20.3%32.0%28.4%21.2%
Skew 25d4.8%3.8%6.4%5.9%4.1%
Skew 10d9.6%6.8%12.7%12.3%8.6%
Call IV 25d22.3%17.9%27.5%25.4%18.9%
Put IV 25d27.1%22.2%33.7%31.3%23.0%
Bid-Ask Spread %2.181.863.662.152.09
Gamma HHI0.120.080.260.090.12
Net GEX79.5M5.3M197.4M24.1M74.2M
Net DEX-1.38B-2.83B244.8M-263.7M-1.91B
Net VEX-17.2M-17.9M-16.4M-17.8M-17.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.720.361.230.621.06
Total Volume220,875.56595,544575,659132,510258,360
Total OI4,119,502.4353,922,4424,351,9263,960,5244,223,069

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-10-01$28.49$28.0028.0%8.4%26.1%37.1%28.4%5.9%-0.5%24.1M-263.7M-17.8M0.622.1581,55950,9512,138,2451,822,279
2019-10-02$27.89$28.0029.8%9.1%26.7%43.9%32.0%5.7%-0.7%9.2M115.4M-17.3M1.022.6291,19692,6822,170,1131,832,109
2019-10-03$27.74$29.0030.5%8.2%25.2%46.4%28.9%6.3%-0.6%5.3M236.8M-17.2M0.822.04121,52999,7982,205,6051,848,488
2019-10-04$28.30$28.0026.6%7.7%25.1%32.2%25.8%5.2%-0.3%28.0M-239.8M-17.6M0.521.94102,82353,4032,272,9881,891,580
2019-10-07$28.36$28.0026.8%7.8%21.1%32.8%26.0%5.3%0.7%29.5M-259.8M-17.5M0.582.0460,57834,9662,203,5541,860,210
2019-10-08$27.69$28.0030.2%8.3%21.1%45.3%29.1%6.4%-1.3%7.1M244.8M-17.2M1.182.2997,840115,0572,225,7941,870,777
2019-10-09$27.95$28.0028.2%8.0%21.5%38.0%27.1%5.6%-0.3%11.6M56.3M-17.2M0.552.2474,96640,8702,248,2991,886,963
2019-10-10$28.47$28.0028.5%8.3%22.1%39.2%27.4%5.3%0.6%40.7M-407.5M-17.9M0.642.16113,71872,7902,271,4721,889,056
2019-10-11$29.10$28.0026.8%7.6%23.0%32.9%25.6%5.3%-0.5%89.2M-954.1M-17.7M0.603.66215,807128,9362,278,1251,911,379
2019-10-14$29.11$28.0026.1%7.4%23.0%30.2%26.6%5.2%0.1%63.7M-880.5M-17.6M0.812.3271,92958,4802,232,6651,840,146
2019-10-15$29.88$28.0024.1%6.9%24.9%22.9%24.5%3.8%-0.2%94.1M-1.60B-17.4M0.552.12370,719204,9402,261,1841,861,755
2019-10-16$30.26$28.0022.6%6.5%25.2%17.2%22.2%4.1%-0.5%121.2M-1.93B-17.3M0.361.90328,762118,9232,322,3451,930,959
2019-10-17$30.28$29.0021.9%6.3%25.1%14.9%22.9%4.5%-0.5%108.9M-1.82B-17.3M0.491.88171,19284,3582,340,8801,975,695
2019-10-18$30.47$29.0022.1%6.4%25.1%15.5%21.3%5.1%-1.1%197.4M-2.02B-17.4M0.431.88129,18855,3142,356,3541,995,572
2019-10-21$31.07$29.0022.0%6.3%25.8%15.3%22.9%4.4%-0.6%103.7M-2.14B-17.2M0.682.21147,948100,9152,103,4591,818,983
2019-10-22$31.15$29.0022.6%6.5%23.8%17.3%22.7%4.3%-0.8%109.5M-2.22B-17.3M0.712.34112,55479,5312,139,0181,868,283
2019-10-23$31.34$29.0021.3%6.0%23.5%12.7%22.9%4.5%-0.5%116.3M-2.39B-17.1M0.811.9277,83962,9562,164,9811,894,759
2019-10-24$31.38$29.0020.2%5.7%23.3%8.5%20.8%4.2%-0.4%124.5M-2.43B-17.1M1.232.2666,26581,3972,181,0131,923,079
2019-10-25$31.78$29.0019.2%5.4%23.6%4.8%21.0%4.3%-0.2%128.2M-2.83B-16.6M0.722.09146,380105,9302,201,3511,951,840
2019-10-28$31.94$29.0020.0%5.7%23.4%7.8%22.0%3.9%0.8%117.7M-2.77B-16.4M0.852.08114,96497,5272,127,3751,918,048
2019-10-29$32.00$29.0019.8%5.7%20.6%7.0%20.3%4.1%0.9%118.9M-2.82B-16.4M0.851.8695,15081,0412,149,7891,956,274
2019-10-30$31.62$29.0020.1%5.8%19.1%8.0%20.3%3.9%1.2%104.5M-2.40B-17.1M0.572.14132,95275,1552,179,1372,003,507
2019-10-31$31.19$30.0020.9%5.9%20.0%11.2%21.2%4.1%1.4%74.2M-1.91B-17.2M1.062.09125,601132,7592,195,9252,027,144