BAC Options History — June 2021

In June 2021, BAC traded between $38.84 and $43.31. ATM implied volatility averaged 25.8%, placing in the 7.7% IV rank vs the trailing year. The 30-day expected move averaged 7.5%. IV traded above realized volatility by 6.4% (HV 20d: 19.3%). Max pain ranged from $32.00 to $41.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 0.53.

Notable Days

  • 2021-06-02: Highest Volume — 1,371,123 contracts
  • 2021-06-04: Largest IV drop — 10.0% change
  • 2021-06-18: Highest IV Rank — 21.4%
  • 2021-06-18: Largest Expected Move — 8.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$41.53$38.84$43.31$42.88$41.17
Max Pain$39.82$32.00$41.00$32.00$41.00
ATM IV25.8%23.4%30.0%24.7%26.4%
Expected Move7.5%6.5%8.6%6.6%7.9%
HV 20d19.3%14.0%25.8%16.4%25.8%
HV 60d20.7%18.8%21.7%21.3%21.7%
IV Rank7.7%0.3%21.4%3.6%11.4%
IV Percentile9.9%0.4%23.8%2.0%15.9%
Term Structure0.3%-1.0%2.5%-0.5%-0.2%
VWIV26.6%22.4%30.5%22.9%27.5%
Skew 25d1.9%0.8%3.2%2.1%1.4%
Skew 10d4.5%2.2%6.4%4.6%3.5%
Call IV 25d25.5%22.5%29.9%24.4%26.1%
Put IV 25d27.4%23.7%32.6%26.6%27.6%
Bid-Ask Spread %2.541.899.331.972.06
Gamma HHI0.100.070.180.100.12
Net GEX75.4M2.0M121.6M111.8M86.7M
Net DEX-2.60B-4.59B-724.0M-4.59B-2.51B
Net VEX-16.7M-18.0M-14.1M-14.1M-17.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.530.070.800.520.51
Total Volume313,779.5136,2761,371,123198,490191,827
Total OI3,332,237.7273,078,9593,731,7433,330,2103,283,661

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-06-01$42.88$32.0024.7%6.6%16.4%3.6%22.9%2.1%-0.5%111.8M-4.59B-14.1M0.521.97130,48268,0081,783,2251,546,985
2021-06-02$42.97$32.0025.1%6.5%16.3%4.9%22.4%2.1%-0.7%121.6M-4.52B-14.9M0.072.231,275,82795,2961,796,3321,578,109
2021-06-03$43.30$40.0026.0%7.8%15.9%7.0%28.0%3.1%-0.4%115.7M-3.33B-16.1M0.512.00221,450112,8881,521,2241,614,170
2021-06-04$43.31$40.0023.4%7.3%15.6%0.3%25.8%3.2%-1.0%114.6M-3.49B-15.2M0.593.31159,18693,8631,586,3981,669,270
2021-06-07$43.11$40.0023.9%7.3%15.6%1.8%26.2%2.6%1.8%100.9M-3.26B-16.6M0.722.0879,35656,9201,567,4011,632,448
2021-06-08$42.99$40.0023.9%7.3%15.7%1.5%25.8%1.7%1.6%105.4M-3.27B-15.5M0.641.92127,17681,7581,594,0561,669,605
2021-06-09$42.34$40.0025.0%7.7%15.2%4.4%26.8%2.2%2.5%77.6M-2.72B-16.7M0.572.08183,357104,9621,637,4171,710,809
2021-06-10$41.77$40.0024.0%7.3%15.8%1.9%25.6%1.2%1.7%60.7M-2.42B-16.2M0.462.10181,29682,8551,687,7231,751,582
2021-06-11$41.75$41.0023.4%7.1%14.0%0.3%24.9%1.2%2.0%109.9M-2.31B-16.7M0.672.18142,79095,5011,767,6401,771,218
2021-06-14$41.23$41.0025.2%7.4%14.3%5.0%25.8%1.5%-0.3%54.6M-2.14B-16.5M0.431.89156,93767,5611,669,0361,722,464
2021-06-15$41.43$41.0025.5%7.4%14.0%6.1%26.1%1.5%-0.6%67.2M-2.31B-16.2M0.571.93145,05583,3171,723,6711,752,802
2021-06-16$41.75$41.0026.3%7.5%14.2%9.1%26.8%0.8%-0.2%86.5M-2.55B-16.6M0.773.03196,968150,7031,735,9611,784,879
2021-06-17$39.81$41.0027.4%7.9%21.5%12.9%27.8%2.3%-0.2%2.0M-1.25B-17.2M0.532.33316,338166,4521,753,6621,835,552
2021-06-18$38.84$41.0030.0%8.6%22.7%21.4%30.5%2.7%0.1%6.5M-724.0M-18.0M0.802.18251,451200,4631,860,5901,871,153
2021-06-21$39.66$41.0027.6%8.0%23.7%13.8%28.1%2.3%-0.6%31.1M-1.54B-18.0M0.472.30182,85986,3671,596,9461,482,013
2021-06-22$40.05$40.0026.8%7.7%24.0%11.0%27.2%1.5%0.0%44.3M-1.82B-17.6M0.552.31157,31186,0221,645,3521,518,112
2021-06-23$40.33$40.0026.2%7.5%23.8%9.4%26.8%1.5%-0.0%51.9M-2.04B-17.7M0.622.2394,30358,0111,679,8821,559,550
2021-06-24$40.90$41.0027.4%8.0%24.5%13.2%28.1%1.2%-0.1%66.4M-2.45B-17.7M0.412.22169,55269,5251,693,0031,579,238
2021-06-25$41.74$41.0025.8%7.5%25.5%7.9%26.4%2.2%1.1%92.2M-3.10B-17.4M0.399.33234,05490,9211,708,4341,602,443
2021-06-28$41.45$41.0026.7%8.0%25.6%11.0%28.1%1.5%-0.0%81.5M-2.67B-17.4M0.422.01123,10551,8331,646,9951,505,940
2021-06-29$40.87$41.0026.3%7.8%25.6%10.9%27.6%1.1%-0.1%69.3M-2.29B-17.5M0.362.15205,77973,4641,685,8511,526,428
2021-06-30$41.17$41.0026.4%7.9%25.8%11.4%27.5%1.4%-0.2%86.7M-2.51B-17.8M0.512.06127,08864,7391,727,0001,556,661