BAC Options History — August 2022

In August 2022, BAC traded between $33.22 and $36.69. ATM implied volatility averaged 29.2%, placing in the 29.0% IV rank vs the trailing year. The 30-day expected move averaged 8.3%. IV traded below realized volatility by 0.8% (HV 20d: 30.1%). Max pain ranged from $33.50 to $37.00. Net GEX was positive for 11 of 23 trading days. Term structure was in contango for 14 of 23 days. Put/call ratio averaged 0.65.

Notable Days

2022-08-11: Highest Volume — 365,865 contracts
2022-08-26: Largest IV spike — 9.2% change
2022-08-30: Highest IV Rank — 42.0%
2022-08-30: Largest Expected Move — 9.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$34.72	$33.22	$36.69	$33.74	$33.88
Max Pain	$36.54	$33.50	$37.00	$33.50	$37.00
ATM IV	29.2%	26.2%	32.7%	29.4%	32.5%
Expected Move	8.3%	7.5%	9.2%	8.5%	9.1%
HV 20d	30.1%	24.6%	36.8%	36.1%	25.8%
HV 60d	33.3%	30.9%	35.5%	35.5%	31.7%
IV Rank	29.0%	17.6%	42.0%	29.7%	41.2%
IV Percentile	44.8%	21.4%	68.3%	47.6%	67.1%
Term Structure	0.1%	-0.9%	0.8%	-0.8%	0.1%
VWIV	29.5%	26.2%	33.5%	30.9%	32.1%
Skew 25d	5.6%	4.1%	7.6%	7.0%	6.9%
Skew 10d	10.9%	7.0%	14.4%	13.1%	13.6%
Call IV 25d	27.1%	24.4%	30.2%	27.1%	30.1%
Put IV 25d	32.7%	28.6%	37.0%	34.1%	37.0%
Bid-Ask Spread %	2.08	1.66	2.79	2.79	1.99
Gamma HHI	0.08	0.05	0.26	0.08	0.07
Net GEX	4.2M	-22.0M	35.6M	-5.0M	-19.9M
Net DEX	702.5M	-478.0M	1.45B	1.13B	1.45B
Net VEX	-21.9M	-23.4M	-20.5M	-21.2M	-21.3M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.65	0.29	1.22	1.22	1.11
Total Volume	193,649.652	116,517	365,865	135,608	189,163
Total OI	3,957,107	3,765,155	4,265,025	3,765,155	3,926,155

Daily Data (23 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2022-08-01	$33.74	$33.50	29.4%	8.5%	36.1%	29.7%	30.9%	7.0%	-0.8%	-5.0M	1.13B	-21.2M	1.22	2.79	60,991	74,617	1,881,475	1,883,680
2022-08-02	$33.22	$33.50	31.5%	8.9%	35.8%	37.5%	30.1%	7.6%	-0.9%	-11.4M	1.40B	-20.5M	1.12	1.93	61,978	69,519	1,905,837	1,907,047
2022-08-03	$33.74	$33.50	29.4%	8.4%	36.0%	29.6%	28.5%	7.2%	-0.8%	-902.7K	1.11B	-21.0M	0.71	1.91	96,647	68,494	1,933,251	1,937,713
2022-08-04	$33.38	$37.00	30.8%	8.7%	35.7%	34.6%	32.2%	6.6%	-0.9%	-8.7M	1.33B	-20.7M	0.63	1.81	71,701	44,816	1,965,703	1,954,215
2022-08-05	$33.96	$37.00	28.8%	8.2%	36.0%	27.4%	29.7%	6.1%	-0.4%	35.6M	963.3M	-21.5M	0.32	1.96	198,162	64,355	1,982,408	1,970,982
2022-08-08	$33.55	$37.00	29.2%	8.3%	35.8%	29.0%	29.7%	6.5%	0.1%	-262.5K	1.19B	-20.9M	0.67	1.90	102,375	69,073	1,973,455	1,936,548
2022-08-09	$33.82	$37.00	29.3%	8.4%	35.8%	29.3%	31.0%	5.9%	0.3%	3.6M	1.08B	-21.2M	0.57	2.12	80,303	46,174	1,974,156	1,935,140
2022-08-10	$35.08	$37.00	27.4%	8.0%	36.8%	22.1%	28.4%	5.0%	0.5%	26.8M	253.7M	-22.1M	0.43	2.27	253,778	108,351	2,001,052	1,951,357
2022-08-11	$35.90	$37.00	27.5%	8.0%	35.4%	22.3%	27.9%	4.1%	0.7%	27.2M	-206.0M	-23.0M	0.54	1.75	237,346	128,519	2,018,892	1,995,210
2022-08-12	$36.26	$37.00	27.0%	7.8%	28.0%	20.4%	26.7%	4.1%	0.5%	18.6M	-435.6M	-23.4M	0.69	2.27	162,524	112,729	2,070,072	2,038,257
2022-08-15	$36.23	$37.00	26.9%	7.7%	28.0%	20.0%	26.2%	4.4%	0.8%	20.2M	-193.5M	-23.1M	0.60	1.83	102,001	61,713	2,042,206	2,006,173
2022-08-16	$36.69	$37.00	26.4%	7.6%	24.6%	18.3%	26.7%	4.1%	0.7%	26.1M	-478.0M	-23.1M	0.29	2.10	192,249	55,046	2,049,568	2,043,986
2022-08-17	$36.42	$37.00	27.5%	7.9%	24.7%	22.4%	27.5%	4.3%	0.5%	27.4M	-305.9M	-23.0M	0.58	2.11	98,458	56,818	2,097,687	2,066,651
2022-08-18	$36.27	$37.00	26.2%	7.5%	24.8%	17.6%	27.5%	4.3%	0.7%	27.2M	-241.9M	-23.0M	0.55	1.66	98,465	53,829	2,134,598	2,089,729
2022-08-19	$35.47	$37.00	27.9%	7.9%	26.2%	23.7%	27.4%	4.7%	0.6%	21.0M	331.9M	-22.4M	0.84	2.23	133,810	112,075	2,158,782	2,106,243
2022-08-22	$34.59	$37.00	29.8%	8.6%	27.8%	31.2%	31.7%	5.7%	0.3%	-14.5M	1.03B	-21.7M	0.50	2.00	101,137	51,066	1,874,282	1,896,430
2022-08-23	$34.43	$37.00	30.4%	8.3%	26.7%	33.4%	29.2%	5.9%	-0.2%	-15.2M	1.09B	-21.5M	0.49	1.90	79,138	38,652	1,899,863	1,912,068
2022-08-24	$34.62	$37.00	29.4%	8.4%	25.8%	29.4%	29.7%	5.5%	-0.0%	-7.8M	998.7M	-21.7M	0.68	1.97	86,369	58,764	1,938,650	1,928,681
2022-08-25	$35.09	$37.00	29.0%	8.1%	25.4%	27.9%	28.6%	5.3%	0.2%	6.6M	721.5M	-22.2M	0.38	2.24	108,375	41,357	1,986,386	1,948,895
2022-08-26	$34.14	$37.00	31.6%	8.8%	26.8%	37.9%	30.5%	5.7%	-0.1%	-18.8M	1.23B	-21.7M	0.60	2.64	161,545	97,032	2,007,377	1,963,189
2022-08-29	$34.00	$37.00	32.2%	9.1%	26.9%	40.0%	33.5%	6.3%	0.3%	-22.0M	1.38B	-21.3M	0.42	2.10	156,605	65,117	1,910,851	1,930,043
2022-08-30	$34.11	$37.00	32.7%	9.2%	26.2%	42.0%	32.1%	6.6%	-0.0%	-18.8M	1.32B	-21.7M	1.04	2.27	70,113	72,593	1,916,034	1,962,484
2022-08-31	$33.88	$37.00	32.5%	9.1%	25.8%	41.2%	32.1%	6.9%	0.1%	-19.9M	1.45B	-21.3M	1.11	1.99	89,786	99,377	1,936,805	1,989,350