BAC Options History — June 2023

In June 2023, BAC traded between $27.70 and $29.55. ATM implied volatility averaged 25.5%, placing in the 12.3% IV rank vs the trailing year. The 30-day expected move averaged 7.7%. IV traded above realized volatility by 2.6% (HV 20d: 22.9%). Max pain ranged from $29.00 to $30.00. Net GEX was positive for 13 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 0.71.

Notable Days

  • 2023-06-02: Highest Volume — 383,259 contracts
  • 2023-06-20: Largest IV spike — 10.3% change
  • 2023-06-28: Highest IV Rank — 19.9%
  • 2023-06-28: Largest Expected Move — 8.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.75$27.70$29.55$27.80$28.84
Max Pain$29.10$29.00$30.00$30.00$29.00
ATM IV25.5%23.2%27.7%26.2%25.1%
Expected Move7.7%7.1%8.3%7.6%7.6%
HV 20d22.9%19.4%26.2%26.1%22.2%
HV 60d28.5%25.2%34.1%33.4%25.2%
IV Rank12.3%4.8%19.9%14.6%10.9%
IV Percentile18.3%4.0%34.5%18.3%20.6%
Term Structure0.2%-1.4%2.7%-0.1%-0.8%
VWIV27.1%25.3%30.8%27.6%26.9%
Skew 25d3.8%2.8%5.5%5.5%2.8%
Skew 10d8.2%5.5%11.7%11.7%5.9%
Call IV 25d24.3%22.1%27.0%24.7%25.0%
Put IV 25d28.1%25.2%31.0%30.3%27.8%
Bid-Ask Spread %2.091.546.982.072.09
Gamma HHI0.080.070.120.090.10
Net GEX3.4M-31.9M36.1M-31.9M29.4M
Net DEX703.4M173.3M1.81B1.81B497.1M
Net VEX-20.0M-20.6M-18.9M-19.7M-20.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.710.481.270.890.50
Total Volume223,849.667154,430383,259222,926229,242
Total OI4,393,563.2383,869,4604,804,2964,729,8034,269,805

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-06-01$27.80$30.0026.2%7.6%26.1%14.6%27.6%5.5%-0.1%-31.9M1.81B-19.7M0.892.07117,738105,1882,254,0672,475,736
2023-06-02$28.76$30.0024.8%7.1%26.2%10.2%26.0%4.3%-0.6%6.4M783.8M-20.4M0.482.31259,709123,5502,273,8842,372,956
2023-06-05$28.59$29.0024.3%7.7%25.0%8.2%27.0%4.7%-0.0%-9.2M859.5M-20.0M0.921.6597,76389,9172,187,1452,245,045
2023-06-06$29.14$29.0024.0%7.6%25.7%7.4%26.7%4.6%0.0%7.7M488.4M-20.4M0.631.81158,90599,5362,207,7062,275,237
2023-06-07$29.55$29.0023.2%7.4%26.0%4.8%27.0%4.5%-0.2%22.6M173.3M-20.6M0.686.98142,37197,2092,233,7092,303,481
2023-06-08$29.27$29.0024.1%7.7%25.4%7.7%26.4%4.0%0.5%15.1M370.7M-20.5M0.801.82134,160107,7802,267,9222,321,730
2023-06-09$29.29$29.0023.9%7.7%25.4%7.2%26.2%3.6%0.3%36.1M321.0M-20.4M0.571.72126,84472,3822,324,2642,338,871
2023-06-12$29.11$29.0024.9%7.9%24.7%10.5%26.9%3.8%2.6%8.2M511.8M-20.3M0.671.54117,63679,0892,267,3252,289,960
2023-06-13$29.38$29.0024.6%7.8%23.6%9.6%26.6%3.5%2.4%22.8M275.2M-20.5M0.591.77130,16376,6012,303,3242,328,385
2023-06-14$29.16$29.0024.4%7.7%23.6%8.6%25.9%3.3%2.6%9.7M485.6M-20.0M0.921.68127,066117,4452,317,0742,351,965
2023-06-15$29.39$29.0025.0%7.8%19.4%10.6%26.8%3.3%2.7%22.7M319.4M-20.4M0.541.78162,58888,3662,350,9822,378,700
2023-06-16$29.20$29.0023.9%7.4%19.5%7.1%25.3%2.8%2.7%9.3M461.5M-20.4M0.491.66133,85065,6442,399,2112,405,085
2023-06-20$28.89$29.0026.4%7.7%19.7%15.4%26.9%4.3%-1.0%4.2M617.0M-19.8M0.621.58131,02180,9831,896,6771,972,783
2023-06-21$28.63$29.0026.7%7.7%19.9%16.5%27.2%3.3%-1.4%-2.8M764.1M-19.5M0.881.8293,86582,8151,935,1582,006,844
2023-06-22$27.98$29.0027.2%7.8%21.2%18.0%27.5%3.2%-0.7%-24.8M1.14B-19.0M0.841.96109,68591,9741,979,3532,035,615
2023-06-23$27.70$29.0027.6%8.1%20.5%19.6%28.1%3.3%-1.4%-28.5M1.29B-18.9M0.971.79139,129134,6772,018,6012,067,021
2023-06-26$28.13$29.0027.2%8.0%21.2%18.1%27.8%4.6%-0.6%-17.8M1.01B-19.4M0.521.92104,99454,1561,994,5792,074,953
2023-06-27$28.27$29.0027.3%7.9%21.2%18.5%28.0%4.2%-0.9%-10.6M923.7M-19.7M0.691.9191,60462,8262,029,3752,094,050
2023-06-28$28.05$29.0027.7%8.3%21.4%19.9%30.8%4.2%-0.7%-15.0M1.07B-19.6M1.271.9697,399123,9132,064,5402,115,845
2023-06-29$28.66$29.0026.2%8.1%22.1%14.9%28.2%2.9%-1.2%18.5M601.2M-20.0M0.502.02160,99180,0692,098,0232,137,842
2023-06-30$28.84$29.0025.1%7.6%22.2%10.9%26.9%2.8%-0.8%29.4M497.1M-20.1M0.502.09152,74976,4932,119,2182,150,587