BAC Options History — July 2024

In July 2024, BAC traded between $39.97 and $44.14. ATM implied volatility averaged 22.5%, placing in the 24.1% IV rank vs the trailing year. The 30-day expected move averaged 6.5%. IV traded below realized volatility by 0.2% (HV 20d: 22.7%). Max pain ranged from $37.00 to $39.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 0.76.

Notable Days

2024-07-16: Highest Volume — 529,864 contracts
2024-07-16: Largest IV drop — 11.9% change
2024-07-09: Highest IV Rank — 39.4%
2024-07-01: Largest Expected Move — 7.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$41.75	$39.97	$44.14	$39.97	$40.38
Max Pain	$37.50	$37.00	$39.00	$38.00	$38.00
ATM IV	22.5%	19.7%	25.1%	24.0%	21.7%
Expected Move	6.5%	5.6%	7.5%	7.5%	6.6%
HV 20d	22.7%	17.2%	26.8%	17.2%	25.5%
HV 60d	20.5%	18.8%	21.2%	20.5%	21.1%
IV Rank	24.1%	7.3%	39.4%	33.1%	19.4%
IV Percentile	35.2%	2.8%	68.3%	52.0%	26.6%
Term Structure	-0.1%	-0.8%	2.0%	-0.6%	2.0%
VWIV	22.9%	20.1%	26.5%	26.5%	22.7%
Skew 25d	1.7%	1.0%	2.3%	1.8%	2.3%
Skew 10d	4.1%	2.3%	6.3%	4.4%	4.6%
Call IV 25d	21.7%	19.2%	24.4%	22.9%	20.3%
Put IV 25d	23.4%	21.1%	25.7%	24.8%	22.6%
Bid-Ask Spread %	2.29	1.70	3.30	2.36	3.30
Gamma HHI	0.12	0.08	0.33	0.15	0.08
Net GEX	70.9M	23.0M	138.5M	62.3M	23.0M
Net DEX	-3.05B	-4.61B	-1.85B	-2.47B	-1.85B
Net VEX	-15.7M	-17.1M	-13.5M	-15.8M	-16.7M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.76	0.35	1.51	0.98	0.76
Total Volume	180,542.591	93,094	529,864	131,683	134,519
Total OI	3,131,397.545	2,943,236	3,412,369	2,943,236	3,183,964

Daily Data (22 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
2024-07-01	$39.97	$38.00	24.0%	7.5%	17.2%	33.1%	26.5%	1.8%	-0.6%	62.3M	-2.47B	-15.8M	0.98	2.36	66,426	65,257	1,367,491	1,575,745
2024-07-02	$40.89	$38.00	23.6%	7.4%	18.9%	31.0%	26.5%	1.8%	-0.5%	80.6M	-2.96B	-15.8M	0.58	2.40	102,940	60,202	1,384,108	1,587,368
2024-07-03	$40.91	$39.00	23.5%	7.5%	18.8%	30.1%	25.7%	1.8%	-0.6%	84.5M	-2.94B	-15.9M	0.60	2.51	80,664	48,014	1,400,066	1,607,961
2024-07-05	$40.39	$37.00	23.9%	6.6%	19.4%	32.3%	23.1%	1.5%	-0.7%	70.9M	-2.64B	-15.8M	0.94	2.25	63,932	59,866	1,431,165	1,634,422
2024-07-08	$40.59	$37.00	24.2%	6.8%	19.3%	34.2%	24.1%	1.9%	-0.1%	69.1M	-2.74B	-15.7M	0.74	2.25	53,368	39,726	1,408,241	1,606,444
2024-07-09	$41.48	$37.00	25.1%	7.0%	20.6%	39.4%	24.4%	1.1%	-0.5%	84.8M	-3.28B	-15.0M	0.67	2.17	151,582	101,774	1,421,864	1,626,580
2024-07-10	$41.59	$37.00	24.6%	6.9%	20.4%	36.4%	24.1%	1.7%	-0.3%	79.6M	-3.26B	-15.0M	0.35	2.24	135,169	47,789	1,430,394	1,664,270
2024-07-11	$41.84	$37.00	24.9%	7.0%	18.4%	38.4%	24.5%	1.3%	-0.7%	93.1M	-3.40B	-15.5M	0.67	3.16	82,323	55,014	1,465,662	1,681,502
2024-07-12	$41.61	$37.00	23.8%	6.7%	18.4%	32.0%	23.6%	1.3%	-0.6%	88.4M	-3.25B	-15.7M	0.84	1.96	118,011	98,878	1,484,349	1,703,057
2024-07-15	$41.91	$37.00	23.9%	6.8%	18.4%	32.8%	23.8%	1.1%	-0.8%	76.5M	-3.33B	-15.1M	0.64	2.24	170,676	108,774	1,425,483	1,658,220
2024-07-16	$44.14	$37.00	21.1%	6.0%	25.1%	15.8%	21.1%	1.0%	-0.2%	97.3M	-4.61B	-13.5M	0.44	1.95	367,330	162,534	1,493,602	1,707,717
2024-07-17	$43.88	$37.00	20.8%	6.0%	25.5%	13.9%	20.8%	1.1%	0.0%	98.2M	-4.46B	-14.4M	0.79	2.27	123,428	97,696	1,561,437	1,753,440
2024-07-18	$43.09	$37.00	20.7%	5.9%	26.5%	13.4%	21.9%	1.8%	0.0%	92.9M	-3.92B	-15.5M	0.84	2.06	131,691	110,129	1,580,667	1,784,876
2024-07-19	$42.95	$37.00	20.7%	5.9%	26.6%	13.6%	20.1%	1.7%	0.2%	138.5M	-3.85B	-15.6M	0.39	2.25	177,426	68,705	1,595,586	1,816,783
2024-07-22	$42.25	$37.00	20.6%	5.9%	26.8%	13.0%	20.8%	2.2%	0.4%	58.8M	-2.85B	-15.9M	0.99	2.19	95,758	94,938	1,448,878	1,577,711
2024-07-23	$42.55	$38.00	19.7%	5.6%	26.3%	7.3%	20.2%	1.9%	0.3%	63.4M	-3.01B	-15.7M	0.69	2.10	55,859	38,448	1,472,298	1,612,619
2024-07-24	$42.25	$38.00	21.3%	6.0%	25.5%	16.7%	21.1%	2.0%	0.3%	55.0M	-2.82B	-16.6M	1.51	2.25	54,588	82,580	1,488,530	1,624,361
2024-07-25	$41.86	$38.00	21.4%	6.2%	25.2%	17.4%	21.6%	2.2%	0.1%	41.6M	-2.59B	-16.3M	0.69	2.04	73,129	50,603	1,496,137	1,661,275
2024-07-26	$41.70	$38.00	20.9%	5.9%	25.3%	14.6%	21.5%	2.2%	-0.3%	33.8M	-2.48B	-17.1M	0.91	2.81	69,001	62,847	1,519,474	1,674,836
2024-07-29	$41.08	$38.00	21.7%	6.4%	25.9%	19.5%	22.5%	2.3%	0.6%	32.0M	-2.22B	-16.6M	0.89	1.70	57,604	51,095	1,473,903	1,652,847
2024-07-30	$41.14	$38.00	22.7%	6.9%	25.8%	25.0%	24.0%	2.2%	0.6%	34.9M	-2.27B	-16.7M	0.76	1.84	57,737	43,907	1,488,670	1,656,743
2024-07-31	$40.38	$38.00	21.7%	6.6%	25.5%	19.4%	22.7%	2.3%	2.0%	23.0M	-1.85B	-16.7M	0.76	3.30	76,469	58,050	1,503,448	1,680,516