BAC Options History — August 2024

In August 2024, BAC traded between $36.59 and $40.66. ATM implied volatility averaged 24.1%, placing in the 33.5% IV rank vs the trailing year. The 30-day expected move averaged 6.9%. IV traded below realized volatility by 5.1% (HV 20d: 29.2%). Max pain ranged from $37.00 to $38.00. Net GEX was positive for 19 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 0.87.

Notable Days

2024-08-02: Highest Volume — 321,764 contracts
2024-08-02: Largest IV spike — 23.7% change
2024-08-05: Highest IV Rank — 100.0%
2024-08-05: Largest Expected Move — 9.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$38.84	$36.59	$40.66	$39.38	$40.66
Max Pain	$37.59	$37.00	$38.00	$38.00	$38.00
ATM IV	24.1%	19.7%	35.4%	24.0%	19.8%
Expected Move	6.9%	5.7%	9.8%	7.4%	5.8%
HV 20d	29.2%	18.7%	33.6%	26.9%	18.7%
HV 60d	24.7%	21.7%	25.3%	21.7%	24.5%
IV Rank	33.5%	7.6%	100.0%	32.9%	8.0%
IV Percentile	46.7%	3.6%	100.0%	54.8%	4.0%
Term Structure	-0.3%	-2.7%	0.7%	0.7%	0.6%
VWIV	24.6%	19.9%	35.2%	25.2%	20.2%
Skew 25d	4.4%	2.6%	9.7%	2.9%	2.6%
Skew 10d	9.7%	5.4%	19.8%	8.0%	5.4%
Call IV 25d	22.2%	18.9%	31.7%	22.3%	19.1%
Put IV 25d	26.6%	21.8%	41.4%	25.2%	21.8%
Bid-Ask Spread %	2.66	2.19	3.22	2.23	2.73
Gamma HHI	0.08	0.06	0.10	0.06	0.09
Net GEX	27.0M	-13.0M	77.8M	4.4M	71.0M
Net DEX	-1.19B	-2.31B	33.7M	-1.28B	-2.31B
Net VEX	-18.1M	-19.1M	-17.1M	-17.5M	-17.1M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.87	0.33	2.00	0.78	0.62
Total Volume	152,657.682	77,532	321,764	223,285	152,095
Total OI	3,238,980.409	2,981,547	3,442,935	3,226,569	3,238,668

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
2024-08-01	$39.38	$38.00	24.0%	7.4%	26.9%	32.9%	25.2%	2.9%	0.7%	4.4M	-1.28B	-17.5M	0.78	2.23	125,319	97,966	1,532,796	1,693,773
2024-08-02	$37.33	$38.00	29.6%	9.0%	32.4%	66.8%	30.3%	6.2%	-2.2%	-12.6M	-235.6M	-18.0M	1.09	2.75	153,657	168,107	1,560,770	1,698,521
2024-08-05	$36.59	$37.00	35.4%	9.8%	32.7%	100.0%	35.2%	9.7%	-2.7%	-13.0M	33.7M	-19.1M	1.23	3.00	133,711	164,021	1,523,447	1,687,353
2024-08-06	$37.13	$37.00	29.3%	8.2%	32.0%	63.8%	30.1%	6.4%	-0.9%	-5.6M	-250.6M	-18.7M	0.90	2.88	69,693	62,951	1,569,110	1,741,156
2024-08-07	$37.41	$37.00	30.5%	8.5%	32.2%	71.0%	28.2%	7.1%	-0.5%	2.0M	-486.4M	-18.8M	0.84	2.96	115,522	97,595	1,586,258	1,750,394
2024-08-08	$38.31	$37.00	28.0%	7.8%	33.6%	56.3%	28.8%	6.5%	-0.4%	17.0M	-967.9M	-18.9M	1.23	2.77	56,320	69,289	1,603,088	1,773,803
2024-08-09	$38.22	$37.00	26.1%	7.3%	33.6%	45.3%	27.8%	5.7%	-0.2%	19.1M	-934.1M	-18.3M	2.00	2.51	54,122	108,024	1,614,216	1,778,727
2024-08-12	$38.03	$37.00	25.8%	7.2%	33.4%	43.5%	28.8%	5.7%	-0.4%	5.0M	-741.3M	-18.5M	1.10	2.48	70,699	77,864	1,561,783	1,736,891
2024-08-13	$38.38	$37.00	24.7%	7.1%	26.5%	37.0%	27.6%	4.6%	-0.1%	12.4M	-963.4M	-18.2M	1.55	2.61	34,315	53,105	1,585,534	1,769,375
2024-08-14	$38.86	$37.00	22.3%	6.4%	27.4%	22.6%	22.9%	4.6%	0.1%	21.4M	-1.24B	-18.3M	0.60	2.82	49,193	29,377	1,598,499	1,786,011
2024-08-15	$39.05	$37.00	21.1%	6.0%	27.2%	15.3%	20.5%	3.6%	0.1%	29.1M	-1.39B	-18.0M	0.73	2.34	80,143	58,631	1,618,739	1,797,987
2024-08-16	$39.31	$38.00	20.9%	6.0%	27.5%	14.4%	20.7%	3.1%	-0.2%	30.3M	-1.57B	-17.7M	0.69	2.32	58,626	40,358	1,631,316	1,811,619
2024-08-19	$39.70	$38.00	19.7%	5.7%	27.6%	7.6%	19.9%	3.8%	0.1%	40.3M	-1.58B	-17.1M	0.52	2.19	50,880	26,652	1,386,637	1,594,910
2024-08-20	$38.70	$38.00	21.6%	6.2%	28.4%	18.4%	21.4%	3.2%	-0.5%	18.7M	-1.03B	-18.0M	0.48	2.60	108,984	52,679	1,409,660	1,606,067
2024-08-21	$38.70	$38.00	21.9%	6.3%	28.4%	20.4%	23.1%	3.4%	-0.5%	25.0M	-1.12B	-17.4M	1.16	2.57	61,477	71,295	1,451,233	1,622,742
2024-08-22	$39.20	$38.00	22.8%	6.5%	29.0%	25.5%	23.8%	3.2%	-0.1%	39.8M	-1.40B	-17.8M	0.62	2.82	84,189	52,430	1,467,353	1,656,560
2024-08-23	$39.75	$38.00	21.2%	6.1%	29.6%	16.3%	20.9%	2.7%	-0.3%	53.7M	-1.67B	-18.1M	0.33	2.91	176,929	58,175	1,476,135	1,664,491
2024-08-26	$39.94	$38.00	21.3%	6.1%	29.4%	17.0%	21.6%	3.3%	-0.1%	52.6M	-1.75B	-17.6M	0.62	2.45	59,133	36,940	1,476,791	1,638,285
2024-08-27	$39.66	$38.00	21.1%	6.2%	29.4%	15.9%	21.0%	3.2%	0.4%	46.1M	-1.59B	-17.6M	0.52	2.82	51,940	26,758	1,496,618	1,656,396
2024-08-28	$39.97	$38.00	21.9%	6.3%	28.9%	20.6%	22.4%	3.1%	0.4%	60.0M	-1.74B	-18.1M	0.73	2.57	82,110	60,344	1,507,756	1,672,618
2024-08-29	$40.14	$38.00	21.4%	6.2%	27.4%	17.7%	21.1%	2.8%	0.4%	77.8M	-1.88B	-18.3M	0.68	3.22	69,350	47,501	1,532,258	1,691,225
2024-08-30	$40.66	$38.00	19.8%	5.8%	18.7%	8.0%	20.2%	2.6%	0.6%	71.0M	-2.31B	-17.1M	0.62	2.73	94,117	57,978	1,539,175	1,699,493