BAC Options History — October 2024

In October 2024, BAC traded between $39.14 and $42.86. ATM implied volatility averaged 27.6%, placing in the 53.9% IV rank vs the trailing year. The 30-day expected move averaged 8.2%. IV traded above realized volatility by 3.4% (HV 20d: 24.2%). Max pain ranged from $39.00 to $40.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 8 of 23 days. Put/call ratio averaged 0.92.

Notable Days

  • 2024-10-11: Highest Volume — 385,066 contracts
  • 2024-10-07: Largest IV spike — 11.3% change
  • 2024-10-07: Highest IV Rank — 83.5%
  • 2024-10-31: Largest Expected Move — 9.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$41.41$39.14$42.86$39.28$42.00
Max Pain$39.22$39.00$40.00$39.00$40.00
ATM IV27.6%23.9%32.6%28.3%28.7%
Expected Move8.2%6.9%9.4%9.0%9.4%
HV 20d24.2%19.4%27.2%24.1%25.9%
HV 60d25.0%22.5%25.9%25.8%22.5%
IV Rank53.9%31.9%83.5%57.8%60.5%
IV Percentile80.9%49.6%98.4%90.1%94.8%
Term Structure-0.1%-1.4%2.6%1.6%-0.2%
VWIV28.9%23.7%32.6%30.8%32.6%
Skew 25d3.3%2.2%4.3%4.0%2.6%
Skew 10d7.2%4.5%16.5%16.5%7.7%
Call IV 25d26.0%22.5%30.8%25.8%27.5%
Put IV 25d29.3%25.3%35.1%29.8%30.1%
Bid-Ask Spread %2.462.143.792.702.37
Gamma HHI0.100.070.210.070.09
Net GEX72.0M32.7M145.9M37.5M49.6M
Net DEX-2.22B-3.30B-1.19B-1.20B-2.14B
Net VEX-16.7M-17.5M-15.9M-17.4M-17.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.920.471.570.751.07
Total Volume137,260.78350,956385,06686,966100,134
Total OI3,076,229.6092,913,2783,361,2272,913,2783,159,995

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-10-01$39.28$39.0028.3%9.0%24.1%57.8%30.8%4.0%1.6%37.5M-1.20B-17.4M0.752.7049,62037,3461,432,6981,480,580
2024-10-02$39.14$39.0028.3%9.4%24.1%57.9%32.3%4.0%2.2%35.4M-1.19B-17.0M1.072.3844,34347,5061,451,9281,503,561
2024-10-03$39.16$39.0030.3%9.1%24.1%70.0%30.9%3.9%2.2%32.7M-1.20B-17.1M1.162.5144,39751,4391,463,3291,521,441
2024-10-04$40.17$39.0029.3%8.6%21.2%64.0%30.5%3.7%2.6%55.2M-1.84B-16.8M0.562.46105,90958,9001,472,0321,531,181
2024-10-07$39.95$39.0032.6%9.2%20.2%83.5%31.9%4.3%-0.8%47.8M-1.62B-16.9M0.692.4149,01534,0211,430,4621,512,013
2024-10-08$40.00$39.0032.6%9.1%20.1%83.1%32.2%4.0%-1.1%51.7M-1.65B-16.8M0.882.3327,10223,8541,445,7981,521,246
2024-10-09$40.19$39.0032.3%9.0%19.4%81.4%31.7%3.8%-1.0%57.6M-1.75B-16.7M1.112.8842,55047,3511,457,0581,533,357
2024-10-10$39.84$39.0032.5%9.1%19.6%82.9%30.4%3.7%-1.0%47.8M-1.56B-16.6M1.292.5741,38253,3901,469,1671,553,679
2024-10-11$42.05$39.0028.9%8.2%27.0%61.5%28.7%4.2%0.3%123.6M-2.90B-16.0M0.592.41242,012143,0541,482,1131,581,975
2024-10-14$41.92$39.0028.9%8.2%27.0%61.7%29.3%2.3%-1.2%86.6M-2.68B-16.2M0.822.38145,838119,9411,489,2831,579,851
2024-10-15$42.28$39.0026.4%7.5%26.9%46.6%25.5%2.6%-1.2%120.2M-2.88B-16.3M0.692.14173,077119,9701,551,1981,629,557
2024-10-16$42.86$39.0025.5%7.3%27.2%41.3%25.9%2.8%-1.4%141.7M-3.30B-15.9M0.793.79105,04383,0751,581,6421,662,511
2024-10-17$42.75$39.0024.4%7.0%24.8%35.0%24.4%2.4%-0.9%145.9M-3.16B-16.4M0.692.2980,82455,9911,607,3651,704,992
2024-10-18$42.36$39.0023.9%6.9%24.5%31.9%23.7%2.2%-0.6%99.3M-2.93B-16.2M0.472.15126,60559,5391,628,6681,732,559
2024-10-21$41.80$39.0024.1%7.1%24.5%33.5%26.4%2.9%-0.8%53.4M-2.11B-16.5M1.062.3860,55863,9791,400,4371,560,451
2024-10-22$42.36$39.0024.8%7.3%24.2%37.6%25.8%3.0%-0.9%69.5M-2.47B-16.5M0.842.2860,98550,9501,426,8661,593,767
2024-10-23$42.27$39.0025.2%7.5%24.1%39.8%26.1%2.8%-0.9%69.0M-2.38B-16.9M0.962.4251,36549,3441,444,4521,610,085
2024-10-24$42.58$39.0023.9%7.4%24.1%32.4%28.6%3.2%-0.9%78.3M-2.51B-17.2M1.572.1643,22067,7471,447,5641,630,067
2024-10-25$41.84$40.0026.3%7.9%25.1%46.2%28.2%2.9%-0.6%41.4M-2.02B-17.5M0.992.2684,75184,2181,459,8251,666,279
2024-10-28$42.73$40.0025.4%8.1%25.9%40.7%28.9%3.4%0.4%75.7M-2.60B-16.5M0.652.3354,23635,4771,440,7841,642,486
2024-10-29$42.53$40.0025.6%8.3%25.6%41.8%29.2%3.2%0.4%72.0M-2.49B-16.7M1.242.4527,54334,2171,452,4071,662,082
2024-10-30$42.31$40.0026.7%8.5%25.7%48.6%30.5%3.4%0.4%63.1M-2.37B-16.7M1.112.4635,66839,5121,461,9871,682,503
2024-10-31$42.00$40.0028.7%9.4%25.9%60.5%32.6%2.6%-0.2%49.6M-2.14B-17.3M1.072.3748,43051,7041,468,5391,691,456