BAC Options History — December 2024

In December 2024, BAC traded between $43.47 and $47.11. ATM implied volatility averaged 24.3%, placing in the 34.2% IV rank vs the trailing year. The 30-day expected move averaged 7.6%. IV traded above realized volatility by 4.7% (HV 20d: 19.5%). Max pain ranged from $37.00 to $42.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 0.85.

Notable Days

2024-12-05: Highest Volume — 668,702 contracts
2024-12-18: Largest IV spike — 16.3% change
2024-12-19: Highest IV Rank — 75.3%
2024-12-19: Largest Expected Move — 9.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$45.26	$43.47	$47.11	$47.11	$43.87
Max Pain	$39.33	$37.00	$42.00	$42.00	$39.00
ATM IV	24.3%	19.4%	31.2%	19.9%	27.0%
Expected Move	7.6%	6.0%	9.0%	6.0%	8.6%
HV 20d	19.5%	14.2%	33.2%	33.2%	19.2%
HV 60d	26.6%	25.8%	27.1%	26.6%	26.6%
IV Rank	34.2%	5.9%	75.3%	8.7%	50.2%
IV Percentile	53.0%	3.2%	98.0%	5.6%	87.7%
Term Structure	0.3%	-10.6%	4.7%	0.7%	-0.5%
VWIV	27.2%	21.1%	33.2%	21.1%	33.2%
Skew 25d	2.1%	0.4%	4.2%	0.8%	2.9%
Skew 10d	5.5%	2.0%	10.0%	3.5%	5.8%
Call IV 25d	23.5%	19.3%	30.2%	20.0%	25.7%
Put IV 25d	25.7%	20.0%	34.4%	20.7%	28.6%
Bid-Ask Spread %	2.63	1.98	5.11	2.94	2.59
Gamma HHI	0.10	0.08	0.13	0.12	0.08
Net GEX	60.6M	14.7M	129.0M	100.0M	26.0M
Net DEX	-2.62B	-4.29B	-1.37B	-4.20B	-1.73B
Net VEX	-15.7M	-16.7M	-14.8M	-15.1M	-15.4M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.85	0.11	1.49	1.03	1.49
Total Volume	136,982.619	43,516	668,702	144,945	58,421
Total OI	3,250,406.619	3,005,940	3,438,590	3,268,465	3,090,495

Daily Data (21 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
2024-12-02	$47.11	$42.00	19.9%	6.0%	33.2%	8.7%	21.1%	0.8%	0.7%	100.0M	-4.20B	-15.1M	1.03	2.94	71,462	73,483	1,532,932	1,735,533
2024-12-03	$46.70	$42.00	19.7%	6.1%	32.9%	7.3%	23.2%	0.4%	0.7%	92.3M	-3.99B	-14.8M	0.56	2.41	82,528	45,802	1,549,536	1,789,096
2024-12-04	$46.47	$42.00	19.4%	6.1%	33.2%	5.9%	21.5%	0.8%	0.6%	93.8M	-3.81B	-15.3M	0.78	2.73	74,292	58,064	1,583,760	1,810,861
2024-12-05	$47.11	$37.00	19.9%	7.0%	15.5%	8.8%	25.0%	0.9%	0.9%	129.0M	-4.29B	-15.3M	0.11	2.39	603,721	64,981	1,603,652	1,834,938
2024-12-06	$46.64	$39.00	19.8%	6.9%	15.2%	7.8%	24.7%	1.1%	0.8%	93.5M	-3.28B	-15.8M	1.34	2.53	52,069	69,541	1,446,078	1,869,611
2024-12-09	$46.09	$39.00	21.1%	7.2%	15.9%	15.5%	26.7%	1.0%	4.0%	83.9M	-3.02B	-15.7M	0.93	2.12	47,872	44,750	1,419,840	1,833,051
2024-12-10	$45.84	$39.00	21.8%	7.4%	14.2%	19.7%	26.1%	1.0%	3.8%	78.8M	-2.91B	-15.5M	0.71	2.12	84,173	59,986	1,433,054	1,851,974
2024-12-11	$45.97	$39.00	21.0%	7.3%	14.2%	15.2%	26.1%	1.1%	4.5%	98.5M	-2.97B	-15.7M	0.67	2.63	73,510	49,176	1,464,165	1,875,527
2024-12-12	$46.36	$39.00	22.1%	7.4%	14.5%	21.6%	25.8%	1.1%	4.5%	106.3M	-3.15B	-15.8M	0.76	1.98	55,763	42,313	1,457,027	1,899,195
2024-12-13	$45.56	$39.00	22.6%	7.3%	15.8%	24.7%	27.0%	1.0%	4.7%	50.8M	-2.63B	-15.7M	0.56	2.14	92,704	51,807	1,458,194	1,916,155
2024-12-16	$45.53	$39.00	25.1%	7.5%	14.7%	39.0%	27.1%	1.8%	-1.2%	69.1M	-2.65B	-15.5M	0.80	2.00	56,058	44,615	1,399,677	1,856,119
2024-12-17	$45.03	$39.00	26.7%	7.8%	15.1%	48.7%	27.8%	1.9%	-1.0%	53.5M	-2.28B	-16.2M	0.56	2.01	48,345	27,240	1,406,112	1,872,017
2024-12-18	$43.47	$39.00	31.1%	8.9%	19.1%	74.3%	31.8%	2.7%	-10.6%	14.7M	-1.37B	-16.7M	0.53	5.11	84,376	44,835	1,418,049	1,879,031
2024-12-19	$43.58	$39.00	31.2%	9.0%	19.2%	75.3%	32.2%	4.2%	-1.4%	14.8M	-1.46B	-16.5M	0.80	3.22	66,777	53,302	1,437,462	1,882,613
2024-12-20	$44.33	$39.00	28.7%	8.4%	19.9%	60.3%	30.1%	4.0%	-1.5%	20.7M	-1.80B	-16.0M	1.10	3.17	82,930	90,867	1,434,953	1,888,302
2024-12-23	$43.78	$39.00	26.8%	7.9%	19.8%	49.1%	28.2%	4.2%	-0.2%	18.5M	-1.67B	-15.8M	1.26	2.65	52,876	66,703	1,274,839	1,731,101
2024-12-24	$44.39	$39.00	25.7%	7.6%	19.8%	42.6%	27.8%	3.5%	-0.5%	36.7M	-2.03B	-15.9M	0.89	2.86	23,019	20,497	1,290,160	1,762,268
2024-12-26	$44.49	$39.00	26.1%	7.8%	19.8%	44.8%	27.5%	3.7%	-0.7%	37.9M	-2.09B	-15.4M	0.83	2.69	41,104	33,915	1,294,545	1,798,449
2024-12-27	$44.14	$39.00	26.6%	8.2%	19.8%	48.2%	27.8%	3.3%	-1.0%	21.3M	-1.88B	-15.7M	0.78	2.57	46,379	36,050	1,311,852	1,817,686
2024-12-30	$44.02	$39.00	27.2%	8.6%	19.7%	51.2%	31.2%	3.6%	0.2%	31.7M	-1.83B	-15.5M	1.38	2.39	42,171	58,158	1,280,300	1,768,330
2024-12-31	$43.87	$39.00	27.0%	8.6%	19.2%	50.2%	33.2%	2.9%	-0.5%	26.0M	-1.73B	-15.4M	1.49	2.59	23,458	34,963	1,289,464	1,801,031