BAC Options History — March 2026

In March 2026, BAC traded between $46.73 and $50.28. ATM implied volatility averaged 34.3%, placing in the 32.1% IV rank vs the trailing year. The 30-day expected move averaged 9.7%. IV traded above realized volatility by 4.9% (HV 20d: 29.4%). Max pain ranged from $50.00 to $52.50. Net GEX was positive for 6 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 0.76.

Notable Days

  • 2026-03-03: Highest Volume — 325,862 contracts
  • 2026-03-06: Largest IV spike — 15.5% change
  • 2026-03-30: Highest IV Rank — 42.4%
  • 2026-03-12: Largest Expected Move — 12.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$48.11$46.73$50.28$49.83$48.70
Max Pain$50.84$50.00$52.50$51.50$50.00
ATM IV34.3%29.4%39.0%31.6%34.9%
Expected Move9.7%2.0%12.2%9.4%10.0%
HV 20d29.4%23.5%33.2%33.2%26.7%
HV 60d25.9%24.6%27.7%24.9%27.7%
IV Rank32.1%21.5%42.4%26.1%33.4%
IV Percentile92.1%81.7%97.2%89.3%92.1%
Term Structure-0.7%-4.6%6.0%-0.5%-0.7%
VWIV35.1%31.5%41.3%32.2%36.9%
Skew 25d8.3%6.0%10.1%6.0%9.3%
Skew 10d17.4%14.9%19.5%15.0%18.8%
Call IV 25d30.2%26.5%35.0%29.8%31.3%
Put IV 25d38.6%33.6%43.5%35.8%40.6%
Bid-Ask Spread %12.816.7926.4518.146.90
Gamma HHI0.080.060.210.070.07
Net GEX-20.2M-75.2M32.2M-17.1M24.1M
Net DEX306.1M-272.2M844.1M75.2M-204.9M
Net VEX-19.9M-20.6M-18.9M-18.9M-20.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.760.341.480.510.72
Total Volume157,019.63686,857325,862117,479129,349
Total OI2,566,713.5912,350,8672,780,4502,350,8672,496,579

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2026-03-02$49.83$51.5031.6%9.4%33.2%26.1%32.2%6.0%-0.5%-17.1M75.2M-18.9M0.5118.1477,84239,6371,050,2221,300,645
2026-03-03$50.03$51.5032.1%9.5%32.8%27.3%34.4%7.1%-0.7%-11.4M-13.6M-18.9M0.6710.67195,494130,3681,075,8441,316,367
2026-03-04$50.28$50.5029.4%8.8%32.6%21.5%31.5%7.0%-0.1%1.1M-245.4M-20.6M0.7124.7957,15440,5161,200,0131,363,040
2026-03-05$49.84$52.5029.9%9.2%31.2%22.5%31.7%7.5%-0.4%-16.0M-9.3M-20.4M0.3410.82157,15252,7911,213,1191,377,735
2026-03-06$48.45$52.5034.6%9.8%32.1%32.7%39.6%8.5%-0.7%-60.3M484.7M-20.4M1.489.2186,047127,2081,235,1671,397,532
2026-03-09$47.86$52.5032.6%9.3%29.1%28.4%34.1%8.0%-1.4%-29.6M536.1M-19.9M0.4421.14188,00382,6571,174,3391,372,920
2026-03-10$48.78$52.5031.2%9.2%30.6%25.3%32.2%8.2%1.3%-7.3M22.1M-20.3M0.8726.4588,89677,7781,203,6741,377,714
2026-03-11$48.55$52.5030.3%9.1%30.4%23.4%32.0%8.0%1.1%-17.2M245.5M-20.4M0.7010.1985,84760,3301,220,3731,402,331
2026-03-12$47.05$52.5034.2%12.2%30.6%31.9%36.4%7.2%5.7%-44.3M776.2M-19.8M0.8610.0695,30682,0441,250,5921,435,087
2026-03-13$46.79$50.0035.6%2.0%29.8%35.0%35.3%8.0%6.0%-74.3M839.3M-19.7M0.9117.3777,58970,9361,298,9411,456,913
2026-03-16$47.04$50.0036.6%10.5%30.0%37.3%40.4%10.1%-4.1%-34.4M673.6M-19.7M1.138.8069,34278,6781,232,0831,388,186
2026-03-17$47.36$50.0036.1%10.4%29.9%36.2%33.2%8.9%-4.6%-30.3M584.1M-19.6M0.7611.8459,27945,1051,258,1951,419,048
2026-03-18$46.73$50.0037.8%10.8%29.6%39.8%32.4%9.6%-4.5%-37.6M844.1M-19.4M0.7920.0761,88448,9601,276,4281,438,423
2026-03-19$47.05$50.0036.4%10.5%29.9%36.9%35.6%9.2%-3.8%-41.6M749.8M-19.5M0.7814.19119,66193,9141,299,9401,461,143
2026-03-20$46.86$50.0037.5%10.7%29.6%39.3%34.5%9.5%-3.8%-30.5M719.5M-19.8M0.5412.6295,82851,6991,332,0961,448,354
2026-03-23$47.81$50.0033.4%9.6%29.3%30.2%33.2%7.0%-0.6%9.3M108.0M-19.8M0.807.0275,33160,1621,088,6631,269,455
2026-03-24$48.33$50.0034.5%10.0%29.1%32.5%33.9%9.2%-0.8%16.9M-104.4M-20.2M0.686.9051,77435,0831,111,7271,307,021
2026-03-25$48.75$50.0033.3%9.6%27.5%29.9%34.3%8.6%-0.5%32.2M-272.2M-20.2M0.839.3874,72462,1091,128,1761,323,973
2026-03-26$48.34$50.0035.2%10.2%26.7%34.2%36.3%8.6%-0.7%17.6M-91.4M-20.2M0.888.7757,95050,8971,143,4131,356,213
2026-03-27$46.91$50.0038.3%10.8%23.5%40.9%40.9%8.5%0.0%-75.2M576.7M-19.9M0.739.6378,76957,8851,162,1211,374,891
2026-03-30$47.16$50.0039.0%11.2%23.7%42.4%41.3%9.3%-0.8%-17.7M441.1M-19.9M0.566.7978,68843,7661,091,0091,337,994
2026-03-31$48.70$50.0034.9%10.0%26.7%33.4%36.9%9.3%-0.7%24.1M-204.9M-20.1M0.726.9075,20254,1471,137,9071,358,672