BAC Options History — April 2026

In April 2026, BAC traded between $49.25 and $54.22. ATM implied volatility averaged 28.5%, placing in the 24.5% IV rank vs the trailing year. The 30-day expected move averaged 8.2%. IV traded above realized volatility by 4.4% (HV 20d: 24.2%). Max pain ranged from $50.00 to $50.00. Net GEX was positive for 14 of 14 trading days. Term structure was in contango for 2 of 14 days. Put/call ratio averaged 0.75.

Notable Days

2026-04-14: Highest Volume — 225,860 contracts
2026-04-15: Largest IV drop — 11.8% change
2026-04-21: Highest IV Rank — 33.2%
2026-04-07: Largest Expected Move — 9.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$52.26	$49.25	$54.22	$49.25	$53.26
Max Pain	$50.00	$50.00	$50.00	$50.00	$50.00
ATM IV	28.5%	22.6%	34.1%	33.6%	26.1%
Expected Move	8.2%	6.5%	9.8%	9.6%	7.5%
HV 20d	24.2%	22.6%	27.0%	27.0%	22.9%
HV 60d	27.2%	26.9%	27.9%	27.5%	26.9%
IV Rank	24.5%	14.9%	33.2%	30.6%	33.2%
IV Percentile	66.2%	19.8%	90.1%	90.1%	59.5%
Term Structure	-0.6%	-1.7%	1.1%	-0.5%	-1.1%
VWIV	29.1%	24.6%	38.4%	38.4%	26.3%
Skew 25d	6.3%	4.6%	9.3%	8.2%	5.2%
Skew 10d	13.5%	10.2%	17.7%	16.6%	10.2%
Call IV 25d	25.6%	21.8%	29.7%	29.6%	23.3%
Put IV 25d	32.0%	26.7%	38.3%	37.7%	28.4%
Bid-Ask Spread %	10.76	8.18	14.73	10.60	14.73
Gamma HHI	0.12	0.07	0.31	0.08	0.12
Net GEX	82.9M	23.5M	189.8M	57.5M	57.8M
Net DEX	-1.76B	-2.78B	-525.4M	-525.4M	-1.63B
Net VEX	-19.7M	-20.2M	-19.0M	-20.2M	-19.7M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.75	0.35	1.21	0.81	1.21
Total Volume	145,811	99,059	225,860	99,059	101,303
Total OI	2,557,794.143	2,327,868	2,729,768	2,543,748	2,374,637

Daily Data (14 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
2026-04-01	$49.25	$50.00	33.6%	9.6%	27.0%	30.6%	38.4%	8.2%	-0.5%	57.5M	-525.4M	-20.2M	0.81	10.60	54,769	44,290	1,169,460	1,374,288
2026-04-02	$49.25	$50.00	33.4%	9.6%	26.8%	30.2%	32.1%	7.6%	-0.5%	23.5M	-539.7M	-20.0M	0.84	11.09	82,606	68,994	1,184,256	1,380,792
2026-04-06	$50.05	$50.00	32.1%	9.2%	25.3%	27.4%	31.6%	7.9%	-0.4%	43.9M	-720.6M	-19.9M	0.51	8.18	72,234	37,086	1,124,629	1,344,213
2026-04-07	$50.44	$50.00	34.1%	9.8%	24.8%	31.7%	30.7%	9.3%	-1.4%	54.3M	-953.2M	-20.1M	0.72	13.57	74,739	54,018	1,154,783	1,352,103
2026-04-08	$51.91	$50.00	30.9%	8.9%	25.9%	24.7%	30.7%	6.6%	-1.7%	83.9M	-1.71B	-19.7M	0.58	11.97	114,101	66,532	1,174,065	1,371,889
2026-04-09	$52.80	$50.00	29.5%	8.5%	26.2%	21.5%	29.6%	6.3%	-0.7%	95.8M	-2.23B	-19.8M	0.49	8.78	106,027	51,548	1,214,635	1,400,109
2026-04-10	$52.56	$50.00	28.4%	8.1%	22.9%	19.1%	27.1%	5.9%	-1.0%	80.0M	-2.18B	-19.8M	0.35	8.88	95,554	33,282	1,239,804	1,415,675
2026-04-13	$53.28	$50.00	28.6%	8.2%	22.6%	22.9%	28.6%	6.3%	-0.5%	86.5M	-2.21B	-19.3M	0.85	10.57	61,787	52,806	1,186,282	1,351,083
2026-04-14	$53.30	$50.00	27.1%	7.8%	22.8%	19.0%	26.4%	6.2%	-1.2%	93.4M	-2.17B	-19.5M	0.88	9.59	120,117	105,743	1,198,981	1,386,736
2026-04-15	$54.22	$50.00	23.9%	6.9%	23.1%	16.3%	25.7%	4.7%	0.7%	118.2M	-2.78B	-19.5M	0.57	11.02	142,898	81,573	1,244,086	1,402,612
2026-04-16	$53.64	$50.00	25.0%	7.2%	22.8%	27.4%	24.6%	4.6%	-1.4%	105.8M	-2.47B	-19.6M	0.87	9.80	61,205	53,164	1,277,700	1,428,664
2026-04-17	$53.89	$50.00	22.6%	6.5%	22.8%	14.9%	27.0%	4.8%	1.1%	189.8M	-2.66B	-19.0M	0.81	11.22	110,932	89,900	1,288,620	1,441,148
2026-04-20	$53.83	$50.00	24.3%	7.0%	22.6%	23.8%	27.9%	5.2%	-0.4%	69.8M	-1.90B	-19.2M	1.03	10.67	51,261	52,885	1,059,933	1,267,935
2026-04-21	$53.26	$50.00	26.1%	7.5%	22.9%	33.2%	26.3%	5.2%	-1.1%	57.8M	-1.63B	-19.7M	1.21	14.73	45,851	55,452	1,077,964	1,296,673