BAC Options Chain, Open Interest, and Volatility Data

BAC Options Open Interest & Strategy Insights

BAC – Top 10 Strike Prices by Open Interest

Strike	Call OI	Put OI	Total OI
55	248234	9423	257657
50	142700	109731	252431
40	54715	170437	225152
45	78746	133381	212127
52.5	121427	38523	159950
42	44874	112190	157064
47	64032	86393	150425
35	36279	102558	138837
30	18672	104703	123375
37	30045	83889	113934

BAC – Volatility Metrics & Put/Call Analysis

Put/Call OI Ratio	Put/Call Volume Ratio	Avg Call IV	Avg Put IV	IV Skew
0.78	0.51	36.83%	34.57%	-2.26%

Data Analysis

Symbol: BAC Current Price: 52.45
Max Pain: 45.00 (above)

📌 Absolute OI Peak: 55.00 (257657 contracts)
🛡️ Short-term Key Levels: 50.00（252431 contracts，major support） , 47.00（150425 contracts，major support） , 45.00（212127 contracts，major support）

📈 Put/Call OI Ratio: 0.78 (bullish, Call OI dominant)
Put/Call Volume Ratio: 0.51 (bullish, Call volume dominant)

📊 Avg Call IV: 36.83%
Avg Put IV: 34.57%
IV Skew: -2.26% (Call IV higher than Put IV by 2.26%, upward expectation slightly stronger)

⚠️ Unusual OI concentration at far OTM strike 40.00 (225152 contracts), sentiment: bearish (Put OI dominant). May reflect speculative bets or hedging demand.

Market Sentiment Based on Options by Expiration Date

Date	Call Volume	Put Volume	Open Interest	Put/Call Ratio	Sentiment
2025-11-07	45304	17532	175777	0.387	Strong Bullish 📈💥 (85)
2025-11-14	23595	6208	29136	0.263	Moderate Bullish 📈 (70) ⚠️
2025-11-21	69918	19892	382181	0.285	Strong Bullish 📈💥 (85) ⚠️
2025-11-28	1717	1281	11541	0.746	Slight Bullish 📈 (60)
2025-12-05	455	659	7811	1.448	Slight Bearish 📉 (40)
2025-12-12	58	252	341	4.345	Moderate Bearish 📉 (30) ⚠️
2025-12-19	14991	11829	164074	0.789	Moderate Bullish 📈 (65)
2026-01-16	5844	8300	596865	1.420	Moderate Bearish 📉 (35) ⚠️
2026-02-20	431	565	65900	1.311	Moderate Bearish 📉 (35)
2026-03-20	1902	2099	134527	1.104	Moderate Bearish 📉 (35)
2026-05-15	382	200	20753	0.524	Slight Bullish 📈 (60)
2026-06-18	5901	630	234763	0.107	Strong Bullish 📈💥 (85) ⚠️
2026-07-17	224	557	7365	2.487	Moderate Bearish 📉 (30)
2026-09-18	256	495	53936	1.934	Strong Bearish 📉💥 (15)
2026-12-18	659	158	75921	0.240	Strong Bullish 📈💥 (85) ⚠️
2027-01-15	743	1528	185058	2.057	Strong Bearish 📉💥 (15)
2027-06-17	158	479	90346	3.032	Strong Bearish 📉💥 (15) ⚠️
2027-12-17	41	55	10019	1.341	Slight Bearish 📉 (40)
2028-01-21	171	229	9752	1.339	Slight Bearish 📉 (40)
How the Sentiment Algorithm Works This table evaluates market sentiment based on aggregated options data by expiration date. The key metrics are: Put/Call Ratio (PCR): Indicates the relative activity between put and call options. A high PCR suggests bearish sentiment, while a low PCR indicates bullish sentiment. Open Interest (OI): Represents the number of outstanding contracts. Higher values reflect strong market attention or hedging activity. Unusual activity ⚠️: Days with extremely high PCR or OI are flagged, signaling possible speculative bets or hedging pressures. The sentiment score is computed by combining PCR and OI, then classified into clear labels such as Strong Bullish, Moderate Bullish, Neutral, Moderate Bearish, Strong Bearish. Scores range from 0 to 100, where higher values indicate stronger bullish sentiment and lower values indicate stronger bearish sentiment.