Banking

BAC Options Flow

Bank of America Corporation

Track BAC options flow, gamma exposure, and unusual activity in real-time.

Recent BAC Options Flow

Live institutional order flow from the Options Flow scanner

Time Type Strike Expiry Premium Sentiment
3:52 PM CALL SWEEP $39 3/21/26 $267,000 BULLISH
3:18 PM PUT BLOCK $38 2/28/26 $189,000 BEARISH
2:45 PM CALL SWEEP $40 4/17/26 $345,000 BULLISH
2:12 PM CALL BLOCK $39.5 3/21/26 $445,000 BULLISH
1:38 PM PUT SWEEP $38.5 3/7/26 $234,000 BEARISH
12:52 PM CALL BLOCK $41 4/17/26 $567,000 BULLISH
11:28 AM PUT SWEEP $37 2/28/26 $145,000 NEUTRAL
10:45 AM CALL BLOCK $42 4/17/26 $645,000 BULLISH

Double-click any trade in the live product to see detailed charts and P&L tracking

BAC Gamma Exposure Dashboard

Interactive GEX analysis with heatmap, chart, and table views

Showing 15-minute delayed data
Current Price
$38
Gamma Flip
$38
0.0% from spot
Call Wall
$39
+2.6% from spot
Put Wall
$37
-2.6% from spot
Net GEX
759.6M
Max +GEX
$39
484.3M
Max -GEX
$37
111.1M
Expected Move
$37 - $39
±2.1%
Strike2/212/242/283/213/74/18
$3924.5M20.8M17.1M9.8M13.5M6.1M
$383.2M2.7M2.3M1.3M1.8M805K
$37-3.9M-3.3M-2.7M-1.5M-2.1M-966K

BAC Options Market Statistics

Key metrics for Bank of America Corporation

Avg Daily Volume
840K
Avg Premium
$3.6B
Put/Call Ratio
1.12
Avg IV
26%
Market Cap
$340B
Avg Spread
$0.02

About BAC Options

Bank of America is the second-largest U.S. bank with massive consumer deposit base and trading operations. Options flow in BAC reveals positioning around interest rates, loan growth, and credit quality. BAC is leveraged to net interest margin - it benefits more than peers from rate hikes.

Reading BAC Options Flow

BAC flow concentrates around earnings and Fed meetings. Watch for call sweeps when yield curve steepens or consumer loan demand accelerates. The stock's high institutional ownership means flow is cleaner than smaller banks. Put buying often reflects recession hedging, not BAC-specific concerns.

BAC Gamma Exposure Insights

BAC gamma exposure exhibits tight clustering at $1 intervals due to low stock price and high options volume. Dealers are long gamma most of the time, creating stable trading. When BAC GEX flips negative, it signals banking sector stress or credit concerns. Watch for gamma walls at round dollars ($35, $40, $45).

Related Concepts

Learn more about the key terms for BAC options trading

Frequently Asked Questions

BAC options flow tracks institutional positioning in Bank of America options, driven by interest rate trends, consumer lending, and deposit growth. BAC flow is highly sensitive to Fed policy - call sweeps spike when rates rise (NIM expansion expectations).

BAC GEX reveals dealer positioning and banking sector health. Positive GEX at $1 intervals creates tight trading ranges. The stock's defensive nature keeps dealers long gamma. GEX flips signal credit concerns or recession fears - check regional bank flow for confirmation.

Unusual BAC activity often precedes interest rate shifts or earnings beats. Large call sweeps ahead of Fed rate hikes signal bullish positioning on NIM expansion. Put blocks during rallies may be recession hedges. BAC flow leads regional banks - it's the sector bellwether.

BAC has a higher proportion of consumer deposits (checking/savings) compared to JPM's more diversified business. This makes BAC's net interest margin more sensitive to Fed rate changes. When rates rise, BAC benefits more; when rates fall, it suffers more. Options flow reflects this rate sensitivity.

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