Bullish option flow detected in Bank of America with 45,321 calls trading, 1.4x expected, and implied vol increasing over 1 point to 30.66%. 11/11 weekly 38 calls and Dec-22 38 puts are the most active options, with total volume in those strikes near 29,300 contracts. The Put/Call Ratio is 0.61. Earnings are expected on January 13th.
Published first on TheFly
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