Let's Get Started Now! Get answers to your questions regarding transfer fees, commission rates, programs and available discounts related to online trading services. About Schaeffer's Research Legal Notices. BAC rolled her February 17 calls up to the 20 strike. Published on Nov 15, at 3: BAC options pits today. By the numbers, around , call options have traded -- two times what's typically seen at this point in the day, and on track to finish in the 97th percentile of its annual range.
As a point of comparison, just , BAC put options are on the tape. Drilling down, BAC's top two options trades are the February 17 and 20 calls, where it looks like one speculator is closing out of her massive winning position, and betting on even more upside for the bank stock.
More broadly speaking, options traders have been quick to initiate long calls over puts in recent months. What this shows is that near-the-money call open interest outweighs put open interest among options expiring in three months or less. This lofty accumulation of call open interest could present a short-term speed bump for BAC, especially considering there are more than 21, contracts outstanding at the just overhead November 20 strike.
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