BAC Options Chain Analysis

As of previous close (2026-10-02) · OPRA historical data

Spot $53.79 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

1.20

1.3M P / 1.1M C

Put/Call (Volume)

0.90

78k P / 87k C that session

30d ATM IV

28%

annualized implied move

Call wall

$60

157k contracts

Put wall

$50

160k contracts

Tail hedging

0.9×

deep-OTM puts vs calls

What the positioning says

●Defensive positioning: 1.20 puts outstanding per call — holders are hedging rather than selling.
●Call wall at $60 (157k contracts), 12% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $50 (160k contracts), 7% below spot — the hedge floor; often acts as support.

Open interest by strike

All expiries combined. Amber lines mark the call and put walls; the dashed line is spot.

IV term structure

At-the-money implied volatility per expiry.

Volatility smile

IV by strike — expiry 2026-10-30. A steep left side = expensive downside protection.

30-day implied volatility history

Daily ATM IV (~30 DTE bucket) collected since March 2026. Rising IV into an event = the market bracing; collapsing IV after = the crush.

Open interest by expiry

Expiry	Call OI	Put OI	P/C	Volume that session
2026-10-09	38k	32k	0.83	46k
2026-10-16	121k	89k	0.73	19k
2026-10-23	13k	8k	0.65	5k
2026-10-30	9k	15k	1.69	4k
2026-11-06	2k	2k	0.70	3k
2026-11-13	272	279	1.03	216
2026-11-20	87k	90k	1.02	19k
2026-12-18	151k	163k	1.08	15k
2027-01-15	271k	367k	1.35	11k
2027-02-19	22k	33k	1.50	1k
2027-03-19	46k	58k	1.25	2k
2027-04-16	10k	16k	1.57	2k
2027-05-21	3k	1k	0.39	240
2027-06-17	111k	189k	1.70	4k
2027-07-16	19k	19k	0.96	492
2027-09-17	5k	9k	1.83	324
2027-12-17	24k	24k	1.01	1k
2028-01-21	67k	94k	1.42	2k
2028-12-15	29k	35k	1.19	2k
2029-01-19	3k	6k	2.26	770

Source: Cboe end-of-session option chains, summarized after each US market close and published from the following trading day — OPRA historical data. Under the OPRA plan options data becomes historical, and freely publishable, at the opening of the next trading session; data from the session in progress is never displayed or served here. Open interest is exchange-reported once a day. Research, not investment advice.