thetaOwl

BAC

Bank of America CorporationClose $50.70EOD only
Max Pain
$50.50
Next expiry May 22, 2026
Expected Move
±$1.03
2.0% from close
Price Gap
-0.20
Distance to max pain
IV Rank
0
Low premium
P/C OI
1.26
Slightly put-heavy
Consensus
6.0/10
Bullish tilt
Published snapshot: May 19, 2026 close
End-of-day snapshot

This page reflects BAC options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
May 19, 2026 close
Consensus-ledMay 19, 2026 close6.0/10 conviction

AI Consensus

Bias
Bullish
Neutral to slightly bullish
Best Fit
Defined risk

Sell May 2026 $52/$49 put spread for credit (theta persona) — defined-risk premium capt…

Key Levels
51 / 51 / 52
Magnet / spot / breakout
Main Risk
Event sensitivity

Break and close below $47 triggers a dealer gamma flip and a stop/hedge cascade — downside likely to accelerate…

One-line synthesis

Bullish tilt

Highest-conviction setup

Sell May 2026 $52/$49 put spread for credit (theta persona) — defined-risk premium capture against the pin

Main disagreement

Flow is mixed and likely includes pockets of institutional selling that could unload into any weakness, which directly undermines the pin/b…

Persona support grid

Earnings

Event premium and IV crush

8.0/10
Contribution

Front-week GEX and short-dated put delta concentration drive pinning near $51–$52, overriding longer-dated OI

Full Report

Event pathing and volatility setup

Open report

Top setup: Multi‑week OTM strangle: Buy 2026-07-17 $50.00 put + buy $60.00 call

How to Use These Reports
This hub collects the active report lenses so you can compare how each persona reads the same market-close snapshot.
What the reports do

Each report translates the same market-close options snapshot into a specific lens such as directional bias, premium-selling posture, flow quality, or earnings setup.

How traders use them

Reports are most useful for narrowing the playbook, surfacing entry and risk context, and deciding which raw data page to inspect next.

What to remember

These are interpretation layers, not execution guarantees. Validate the setup against chain liquidity, expected move, and exposure before sizing risk.

If the report conviction and the raw data disagree, slow down and resolve the mismatch before sizing risk.