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BAC

Bank of America CorporationClose $58.19EOD only

Max Pain

$56.00

Next expiry Jun 26, 2026

Expected Move

±$0.61

1.1% from close

Price Gap

-2.19

Distance to max pain

IV Rank

Low premium

P/C OI

1.11

Slightly put-heavy

Consensus

8.0/10

Bullish tilt

Published snapshot: Jun 25, 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

Jun 25, 2026 close

BAC Flow Report

Analysis based on market close June 26, 2026

Directional Theta Gang Flow Earnings Consensus

Historical consensus-supported lens with full content, report chain context, and metric rail.

Flow Verdict

Confidence:

9 / 10

base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); +0.5 spot 1.5% from MP; +0.5 VIX 18

Watch next session: Monitor $58 support; Check call OI at $58-$59

Flow Summary

Net premium: +$16.8M bullish

P/C volume ratio: 0.71

P/C OI ratio: 1.09

Bullish flow with $167M net premium, call-skewed volume (P/C 0.71). Positive GEX $230M pins price near MP. Unusual call activity at $58-$59.

Notable Prints

BAC 2026-07-02 $51.50 Put

Vol: 1,632

OI: 110

Vol/OI: 14.8x

IV: 71.8%

Notional: ~$5K

Intent: bearish hedge

Dual read: or speculative

Read-through: short-term downside bet

BAC 2027-01-15 $39.00 Call

Vol: 1,132

OI: 101

Vol/OI: 11.2x

IV: 59.3%

Notional: ~$1.6M

Intent: bullish leverage

Read-through: strong long-term conviction

BAC 2026-07-10 $63.00 Call

Vol: 1,052

OI: 157

Vol/OI: 6.7x

IV: 22.1%

Notional: ~$3K

Intent: bullish lottery

Read-through: low-cost speculative

BAC 2026-07-02 $58.00 Put

Vol: 4,974

OI: 963

Vol/OI: 5.2x

IV: 20.6%

Notional: ~$318K

Intent: hedging

Dual read: or bearish bet

Read-through: protection against drop

BAC 2026-07-24 $59.00 Call

Vol: 762

OI: 178

Vol/OI: 4.3x

IV: 28.2%

Notional: ~$85K

Intent: bullish speculation

Read-through: expectation of upside

Institutional Positioning

Call additions: Heavy call buys: $58-$59 Jul2, $62 Jul10, $39 Jan27 (11.2x vol/OI).

Put additions: Large put activity: $51.5 Jul2 (14.8x), $53 Jul10, $49 Jul24.

GEX/DEX consistency: Consistent: GEX +$230.5M, DEX +60M shares confirm bullish flow.

OI clusters: Largest OI: $58C (2813), $59C (3023), $58P (963).

Hedging evidence: Puts at $51.5, $53, $49 indicate downside hedging.

Max pain context: Spot above MP (~$57.5), gamma pinning near $58-$59.

Signal vs Noise

~Signal: $51.5P and $39C 2027 high vol/OI.

~Noise: $58P normal volume; put/call OI ratio ~1.09 mixed.

Key Conclusions

📈Bullish flow with GEX/DEX support; likely push to $60+.

⚠️Downside hedging via puts on $51.5/$53; risk on break below $56.

How to Use These Reports

This flow reflects the market close on June 26, 2026.

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.