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BAC

Bank of America CorporationClose $53.51EOD only
Max Pain
$51.00
Next expiry Apr 17, 2026
Expected Move
±$0.70
1.3% from close
Price Gap
-2.51
Distance to max pain
IV Rank
84
High premium
P/C OI
1.09
Balanced positioning
Consensus
4/4
Partial coverage
Published snapshot: Apr 16, 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
Apr 16, 2026 close
BAC AI Consensus Report
Analysis based on market close April 17, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Conviction
6.0

out of 10

Score 6 because structural dealer gamma and spot>model favor the pin, but mixed flow and an upcoming event window (earnings/liquidity risk) create meaningful one-off tail risk that prevents higher conviction.

Where Perspectives Agree

Bullish pin to the low/mid $50s with dealer gamma supporting a consolidation range around $52–$56; bias is constructive absent a catalyst.

Where They Diverge

Flow is mixed and likely includes pockets of institutional selling that could unload into any weakness, which directly undermines the pin/buy-the-dip bias if sustained; earnings/timing uncertainty creates a binary event that could invert positioning rapidly.

Top Trade
via theta

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

Key Risk

Break and close below $47 triggers a dealer gamma flip and a stop/hedge cascade — downside likely to accelerate toward ~$43 support, invalidating the pin thesis.

Read the AI Analyst Consensus for BAC for 2026-04-17. This synthesis report combines directional, theta, flow, and earnings perspectives into one conviction view with setup, trigger, and invalidation context.