Bank of America (BAC) Options Chain

NYSE: BACFinanceMajor BanksUSD

54.32+0.71 (+1.32%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Nov 20, 2026
Days to expiration: 40
Share price: $54.32
Put/call ratio (OI): 1.37
Put/call ratio (volume): 2.60
ATM implied volatility: 26.4%
Expected move: ±$4.74
Open interest (C / P): 92.21K / 126.19K

BAC options summary

The BAC options chain for the November 20, 2026 expiration lists 26 call and 25 put contracts, with 40 days until expiration. Open interest stands at 92,208 calls and 126,190 puts, a put/call ratio of 1.37, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $55.00 strike is 26.4%, which implies the market expects a move of about ±$4.74 (8.7%) in Bank of America stock by expiration.

The most open interest sits at the $65.00 call (17.75K contracts) and the $50.00 put (49.59K contracts).

Summary generated from market data by MetaCap's automated system. Methodology

BAC options chain · November 20, 2026

BAC calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
1	2	404.3%	37.18	35.35	38.90	25.00	0.00	0.04	0.01	91.4%	6	342
0	3	—	35.21	0.00	0.00	30.00	0.00	0.03	0.01	68.8%	1	678
7	2	70.9%	18.50	18.15	20.75	35.00	0.00	0.03	0.02	52.3%	20	1,256
30	18	—	27.15	0.00	0.00	36.00	0.00	0.00	0.33	25.0%	3	101
1	1	241.8%	19.45	21.45	25.50	39.00	0.00	0.08	0.03	51.2%	1,527	1,866
209	22	69.5%	13.50	13.25	16.35	40.00	0.00	0.18	0.04	55.5%	17	2,437
4	2	65.2%	15.60	12.30	13.80	41.00	0.00	0.12	0.05	47.9%	850	131
5	5	83.3%	12.40	10.90	13.60	42.00	0.01	0.11	0.07	43.6%	22	572
88	3	59.8%	19.55	10.60	11.90	43.00	0.05	0.13	0.10	41.6%	1	1,011
42	15	55.4%	12.69	9.75	10.90	44.00	0.07	0.10	0.10	36.3%	1,629	1,558
84	2	49.7%	8.13	8.55	9.85	45.00	0.09	0.12	0.12	34.3%	5	4,647
1,076	4	48.0%	7.20	7.80	8.95	46.00	0.13	0.15	0.14	32.5%	1,711	2,417
114	16	43.7%	6.55	6.90	7.95	47.00	0.16	0.20	0.18	31.1%	300	6,855
41	1	38.2%	6.30	6.60	6.90	48.00	0.24	0.27	0.27	30.0%	594	1,688
145	1	36.0%	5.52	5.80	6.00	49.00	0.33	0.38	0.36	29.2%	861	8,155
1,600	125	33.5%	5.07	4.95	5.10	50.00	0.47	0.51	0.48	28.1%	3,795	49,587
1,830	524	30.4%	3.10	3.05	3.20	52.50	1.03	1.12	1.07	26.5%	301	8,979
BAC $54.32
13,164	1,865	27.8%	1.64	1.63	1.71	55.00	2.10	2.18	2.15	24.9%	1,108	14,676
10,845	816	26.3%	0.73	0.73	0.77	57.50	3.70	3.85	3.75	24.6%	624	7,624
13,849	1,120	25.6%	0.28	0.26	0.30	60.00	5.80	5.95	5.80	24.9%	108	8,450
14,347	504	25.8%	0.10	0.08	0.11	62.50	7.95	8.65	8.30	37.1%	2	1,348
17,755	114	27.1%	0.04	0.03	0.05	65.00	9.45	11.15	10.98	44.0%	4	1,811
5,098	5	31.8%	0.05	0.01	0.05	67.50	12.05	14.45	14.91	68.4%	1	0
6,157	3	41.2%	0.02	0.00	0.11	70.00	15.40	17.00	15.03	57.5%	2	0
752	1	44.1%	0.02	0.00	0.09	72.50	—	—	—	—	—	—
4,964	10	41.4%	0.02	0.00	0.03	75.00	11.35	14.35	13.77	—	4	1

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the BAC put/call ratio?

For the November 20, 2026 expiration, the BAC put/call ratio based on open interest is 1.37 (126,190 puts vs 92,208 calls), and 2.60 based on today's volume. A ratio above 1 means more puts than calls.

What is BAC's implied volatility?

At-the-money implied volatility for BAC options expiring November 20, 2026 is about 26.4%, an annualized estimate of how much the market expects Bank of America stock to move.

How many BAC option expiration dates are there?

BAC has 19 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.