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: Dec 18, 2026
Days to expiration: 68
Share price: $54.32
Put/call ratio (OI): 1.05
Put/call ratio (volume): 0.26
ATM implied volatility: 25.9%
Expected move: ±$6.07
Open interest (C / P): 163.40K / 170.78K

BAC options summary

The BAC options chain for the December 18, 2026 expiration lists 34 call and 34 put contracts, with 68 days until expiration. Open interest stands at 163,397 calls and 170,784 puts, a put/call ratio of 1.05, which is fairly balanced between calls and puts. At-the-money implied volatility near the $55.00 strike is 25.9%, which implies the market expects a move of about ±$6.07 (11.2%) in Bank of America stock by expiration.

The most open interest sits at the $70.00 call (52.74K contracts) and the $60.00 put (28.24K contracts).

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

BAC options chain · December 18, 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
2	30	230.8%	44.35	34.30	38.30	18.00	0.00	0.02	0.02	90.6%	25	1,948
3	45	93.0%	42.80	32.35	36.35	20.00	0.00	0.02	0.01	82.8%	3	3,472
0	750	165.4%	39.83	29.35	32.70	23.00	0.00	0.02	0.01	71.9%	2	3,404
1	1	87.5%	37.75	28.15	30.70	25.00	0.00	0.02	0.01	65.6%	3	6,905
251	1	72.7%	26.10	24.40	28.40	28.00	0.00	0.10	0.01	68.0%	300	5,088
291	50	136.2%	26.42	22.40	26.25	30.00	0.00	0.03	0.02	53.1%	5	4,986
760	2	66.2%	22.80	21.20	23.75	32.00	0.00	0.05	0.04	50.8%	15	6,341
3,036	3	69.7%	18.15	18.45	19.75	35.00	0.00	0.30	0.09	56.1%	10	9,775
—	—	—	—	—	—	36.00	0.05	0.37	0.10	56.5%	28	33
7,607	1	63.3%	16.25	16.30	19.25	37.00	0.00	0.32	0.04	50.6%	9	14,399
6	5	53.3%	24.78	14.90	18.30	38.00	0.00	0.33	0.09	55.4%	1	51
10	—	89.3%	17.30	13.65	17.25	39.00	0.00	0.34	0.15	52.4%	1	150
3,424	1	60.3%	12.85	13.80	15.05	40.00	0.06	0.16	0.07	41.8%	1	7,033
1	1	56.6%	12.42	12.40	14.05	41.00	0.07	0.15	0.12	38.5%	4	148
1,956	1	50.7%	12.03	12.20	12.95	42.00	0.11	0.16	0.12	36.1%	5	5,491
20	15	50.5%	13.84	10.50	12.10	43.00	0.14	0.19	0.17	34.7%	87	1,206
15	1	46.0%	10.75	9.75	11.05	44.00	0.17	0.31	0.28	35.8%	28	822
2,754	16	39.4%	9.75	9.50	9.90	45.00	0.23	0.25	0.25	31.1%	46	13,488
115	9	38.0%	7.50	8.00	9.00	46.00	0.30	0.33	0.31	30.5%	18	1,179
164	1	38.1%	7.17	7.55	8.20	47.00	0.38	0.45	0.41	30.1%	69	1,574
52	9	36.1%	5.80	6.25	7.30	48.00	0.48	0.63	0.54	30.3%	17	1,041
130	62	33.8%	5.45	5.45	6.40	49.00	0.64	0.69	0.68	27.9%	70	4,145
5,274	76	30.7%	5.40	5.30	5.45	50.00	0.82	0.88	0.86	27.2%	609	11,954
4,090	386	27.9%	3.51	3.50	3.60	52.50	1.52	1.61	1.56	26.1%	407	12,264
BAC $54.32
14,806	1,117	27.0%	2.10	2.06	2.23	55.00	2.57	2.71	2.66	24.9%	172	15,755
9,502	530	25.0%	1.12	1.11	1.16	57.50	4.15	4.25	4.17	24.0%	50	5,842
22,507	3,848	24.4%	0.55	0.54	0.57	60.00	5.90	6.25	6.10	24.5%	85	28,243
10,011	92	24.2%	0.25	0.22	0.26	62.50	8.10	8.45	8.99	24.5%	1	3,104
14,091	738	24.9%	0.13	0.12	0.13	65.00	9.85	11.15	10.85	33.9%	2	930
4,679	86	26.5%	0.07	0.05	0.08	67.50	12.30	14.45	9.00	52.7%	1	0
52,736	2	30.1%	0.03	0.02	0.08	70.00	14.50	17.05	16.20	59.5%	5	13
445	1	41.4%	0.06	0.00	0.26	72.50	—	—	—	—	—	—
2,441	5	33.2%	0.03	0.00	0.04	75.00	19.50	22.05	16.46	69.0%	1	0
1,654	56	51.9%	0.01	0.00	0.26	80.00	16.35	19.35	18.80	—	16	0
563	5	44.9%	0.01	0.00	0.05	85.00	20.80	24.15	23.70	—	4	0

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 December 18, 2026 expiration, the BAC put/call ratio based on open interest is 1.05 (170,784 puts vs 163,397 calls), and 0.26 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 December 18, 2026 is about 25.9%, 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.