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: Apr 16, 2027
Days to expiration: 187
Share price: $54.32
Put/call ratio (OI): 1.54
Put/call ratio (volume): 0.64
ATM implied volatility: 27.1%
Expected move: ±$10.55
Open interest (C / P): 11.70K / 18.06K

BAC options summary

The BAC options chain for the April 16, 2027 expiration lists 18 call and 20 put contracts, with 187 days until expiration. Open interest stands at 11,700 calls and 18,056 puts, a put/call ratio of 1.54, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $55.00 strike is 27.1%, which implies the market expects a move of about ±$10.55 (19.4%) in Bank of America stock by expiration.

The most open interest sits at the $75.00 call (2.28K contracts) and the $45.00 put (4.49K contracts).

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

BAC options chain · April 16, 2027

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
3	—	179.7%	32.88	34.45	38.50	25.00	0.00	0.14	0.05	50.0%	1	606
29	5	58.1%	22.64	23.50	24.90	30.00	0.05	0.20	0.08	46.5%	10	875
25	1	65.3%	23.23	17.80	21.20	35.00	0.15	0.26	0.24	37.8%	2	2,049
—	—	—	—	—	—	37.50	0.26	0.41	0.34	36.3%	20	17
26	1	57.0%	17.49	13.30	16.80	40.00	0.39	0.47	0.45	32.3%	55	2,412
—	—	—	—	—	—	42.50	0.60	0.82	0.81	32.2%	41	165
113	4	36.0%	10.60	9.80	11.05	45.00	0.94	1.07	1.02	29.5%	200	4,488
—	—	—	—	—	—	47.50	1.43	1.52	1.49	27.9%	48	912
718	230	34.3%	5.82	6.35	7.55	50.00	2.06	2.19	2.17	26.7%	15	1,632
387	13	29.7%	5.35	5.15	5.50	52.50	2.96	3.10	3.00	25.8%	65	2,597
BAC $54.32
439	70	28.7%	4.10	4.00	4.15	55.00	4.05	4.35	4.35	25.6%	2	960
1,510	6	27.9%	3.00	2.85	3.05	57.50	5.40	5.65	5.89	24.1%	1	617
1,920	158	27.9%	2.18	2.09	2.27	60.00	6.00	7.90	7.43	27.6%	1	229
1,298	8	26.6%	1.17	1.21	1.50	62.50	7.90	10.35	10.40	31.7%	1	191
975	105	27.3%	0.84	0.80	1.13	65.00	9.90	12.40	9.80	32.3%	1	208
612	2	28.8%	0.58	0.51	0.94	67.50	12.15	14.65	6.95	33.7%	20	97
645	1	27.2%	0.41	0.33	0.55	70.00	—	—	—	—	—	—
165	2	26.9%	0.42	0.21	0.36	72.50	17.40	19.55	10.50	39.0%	—	0
2,278	49	27.3%	0.20	0.18	0.26	75.00	13.00	15.00	18.85	—	—	0
418	101	28.8%	0.11	0.04	0.16	80.00	17.50	18.45	19.55	—	—	1
139	2	36.4%	0.10	0.00	0.31	85.00	21.35	24.35	24.67	—	—	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 April 16, 2027 expiration, the BAC put/call ratio based on open interest is 1.54 (18,056 puts vs 11,700 calls), and 0.64 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 April 16, 2027 is about 27.1%, 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.