Bank of America Corporation (BAC)
Overview · Option chain · Volatility · Expected-move history · Earnings
Cboe delayed options data · as of 06:34 UTC · Figures derived from the full chain (1,054 contracts, 19 expirations) · IV own-history percentile appears after 60 recorded days (28 so far)
Expected move · Nov 20, 2026 (32 days)
Methodology →Read from option prices: the at-the-money straddle costs this much, so the market is pricing a move of about that size in either direction by this date. It is an estimate of movement, not a prediction of direction.
Options are pricing a move of about ±6.4% (range 47.92–54.48) by Nov 20, 2026. ATM straddle: 3.27 @ strike 50 · ATM IV: 24.4%.
Probability distribution
Model & assumptions →The curve shows where a lognormal model, fed with current implied volatility, puts the range of outcomes at this expiration. Shaded: the expected-move band.
| Level | vs price | P(above)Model-estimated chance the stock finishes above a level at expiration, derived from current IV under a lognormal model with stated assumptions — an estimate, not a prediction. | P(below) |
|---|---|---|---|
| 46.08 | -10% | 92.3% | 7.7% |
| 48.64 | -5% | 75.0% | 25.0% |
| 51.20 | +0% | 48.6% | 51.4% |
| 53.76 | +5% | 23.8% | 76.2% |
| 56.32 | +10% | 8.7% | 91.3% |
Model-estimated probabilities of finishing above/below each level at expiration: estimates under stated assumptions, not predictions.
Probability explorer
Drag the slider to any level and see the model-estimated chance the stock finishes above or below it at the selected expiration.
Horizon: Nov 20, 2026 · lognormal model with zero drift: an estimate, not a prediction. Assumptions
Expirations
Open the chain →| Expires | DTEDays to expiration, in calendar days. | Implied move | ATM IV | Open int. |
|---|---|---|---|---|
| Oct 23, 2026 | 4 | ±2.8% | 24.9% | 88.6K |
| Oct 30, 2026 | 11 | ±4.1% | 24.7% | 36.4K |
| Nov 06, 2026 | 18 | ±4.9% | 24.7% | 27.4K |
| Nov 13, 2026 | 25 | ±5.6% | 24.2% | 11.7K |
| Nov 20, 2026 | 32 | ±6.4% | 24.4% | 212.2K |
| Nov 27, 2026 | 39 | ±6.4% | 24.0% | 4,101 |
| Dec 18, 2026 | 60 | ±8.5% | 24.9% | 347.2K |
| Jan 15, 2027 | 88 | ±10.1% | 25.4% | 648.4K |
| Feb 19, 2027 | 123 | ±12.2% | 25.7% | 61.2K |
| Mar 19, 2027 | 151 | ±13.7% | 26.3% | 123.4K |
| Apr 16, 2027 | 179 | ±14.9% | 26.5% | 34.6K |
Open interest by strike · Nov 20
Where option positions are concentrated. Teal bars are calls, red bars are puts; the dashed line is the current price.
Largest open-interest concentrations (all expirations ≤ 60 days): 60 C · 70.6K70 C · 59.1K50 P · 46.6K55 C · 35.2K55 P · 34.5K
IV term structure
Volatility page →At-the-money implied volatility for each expiration. A hump around a date often marks a scheduled event the market is pricing.
When does open interest expire?
Implied vs realized volatility
HV from our stored daily closes (annualized); IV30 interpolated from the chain. Method
Price, last 60 sessions
Daily closes; Financial Modeling Prep.
Track record
Full history →Of 93 recorded snapshot-versus-outcome comparisons so far, the close landed inside the expected range 36.6% of the time.
Past earnings reactions
Avg |reaction| 3.2% · median 2.1% (21 reports). Two-session close-to-close window; definition
About Bank of America Corporation
Operating globally through its various subsidiaries, Bank of America Corporation offers a comprehensive range of banking and financial products and services. Its extensive clientele includes individual consumers, small and mid-market businesses, institutional investors, large corporations, and government bodies worldwide. The Consumer Banking division provides diverse options such as traditional and money market savings accounts, certificates of deposit, individual retirement accounts (IRAs), and both interest-bearing and non-interest-bearing checking accounts, in addition to investment products. This segment also issues credit and debit cards, originates residential mortgages and home equity loans, and offers direct and indirect financing for needs like automotive purchases, recreational vehicles, and personal loans. Within its Global Wealth & Investment Management segment, the company delivers investment management, brokerage, banking, and trust and retirement solutions. It also crafts tailored wealth management strategies, including specialized asset management services. The Global Banking segment furnishes a broad spectrum of lending products, including commercial loans, leases
Financial Services · Banks - Diversified · NYSE · Profile: Financial Modeling Prep
BAC news
All news →A stock-market ‘sell’ signal has been silenced — but these Bank of America strategists say it’s too early to buy
Even though October’s correction has brought about some relief for bond markets and revivified the rate sensitive sectors of the stock…
MarketWatch · Oct 16, 14:14 UTC ↗Banking tax raid fears hit London lenders' shares ahead of crucial budget
Shares in some U.K. banks fell Friday after reports that the government is considering a higher surcharge on bank profits in the Oct. 28…
CNBC · Oct 16, 11:19 UTC ↗A stock-market ‘sell' signal has been silenced — but these Bank of America strategists say it's too early to buy
Even though October's correction has brought about some relief for bond markets and revivified the rate sensitive sectors of the stock…
Market Watch · Oct 16, 10:14 UTC ↗Central bankers eye higher rates as AI boom fuels scramble for cash
Central bankers eye higher rates as AI boom fuels scramble for cash
Reuters · Oct 16, 09:28 UTC ↗Bank of Japan Must Ensure Underlying Inflation Doesn't Go Above 2%, Ueda Says
The central bank's governor said the Middle East situation, AI demand and foreign-exchange rates would affect the timing of the decision.
WSJ · Oct 16, 08:39 UTC ↗Related securities · Financial Services
SOFI · IV 59.1%HOOD · IV 67.7%MARA · IV 93.7%COIN · IV 71.9%RIOT · IV 95.6%NU · IV 62.5%