BAC options flow: unusual options activity in Bank of America Corp.

Updated 28 September 2026, 09:54 ET

Over the last week the tape recorded 152 unusual options prints in Bank of America Corp. (BAC), $11.6M of tracked premium, leaning bullish. Bullish premium was $6.7M against $3.6M bearish; $6.1M went into calls and $5.6M into puts, a put call ratio of 0.92. The largest print was $963K of BAC 15 Jan 2027 $55 puts on 22 September 2026, swept at bid. The last session with prints, 25 September 2026, added 20 prints and $956K of premium. BAC closed at $56.70 on 25 September 2026, up 1.2%.

This week's unusual flow

Unusual prints152
Tracked premium$11.6M
Net premium+$3.1M
Bullish premium$6.7M
Bearish premium$3.6M
Call premium$6.1M
Put premium$5.6M
P/C ratio0.92
Sweeps60%
Size over OI12
Whale prints0
High conviction5

Prints from 21 September 2026 to 25 September 2026, 5 sessions. Delayed tier: every print is shown twenty minutes after it executed, and the page is rebuilt after each session.

Net premium is bullish minus bearish premium. The put call ratio is put premium divided by call premium, weighted by money rather than by contract count. Sweeps is the share of prints executed across several exchanges at once. Read the guide: Reading the Pulse.

Largest prints of the week

DateContractTypeSizeOpen int.PremiumExecutionSentimentTier
22 Sep 2026BAC 15 Jan 2027 $55 putsSweep5,19670,884$963KAt bidBullishHigh conviction
22 Sep 2026BAC 18 Dec 2026 $55 putsTrade5,0007,648$770KAt bidBullishNotable
22 Sep 2026BAC 18 Dec 2026 $70 callsTrade53,30059,943$586KAt midpointNeutralNotable
24 Sep 2026BAC 25 Sep 2026 $56 putsTrade15,6293,256$438KAt bidBullishNotable
21 Sep 2026BAC 15 Jan 2027 $47 callsTrade25525,475$300KAt askBullishNotable
24 Sep 2026BAC 20 Nov 2026 $55 callsSweep7503,820$240KAt askBullishNotable
25 Sep 2026BAC 18 Dec 2026 $55 callsSweep6005,336$235KAt bidBearishNotable
21 Sep 2026BAC 20 Nov 2026 $50 callsSweep225993$197KAt askBullishNotable
21 Sep 2026BAC 19 Jan 2029 $57.50 putsTrade265317$192KAt bidBullishNotable
21 Sep 2026BAC 20 Nov 2026 $57.50 callsTrade6003,693$172KAt askBullish
22 Sep 2026BAC 18 Dec 2026 $55 putsSweep1,0797,648$168KAt bidBullishNotable
21 Sep 2026BAC 15 Jan 2027 $62.50 callsSweep94421,095$161KAt askBullishNotable

Size above open interest means the trade opened a position larger than everything that existed in the contract the night before. Above ask and below bid are the most aggressive executions. Read the guide: Size versus open interest.

Where the money is aimed

ExpiryPrintsPremiumCalls shareNet premium
18 Dec 202620$2.9M59%+$812K
15 Jan 202723$2.3M43%+$1.6M
25 Sep 202620$1.5M36%+$128K
20 Nov 202615$1.2M67%+$741K
21 Jan 202814$866K51%+$17K
16 Oct 202619$766K54%-$61K

The most premium, $2.9M, is aimed at the 18 Dec 2026 expiry; the nearest expiry with unusual prints is 25 Sep 2026.

A print in a contract expiring this week is a view about the next few days, often about a known event; a print months out is a different kind of statement. Read the guide: 0DTE options flow.

The last session, 25 September 2026

Prints20
Premium$956K
Net premium-$213K
P/C ratio0.23
Sweeps60%
DateContractTypeSizeOpen int.PremiumExecutionSentimentTier
25 Sep 2026BAC 18 Dec 2026 $55 callsSweep6005,336$235KAt bidBearishNotable
25 Sep 2026BAC 18 Dec 2026 $55 callsSweep2195,336$83KAt askBullishNotable
25 Sep 2026BAC 15 Jan 2027 $65 callsTrade1,00022,288$67KAt askBullish
25 Sep 2026BAC 15 Jan 2027 $55 callsSweep14623,134$64KAt bidBearishNotable
25 Sep 2026BAC 16 Oct 2026 $60 callsTrade1,35726,546$42KAt bidBearish

Every print in BAC with its full detail, the live tape, one tap filters and saved screeners: open BAC in Options Sentiment Screener.

Price

Last close$56.70
Day+1.20%
1 week-1.78%
1 month-8.89%
3 months-2.04%
1 year+9.67%
52 week high$65.22
52 week low$46.12
Volume28,601,303
Market cap$391.8B

The live quote and the price chart sit beside the ticker's flow in the app: open BAC in Options Sentiment Screener.

Analysts

The most recent analyst targets on file, from 14 firms, have a median of $66, 17.3% above the last close. The last 90 days brought 1 downgrade.

Calls bought at a strike above the average target are a bet that the analysts are too cautious; puts far below the price in a name they like are protection or a strong disagreement. Read the guide: Reading one ticker's flow.

About Bank of America Corp.

Exchange
NYSE
Sector
Financials
Industry
Banking
Headquarters
Charlotte, North Carolina
Website
bankofamerica.com

Bank of America Corporation provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. Its Consumer Banking segment offers traditional and money market savings accounts, certificates of deposit and IRAs, noninterest-and interest-bearing checking accounts, and investment accounts and products. Its Global Banking segment provides lending products, including commercial loans, leases, commitment facilities, trade finance, and commercial real estate and asset-based lending. The company was founded in 1784 and is based in Charlotte, North Carolina.

In the same sector

Flow pages for other Financials names in the S&P 500:

JPM JPMorgan Chase & Co.V Visa Inc.MA Mastercard Inc.MS Morgan StanleyGS Goldman Sachs Group Inc.WFC Wells Fargo & CompanyC Citigroup Inc.AXP American Express Co.

Learn

The live tape for BAC with every print's execution detail, one tap filters for calls, puts, sweeps and 0DTE, saved screeners and, for Realtime subscribers, push alerts and no delay. The same screen is in the iOS and Android apps.

Open BAC in Options Sentiment Screener