$BAC-Bearish flow noted in Bank of America (40.39 -0.36) with 22,781 puts trading, or 1.4x expected. The Put/Call Ratio is 1.99, while ATM IV is up nearly 3 points on the day. Earnings are expected on 10/14. The Sep 6th 40.00 Puts are being bought.
Posted inUnusual Options Activity