Bank of America (BAC) volatility at low end of range

Bank of America (NYSE: BAC) was downgraded to Neutral at Citigroup on the recent run-up reflecting capital concerns subsiding. March and April put option implied volatility of 49 is below its 26-week average of 59 according to Track Data, suggesting decreasing price movement.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• On Holding AG (ONON) call put ratio 4.5 calls to 1 put with a focus on September 28 and 29 calls
• McDonald's (MCD) call put ratio 1 call to 2.8 puts into investor day
• Li Auto Inc. (LI) call put ratio 1.1 calls to 1 put with a focus on September 25 weekly 12.5 puts