Increased Call Buying Activity in Bank of America (BAC) Continues -Susquehanna

Susquehanna options strategist Alison Edwards notes increased bullish call buying in Bank of America (NYSE: BAC), as an opening investor purchased ~150K Jan 28 Calls; the buying adds to at least ~150k currently long in the open interest from a prior roll late last month.

You May Also Be Interested In

• Blue Owl Credit Income Corp caps Q2 tender offer at 5% of shares
• Freeport-McMoran (FCX) call put ratio 3.9 calls to 1 put with a focus on a spreader of 20K contracts of July 70 and 80 calls
• Oppenheimer turns cautious on major U.S. banks, favors alternative asset managers