Bank of America Corporation (NYSE: BAC) is almost always one of the most active call options stocks out there. But today we are seeing a flurry of trading activity based upon last night’s announcement that it is repaying the full TARP amount. This first list is the DEC-2009 CALLS and we followed it with DEC-2009 PUTS as well:
CALL$   Volume   OpInt
$15.00Â Â Â 10,711Â Â Â 37,503
$16.00Â Â Â 99,716Â Â Â 102,460
$17.00Â Â Â 62,006Â Â Â 109,868
$18.00 Â Â Â 16,721Â Â Â 84,740
$19.00Â Â Â 3,041Â Â Â 20,268
$20.00Â Â Â 1,849Â Â Â 12,537
PUT$   Volume   OpInt
$14.00Â Â Â 2,933Â Â Â 104,680
$15.00Â Â Â 23,208Â Â Â 104,484
$16.00Â Â Â 74,628Â Â Â 84,786
$17.00Â Â Â 97,617Â Â Â 37,044
The stock is up 2.5% at $16.04 on the reactio to last night’s news. At 12:05 PM EST we have already more than doubled the average volume with about 374 million shares trading hands…. 4 hours to go.
JON C. OGG
DECEMBER 3, 2009
No comments:
Post a Comment