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Bank of America Unusual Options Activity

Benzinga ·  Nov 21 23:06

Investors with a lot of money to spend have taken a bullish stance onBank of America(NYSE:BAC).

And retail traders should know.

We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.

Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with BAC, it often means somebody knows something is about to happen.

Today, Benzinga's options scanner spotted 8 options trades forBank of America.

This isn't normal.

The overall sentiment of these big-money traders is split...

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