a whale with a lot of money to spend and possibly insider knowledge has taken a noticeably bearish stance on bank of america looking at options history for bank of america nysebac we detected 30 strange trades if we consider the specifics of each trade it is accurate to state that 4667 of the investors opened trades with bullish expectations and 5333 with bearish from the overall spotted trades 8 are puts for a total amount of 528379 and 22 calls for a total amount of 1321133 taking into account the volume and open interest on these contracts it appears that whales have been targeting a price range from 280 to 650 for bank of america over the last 3 months looking at the volume and open interest is a powerful move while trading options this data can help you track the liquidity and interest for bank of americas options for a given strike price below we can observe the evolution of the volume and open interest of calls and puts respectively for all of bank of americas whale trades within a strike price range from 280 to 650 in the last 30 days bank of america option volume and open interest over last 30 days where is bank of america standing right now   with a volume of 16820918 the price of bac is up 068 at 4817   rsi indicators hint that the underlying stock may be overbought   next earnings are expected to be released in 77 days options are a riskier asset compared to just trading the stock but they have higher profit potential serious options traders manage this risk by educating themselves daily scaling in and out of trades following more than one indicator and following the markets closely if you are already an options trader or would like to get started head on over to benzinga pro benzinga pro gives you uptodate news and analytics to empower your investing and trading strategy