a whale with a lot of money to spend has taken a noticeably bearish stance on bank of america looking at options history for bank of america nysebac we detected 26 strange trades if we consider the specifics of each trade it is accurate to state that 38 of the investors opened trades with bullish expectations and 61 with bearish from the overall spotted trades 2 are puts for a total amount of 650935 and 24 calls for a total amount of 1144006 taking into account the volume and open interest on these contracts it appears that whales have been targeting a price range from 150 to 600 for bank of america over the last 3 months looking at the volume and open interest is an insightful way to conduct due diligence on a stock 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 activity within a strike price range from 150 to 600 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 14420933 the price of bac is down 006 at 4467   rsi indicators hint that the underlying stock may be approaching overbought   next earnings are expected to be released in 21 days what the experts say on bank of america   morgan stanley has decided to maintain their underweight rating on bank of america which currently sits at a price target of 49 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