Bank of America(US:BAC) Benzinga·2026-01-06 16:01Core Insights - Investors are showing a bullish stance on Bank of America (NYSE:BAC), with significant options trades indicating potential upcoming movements in the stock [1][2] Options Activity - A total of 10 uncommon options trades for Bank of America were identified, with 4 puts totaling $1,424,732 and 6 calls totaling $461,400, reflecting a mixed sentiment among large investors [2] - The projected price targets for Bank of America are between $32.0 and $65.0, based on the volume and open interest of the options contracts analyzed [3] - The mean open interest for Bank of America options trades is 11,010, with a total volume of 4,652, indicating active trading interest [4] Largest Options Trades - Notable trades include a bullish put trade with a total of $1.2 million at a strike price of $55.00, and a neutral call sweep at a strike price of $32.00 totaling $252,000 [7] Company Overview - Bank of America is a major financial institution in the U.S. with over $3.2 trillion in assets, operating in consumer banking, global wealth management, global banking, and global markets [8] Market Status - Current trading volume for Bank of America stands at 6,390,955, with the stock price at $56.91, reflecting a slight increase of 0.03% [12] - Market experts have issued ratings for Bank of America, with a consensus target price of $62.2, indicating a generally positive outlook [10][13]