There's 342k in puts, representing 34m shares that are currently OTM for this date. The OI is way out of whack compared to other months. I know Buffett dumped a bunch of stock. Does anyone else think this is odd?
BAC (Bank of America) Put OI for Sept 20th
byu/soylentgreen2015 inoptions
Posted by soylentgreen2015
1 Comment
Maybe a play on FOMC.
Berkshire is trimming as well.
BAC also starts their new $25 billion buyback program starting August 1, 2024.